Govt will not raise corporate tax rate, may reduce in future, says Guan Eng

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KUALA LUMPUR: The Government will not increase the corporate tax rate but may look into reducing it in the future, said Finance Minister Lim Guan Eng.

 

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What about reducing income tax? Our 26% is too high in comparison to the service/benefit we get. Singapore’s highest (if I’m not wrong) is 19% and they get more value from every cent paid!

Good news finally.

The gov should. Otherwise inequality worsens. Have a look at the US and other countries for case studies. Stop assuming this and that will happen like previous gov. Time to read books sir. Stop rent seeking by and subsidizing the wealthy individuals and corporations.

Don't kencing so much la ah lim

kencing lagi ke ?

The rich should pay higher taxes as they have the means.

LGE like US POTUS lower the corporate tax for bosses only maybe for 2 situation, 1. squeezes out from M40 from personal income tax, 2. hope bosses will invest on their employees. Can u all guess which one. for me neither can justify this move by MoF

seem like to care their family nembers interest

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