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Day: January 22, 2015

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Use inheritance tax to narrow the gap between the rich and the poor

It is a given that the gap between the haves and have-nots in Malaysia is widening. The recent study by the Khazanah Research Institute, the United Nations Human Development (UNHD) Report 2013 and a recent book by Dr. Muhammed Abdul Khalid, all gives the latest evidences pointing to this maldevelopment. According to the UNHD Report, the total wealth of the richest 40 Malaysians is equivalent to...
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