Introduce luxury tax on supercars and private jets to boost got revenue, suggests Shafie


KUALA LUMPUR: The government should introduce a tax on luxury items such as high-end cars, yachts, private jets and other high-value items to increase government revenue, suggests Datuk Seri Mohd Shafie Apdal.

The Parti Warisan Sabah president said there was no comprehensive policy to boost government revenue except for the proposed one-off prosperity tax targetted at companies with more than RM100mil yearly profits.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Flood situation worsens in northern Sabah as evacuees rise to 4,761
TB outbreak: Johor Ramadan bazaar SOPs unchanged, says exco rep
Bersatu crisis: Raub, Lipis divisions dissolved today
Smooth traffic reported on several main highways as at 9.40pm
Health Ministry accelerates efforts to strengthen food safety control to achieve target by 2030
Pahang Sultan, Tengku Ampuan express sadness, sympathy at Trooper Indiran's death
Perak urges use of reusable bags ahead of ban on single-use plastics
Ramadan bazaars: A beloved annual tradition for Malaysians
Bersatu appoints new task force to restructure divisions, wings
Madani govt component parties must strengthen cohesion to realise people's mandate, says Zaliha

Others Also Read