REDISTRIBUTE WEALTH BUT DON’T SPOOK THE RICH!

Press statement by Kua Kia Soong, SUARAM Advisor 11 September 2020

Two issues of late – a 20 sen e-commerce tax and putting off the proposed vacancy tax on empty unsold property – have exposed the government’s pusillanimous approach to the oft lamented problem of wealth inequality in Malaysia. As usual, the government does not want to “spook the rich” and invariably falls for across-the-board measures that hit the pockets of the majority rather than the richest 1 per cent.

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