Putrajaya raises tax for the rich, those earning RM2m to pay 30pc now | Malay Mail

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Putrajaya raises tax for the rich, those earning RM2m to pay 30pc now

Friday, 11 Oct 2019 06:01 PM MYTPrime Minster Tun Dr Mahathir Mohamad, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail and Finance Minister Lim Guan Eng arrive in Parliament for the tabling of Budget 2020 on October 11, 2019. — Picture by Miera Zulyana

The move will likely draw support from the majority of Malaysians amid growing anger over rising income inequality.

 

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A step forward indeed!

Rich won't pay, their company will pay for them. Hahahahaha

The real Rich receives income in dividends which are tax exempt. The 2,000 odd people are mainly salaried and they will now try their best to change it to dividends to avoid tax, where possible. Bring back the imputation system to make the taxes fair.

Byknyer.. kalau gaji 2 milium minus 30 percent brapa je tgl? Ptt potong gaji menteri dgn MP adun tu semua. Dok bergaduh sesaja. Tolak 60% gaji diorg, pencen pn batalkan. Konfirm msia ni aman kaya dan bahagia.

There are only 2000 owe earn that much

They can afford to pay accountant to avoid tax.

Sokong

👏👏👏

Well done putrajaya; brave move 💪🏾

Bravo... I sokong kaw-kaw

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