How to Solve the Malaysia's Debt Problem

Solving Malaysia's Debt Problem

gayinvestor
Publish date: Thu, 31 May 2018, 06:18 PM
How to solve Malaysia Debt Problem?

One good way to do this is to introduce Capital Gain Tax, a tax on shareholders who earn a profit by taking advantage of the differences on the price of stock trading in the financial market.

I would begin by recommending to our current Prime Minister, Tun Dr Mahathir one of the best way to increase government revenue. CGT on the financial markets, this way we can tax the rich to help the poor. 

Recently, I have came across many individuals who claimed to have made thousands and thousands of profit by trading stock. Most of them I noticed are from SAPNRG. That got me thinking, if these people made so much money, I reckon they really should contribute to the well being our Malaysia's Economy. And that is when I realised in the United States and Australia, their people are taxed for making a gain the share market.

Why shouldn't we do that with Malaysia? One reason would be scaring away foreign investor. However in our case, since the past 2 weeks, majority of the foreign funds has been withdrawn, so there should not be a problem implementing Capital Gain Tax in Malaysia.

One would argue that introduction of a new tax would be a burden to the rakyat, but you need to understand those who really struggles wouldn't have any surplus to "invest" or more often daily trading in the stock market. So I think this is a feasible approach to tackling Malaysia's huge debt issue. 

Repeat after me, Tax the Rich, Help the Poor! Tax the Rich, Help the Poor! 

 

 

Discussions
1 person likes this. Showing 5 of 5 comments

Dondon

Capital gain tax in Malaysia?I will withdraw all my investment in Malaysia.Rather fully invest in oversea .1 of the main factor still invest here,because it's tax free.

2018-05-31 20:21

akupolitikkk

ask KYY support, he got so much money

2018-05-31 20:44

davidkkw79

Yupe pls tax KYY, he ALWAYS claimed he like to do charity

2018-05-31 21:41

Fantastico

@Dondon you think overseas no Capital gain tax? Tax all the rich people to help the country is good idea.

2018-06-01 08:18

TrippleZ

He is really gay

2018-06-01 13:14

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