Jamus Lim Advocates for Wealth Tax to Tackle Income Inequality

Singapore — Workers’ Party MP Jamus Lim (Sengkang GRC) proposed a wealth tax of between 0.5 per cent and 2 per cent in a motion in Parliament on Monday (Nov 1). This would be imposed upon individuals whose net wealth is in excess of $10 million and above. The MP, an Associate Professor in economics … Continue reading Jamus Lim Advocates for Wealth Tax to Tackle Income Inequality