BFM 89.9

HIGHLIGHTS 
Podcast  >  Bigger Picture  >  Beyond The Ballot Box  >  Tax! Tax! Tax! For the Common Good

Tax! Tax! Tax! For the Common Good

Ng Sze Fung, Research Officer, REFSA

25-May-23 15:00

Tax! Tax! Tax! For the Common Good

There’s been a lot of debate and discussion surrounding that on social media recently. For example, when Prime Minister Anwar Ibrahim announced that the T20 income group will not benefit from electricity subsidies and haj financial assistance, some people cried foul, saying that the T20 already pay the highest taxes so surely they deserve the highest subsidies from the government too. Similar conversations also took place when the government made the 2% tax cuts for the M40 and increased tax rates for relatively high-income earners by 0.5%. Many wondered why higher-income earners should pay more taxes. 

We discuss the importance of progressive taxation and if taxing the rich – the real rich – stifles innovation, with Ng Sze Fung, Research Officer, REFSA.

Produced by: Dashran Yohan

Presented by: Dashran Yohan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economypoliticsgovernment

Tags:  progressive taxationtax the richcommon goodthe bigger picturebeyond the ballot boxtaxationsubsidies





Play / Pause

Listen now : Open For Business : Isaac Kon, CEO and Founder, Heytech Sdn Bhd

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence

7:15 AM

Morning Brief

7:30 AM

Morning Brief

Adrian Chew, ASEAN AI and Data Leader, EY

7:45 AM

Morning Brief

Ahmad Maghfur Usman, Equity Analyst, Nomura Malaysia

8:00 AM

The Breakfast Grille

Manu Bhaskaran, Founding Partner & President, Centennial Asia Advisors

8:30 AM

Morning Brief

Dr. Rachel Gong, Deputy Director, Khazanah Research Institute

8:45 AM

Morning Brief

Dr Syaza Shukri, Associate Professor, International Islamic University of Malaysia (IIUM)

9:00 AM

Opening Bell

9:15 AM

Opening Bell

9:35 AM

What's the Focus

10:05 AM

Open For Business

Isaac Kon, CEO and Founder, Heytech Sdn Bhd

11:05 AM

Resource Centre

Matt Armitage, Founder, Kulturpop

12:00 PM

Enterprise Explores

Michael Freese, Professor of Management, Asia School of Business

1:00 PM

The Breakfast Grille Repeat

Manu Bhaskaran, Founding Partner & President, Centennial Asia Advisors

2:05 PM

Front Row

tbc

2:20 PM

Front Row

tbc

3:05 PM

Good Things

Native Allies; Daniel Teoh, Founder, Native

4:05 PM

Health & Living

Why A New TB Vaccine Is An Investment Worth Making; Dr Allison Portnoy, Assistant Professor of Global Health, Boston University School of Public Health

5:00 PM

The Evening Edition

7:05 PM

The Evening Edition

7:30 PM

Just For Kicks

9:00 PM

A Bit of Culture