Syed Saddiq: Introduce 'windfall tax' on companies making extraordinary profits during pandemic

  • 📰 staronline
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR: The government should introduce a “windfall tax” on companies that have raked in extraordinary profits during the Covid-19 pandemic, says Muar MP Syed Saddiq Syed Abdul Rahman.

He said several glove companies had raked in billions of ringgit this year following high global demand due to the pandemic.

“My proposal is for the government to introduce a windfall tax on rubber glove companies in Malaysia that have enjoyed extraordinary profits in the Covid-19 season.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Young boy, wake up. What precedence u trying to achieve?

If given wf tax n few yrs later company in danger of financial trouble, ask saddiq to help. Ok

Guess someone is sour about not getting His cut 😂

1st empty your pocket!

Oh come on Saddiq, you gotta have more brains than this. Government agencies like JASA should be defunded first.

what about genting? every day the wind falls

This boy needs to learn more about the 'Corporation Beast'

Malaysia should introduce WINDFALL TAX AND ROBIN HOOD TAX (TOBIN TAX). Besides that the Prime Minister, Ministers and Deputy Ministers should be taxed for the fixed income they receive from taxpayers money. SyedSaddiq

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines