Taxes
In a sign of more trouble ahead, Saudi Arabia has secretly drafted a plan to further remove subsidies as the kingdom tries to offset the impact of its struggling economy – thanks to low crude oil prices. In spite of oil price rally recently, the latest due to a 450,000-bpd pipeline shut down in the […]
... written on Dec 13 2017Malaysian celebrities are one of the lamest when comes to speaking up against the government of the day. It’s extremely rare they bite the hand that feeds them. That’s because the government could easily cripple their rice bowl by instructing the relevant agencies to boycott them. Without appearance or show opportunities, they would be denied […]
... written on Dec 07 2017Donald Trump is indeed a very happy man. Not even the decision by Michael Flynn, a former national security adviser to the U.S. president, pleading guilty to lying to the FBI could make Trump lose his sleep. An early and vocal Trump supporter, Flynn has apparently made a U-turn and agreed to co-operate with special counsel […]
... written on Dec 04 2017China is today the world’s biggest economy. But the Middle Kingdom didn’t transform itself into a wealthy nation overnight without lifting a finger. It had been invaded and colonised by various empires – from Mongolia to Manchuria, Russia, United States, Britain, France, Italy, Germany and Japan. Amazingly, the Chinese didn’t perish but emerge stronger over […]
... written on Nov 27 2017Najib son of Razak must be really desperate for pulling his trump card at this hour in order to fish for ethnic-Chinese votes. If his speech on Budget 2018, to be presented later today, is revealed to be too good to be true, then a snap election is very, very near. His latest drama – […]
... written on Oct 27 2017Spain’s King Felipe VI has spoken – that Catalan leaders have broken the laws of the state. He called their behaviour “irresponsible”, “lack of loyalty”, “disrespect to the powers of the state”, and risking the country’s economic stability. But the king didn’t say what a king should say – about police brutality and the need for […]
... written on Oct 04 2017Six months ago, President Trump revealed his ambitious plan – a tax plan – to fulfil his presidential campaign promise on tax reform. His proposal will see the “biggest tax cut” in U.S. history – slashing corporate tax rate to 15% from 35%. That would make the U.S. a cheaper country than Singapore (17%) and Hong Kong […]
... written on Oct 02 2017Theresa May might be the British prime minister post-Brexit. But her heart and soul appear to be still with European Union even after Britons had voted to get out of the expensive club. After all, like her predecessor, her pro-EU stance was a public knowledge. And the last thing that she could do before the […]
... written on Sep 18 2017Lately, many have started to wonder and worry if they’ve saved up enough for retirement. This is understandable, as the cost of living in the U.S. has started to increase while earnings often remain the same. While you should most certainly make an effort to save up for retirement, know that it’s entirely possible to […]
... written on Aug 19 2017Throughout the first 10 months of fiscal 2017 (Oct 2016 to July 2017), the U.S. federal government collected record amounts of taxes – both individual income taxes and payroll taxes – to the tune of US$2.288 trillion. They collected US$1,312,691,000,000 in individual income taxes and US$976,278,000,000 in Social Security and other payroll taxes. However, […]
... written on Aug 16 2017
