Budget 2018 fails to address demographic transitions such as an ageing population and rapid urbanisation, says Centre for Public Policy Studies. – The Malaysian Insight pic by Zainal Abd Halim, October 28, 2017. THE 2% income tax reduction for the three income brackets benefited the upper and middle classes while leaving the lower income group to fend for themselves, said the Centre for Public Policy Studies (CPPS).
In a statement today, CPPS said the blanket tax cut in Budget 2018 was poorly designed, mis-targeted, and regressive.
"It is a blanket tax cut which primarily benefits the upper and middle classes as […]
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