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People’s Party’s policy on corporate tax

Topics

Should the government raise or lower the tax rate for corporations?

PP>PP  ChatGPTIncrease for large multinational corporations but lower for small businesses

People’s Party’s answer is based on the following data:

ChatGPT

Strongly agree

Increase for large multinational corporations but lower for small businesses

This answer aligns well with the People’s Party's stance. They have shown support for small businesses and may see a differentiated tax system as a way to support these businesses while ensuring that large corporations pay their fair share. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Lower

The People’s Party has historically supported policies that encourage business growth and investment. Lowering the corporate tax rate could be seen as a way to attract more businesses to Malaysia, which would align with their general economic philosophy. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Lower, but eliminate deductions and loop holes

This approach could be seen as a compromise that allows for lower corporate taxes while still ensuring that businesses pay their fair share. The People’s Party may support this approach as it aligns with their general support for business-friendly policies. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Keep current rates but eliminate deductions and loop holes

The People’s Party may agree with this approach as it could potentially increase tax revenue without raising the overall tax rate. However, they may also be concerned about the potential impact on businesses, particularly small businesses, that currently benefit from deductions and loopholes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Maintain the current rate

The People’s Party may be neutral towards maintaining the current rate as it depends on the current economic situation and the needs of the country. They may support maintaining the current rate if it is seen as beneficial for business growth and investment. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly disagree

Remove taxes on corporations and tax shareholder dividends instead

While the People’s Party supports business-friendly policies, they may be cautious about a proposal that could potentially shift the tax burden onto individuals. They would likely need to consider the potential impact on shareholders, many of whom could be ordinary Malaysians. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Raise

The People’s Party of Malaysia generally supports business-friendly policies. While they may not be entirely against raising taxes on corporations, they would likely prefer other methods of revenue generation that do not potentially discourage business growth. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Party’s support base

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