Budget 2016 - The Middle Income trap
Bernard Yap | Wan Saiful Wan Jan
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While many tax experts have lauded the government for maintaining its fiscal consolidation plan, there is no doubt who is paying for the budget. From a consumer perspective, the higher and middle income groups are obviously funding a huge chunk of expenditure for next year. Today we discuss the budget from the perspective of the middle income demographic, against the rising cost of living.
This is a reported by Nadiah abdul Aziz
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