‘Like giving up a Lamborghini’: Santiago says wealth tax on super-rich could raise RM10 bil

KUALA LUMPUR — A wealth tax on Malaysia’s super-rich could raise RM10 billion for social programmes at the cost of little more than a Lamborghini, said former Klang MP Charles Santiago, urging the government to tax accumulated wealth instead of relying on short-term relief measures. (Scoop, 08:00)

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  Scoop·News·EN·20 Oct, 08:00 MYT

  ‘Like giving up a Lamborghini’: Santiago says wealth tax on super-rich could raise RM10 bil

  KUALA LUMPUR — A wealth tax on Malaysia’s super-rich could raise RM10 billion for social programmes at the cost of little more than a Lamborghini, said former Klang MP Charles Santiago, urging the government to tax accumulated wealth instead of relying on short-term relief…

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