18
Anwar Moots Removing Health Care Subsidies From The Rich, Scrapping Sugar Subsidy To Cut Diabetes - CodeBlue
(codeblue.galencentre.org)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 02 Oct 2023
18 points (90.9% liked)
Malaysian News
421 readers
3 users here now
Welcome to News
For non-political news and discussion about Malaysia.
Here are some basic rules:
- Posts: Submission must be explicitly about Malaysia
- Posts: Submissions must be published within the last two weeks
- Posts: Links from reputable news media only
- Posts: Titles must be the exact headline from the article.
- Comments: No incivility or personal attacks toward users
- Comments: No flaming, baiting, or trolling
- Comments: No witch hunts or personal information
Visit our sister communities
founded 2 years ago
MODERATORS
capital growth is not an assessable income tho? and even then, you will have to be in the trade of buy/sell assets to be assessable on the net profit iinm. no CGT in malaysia either.
That was my point. Because the majority of their income is not assessable, they don't fall into the top category of earners. That category is just filled with actual workers.
Yep, the actually wealthy have their assets tied up not in personal holdings. By any simple metric that is being thought of, the first impacted are salaried/employed/contracted workers (since taxable income is a usual source of yardstick)