How bout Inheritance Tax?
Why aren't we doing that ya?

Inheritance tax isn't you getting tax.

It is your son/daughter getting taxed.

Because you already dead when inheritance tax happens.

Inheritance tax isnt a tax on you, its a tax on whoever receives the inheritance - its a tax on their income.

You pay income tax already.

When you buy thing, you need to pay SST/GST again? Why? Same thing je la

You support GST right?

not so correct calculation in terms of impact....

is u pay tax and pay house for 35 years.. for 1m... after you ko.. the house is worth 2m...

your son, to inherit that house... needs to pay 5% inheritance tax... in cash.... 5% of 2m.. fuh..

The other solution is a hard limit on residential property owner.

Takpe la... can pay tax means can make living... syukur dah...
Most of the 1st world country also got Inheritance Tax and GST kan.
Yg mampu... buat je lah

You might as well say the company which paid your salary has also paid the corp tax before paying your salary.

Take the viewpoint of the recipient and youd see that its basically taxed once at each level of recipient.