In Budget 2021 debate, Syed Saddiq moots taxing glove companies for ‘extraordinary profits’, lowering college fees | Malay Mail

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In Budget 2021 debate, Syed Saddiq moots taxing glove companies for ‘extraordinary profits’, lowering college fees

Syed Saddiq Syed Abdul Rahman speaks in Putrajaya March 3, 2020. ― Picture by Shafwan Zaidon

“My proposal is for the government to introduce a windfall tax on rubber glove companies in Malaysia that have enjoyed profits by many folds in the Covid-19 season,” he said. He claimed a windfall tax on glove makers could gain the government RM4.8 billion in revenue that can be used to benefit Malaysians, especially those on the front lines.

“Because later, many outside will ask why suddenly they are afraid of mega companies, is it because they think election is nearing, if we don’t impose this tax, in the end, theThe former youth and sports minister also suggested lower tuition fees for college and university students, noting complaints that many were learning remotely instead of in campus as the virus had forced many to stay home.

“The government should put preconditions, if you get this aid, reduce the cost of university tuition fees, both in public and private institutions of higher learning,” he said.

 

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SyedSaddiq Expected to support

What can you expect from a budak. So oil palm when low price govt subsidise n mix palm oil to diesel to support the price. So when in few years supply exceed demand,rubber prices skyrocket, USD plummet govt will gives any subsidy to glove makers? Zero.

SyedSaddiq Aiyo, Finance Minister tzafrul_aziz is already whacking 4 Chinese companies for RM400 MILLION in 2021 Budget. Nak pukul mati ke? Kenapa Budget JAKIM naik dari $1.3B ke $1.4B?; potong lah $700 million dpd itu!😡😡😡

Even if he is trying to score points, he must sound intelligent too. The amount he quoted is embarrassingly naive!

Jangan cari pasal. Business orang apa mahu kacau? Untung rugi bukan kamu tentukan. Apa mereka nak buat dengan untung halal mereka, mereka punya pasal.

tang tax ni wa setuju; kerajaan sepatutnya kawal harga glove juga yang meningkat 3x ganda...

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