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3 comment(s). Last comment by Tobby 2022-09-13 06:04

Tobby

7,397 posts

Posted by Tobby > 2022-09-12 23:14 | Report Abuse

Easier said than done! Our politicians will talk about justice and fairness but once they are in power, tycoons will alter the course of Malaysia taxation! Why do you think Malaysia has so many billionaires! Because they will provide easy money for politicians!

emsvsi

3,519 posts

Posted by emsvsi > 2022-09-12 23:57 | Report Abuse

DEAR KOON
DOES THIS MEAN THAT YOUVE MADE PROFITS FROM SELLING HIBISCUS AND ARE NOW READY TO BE TAXED

Tobby

7,397 posts

Posted by Tobby > 2022-09-13 06:04 | Report Abuse

Breaking out of the poverty trap is difficult of course, but one of the key factors that have been observed in both rich and poor countries, is investment in education and other human capital.
Answer : Used to be true! But nowadays, it's quite subjective! You see, degree holders will find themselves in cycle of frustration and disappointment! Why, because employers will set ridiculous standards but only pay them peanuts in return! As long as you open up the borders for cheap migrant workers, the remuneration will remain stagnant for decades!
Problem with education system nowadays is that, they cannot meet the fast changing job landscape! Most of the degrees offered are outdated! Both public and private universities have no idea what the industries are looking for! Employers too have no idea what they are looking for! Employers are only interested to get cheap workers and replace them once they are old and expensive! Most big companies only pay big salary for talents! Or hire those rich kids because they want connection with their wealthy parents!

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