Hike in assessment tax will set off multiplier effect, says Tanjung MCA chief


GEORGE TOWN: The sudden increase in assessment tax in the state will set off a multiplier effect on many things, which will in turn hike living costs, says Tanjung MCA division chairman Loke Poh Chye.

He explained that when assessment tax increases, the people would be burdened with a sudden increase in living costs.

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Tanjung MCA , assessment tax , Penang

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