As Forbes shows rich getting richer, PSM No 2 calls for wealth tax

PSM deputy chairperson S Arutchelvan called for a wealth tax following the news that the wealth of Malaysia’s 50 richest people increased from last year.

Funding from a wealth tax could be channelled towards upgrading public hospitals, building affordable housing, and pension schemes for the elderly, he said.

“It is time the Madani government ensures...