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 No inheritence and gift tax in Malaysia?, Tax free for assets transfer to child?

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flight
post Jul 14 2010, 03:31 AM

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wankongyew has the brains of an idiot. Is no one else able to tell this?

Comments like no inheritence tax makes the rich richer is just mind bogglingly stupid. Like edyek has said, if such taxes were implement, money would simply shift overseas.

Any argument that tries to put this into "moral grounds" is just pure hypocrisy, why don't u sell ur home and build a charity house, and then dedicate ur entire life to taking care of the disabled.

The whole idea is that the rich somehow owes the rest of the population a living. The reality is that most of these people got rich by building businesses that provide a productive service to people, as well as creating jobs for the community. If you plan on punishing the rich on taxes, then they will either find a way around it, or they will move away. Neither is good for this country.

The key problem all is and will be the bias and racist policies of the government. All this talk of taxes/ inheritence taxes is all bullshit. The problem is hard to pin down, and if there is any problem it is negligable.

 

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