Fiscal Policy And Inequality In Malaysia
The author demonstrates how inequality has increased in Malaysia in recent years as a result of fiscal policy, whether intentionally or not. For example corporation tax where wealthy shareholders bear the biggest burden has dropped from 40% in 1994 to 28% in 1998. Similarly fiscal distributions, with the exception of an inadequately funded health system, has done little to alleviate disparities either between regions or between high and low income earners.
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Description
The author demonstrates how inequality has increased in Malaysia in recent years as a result of fiscal policy, whether intentionally or not. For example corporation tax where wealthy shareholders bear the biggest burden has dropped from 40% in 1994 to 28% in 1998. Similarly fiscal distributions, with the exception of an inadequately funded health system, has done little to alleviate disparities either between regions or between high and low income earners.
Publisher: University Of Malaya Press
Paperback
2006
ISBN: 9789831003206
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