Stiglitz: Good taxes can spur Malaysia’s economic growth


PUTRAJAYA: There are many kinds of good taxes that could be introduced to stimulate Malaysia’s economy in order to create a fair society as it strives to tide over its RM1 trillion debt, said Nobel prize-winning economist Joseph Stiglitz (pic).

He cited them as inheritance taxes, capital gain taxes and property taxes for large holding properties, which were actually good for the economy and society.

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Business , Economy , Malaysia , tax , Joseph Stiglitz

   

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