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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NEAC MUST ALSO REVIEW PM’S CONTROVERSIAL PET PROJECTS

Press statement by Kua Kia Soong, SUARAM Adviser 9 Feb 2019

It is timely that the Prime Minister has decided to set up National Economic Action Council (NEAC) 2.0 in anticipation of the looming local and global recession. While few would argue that strategic preparations for this impending recession are needed one important question arises:

Do the terms of reference of NEAC 2.0 include a review of the controversial pet projects already announced by the PM, namely the Third National Car, the privatisation of Khazanah and other GLCs or are these decisions going to be accepted by the Council as a fait accompli?

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