He thinks everybody make money in stock market. What about those who lost in the market. Will IRB compensate them. We have already paid stamping fees, clearing fees and brokerage for buying and selling. What more taxes do IRB want. Most of the taxes went into somebody pockets.
What CGT is he talking about? Stock traders lose more money than gaining. With fat salary and easy residual income he gets, surely he has never traded before. Agree with billionn. Just reintroduce the GST but with reduced rate.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DickyMe
14,932 posts
Posted by DickyMe > 2020-11-23 20:16 | Report Abuse
Yes, and effectively kill the economy.