Commentary: There’s an easier way to tax the rich in Malaysia
Petrol
Malaysia is trying to get the ultra-rich to pay more through the removal of fuel subsidies and other measures, but there is a simpler solution, says an ISEAS - Yusof Ishak Institute academic. SINGAPORE: T15 is the new buzzword in Malaysia. Budget 2025 , presented by Prime Minister and First Finance Minister Anwar Ibrahim on Oct 18, popularised the “Top 15 per cent” category. It refers to the removal of subsidies in residential schools and 95-octane (RON95) petrol , and generally to public
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