Wealth tax? The question has never been one of whether to tax wealth but how to do it effectively: Indranee
We have heard many stories of the asset-rich but cash-poor retiree who lives in a private property bought years ago when he was young. Now he is old and struggles to get by while living in a private property because he has little cash. Familiar story? Along comes the wealth tax. Well, good luck to this […]
Unequal outcomes not entirely due to ability and effort, says Tharman
To tackle inequality, we must address both unequal opportunities and unequal outcomes, SM Tharman Shanmugaratnam said in an op-ed he wrote for the Straits Times. Unequal opportunities early in life have a way of ingraining the advantages and disadvantages that last through life, he said. There is also a need to temper with unequal outcomes […]