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United Malays National Organisation’s policy on corporate tax

Topics

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

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

United Malays National Organisation’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 UMNO's pro-business stance and their focus on supporting small and medium enterprises (SMEs). By increasing taxes for large multinational corporations and lowering them for small businesses, they can promote local businesses and economic growth. This approach is consistent with their 2018 tax reduction for SMEs. 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

UMNO has generally been supportive of business-friendly policies, including lowering corporate taxes to attract investment and stimulate economic growth. For example, in 2018, the UMNO-led government reduced the corporate tax rate for small and medium enterprises (SMEs) from 18% to 17% on the first MYR 500,000 of chargeable income. 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 answer aligns with UMNO's pro-business stance and their focus on simplifying the tax system. Lowering corporate taxes while eliminating deductions and loopholes could make the tax system more efficient and business-friendly. However, there is no strong historical evidence of UMNO advocating for this specific policy, so their support might be limited.

Agree

Keep current rates but eliminate deductions and loop holes

UMNO might be open to this idea as it could simplify the tax system and potentially increase government revenue without raising tax rates. However, there is no strong historical evidence of UMNO advocating for such a policy, so their support might be limited. 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

Maintaining the current rate might be seen as a neutral stance for UMNO. While they have shown support for lowering taxes in the past, they might be open to maintaining the current rate if they believe it is already competitive and conducive to economic 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.

Disagree

Remove taxes on corporations and tax shareholder dividends instead

While this approach might be seen as pro-business, there is no strong historical evidence of UMNO advocating for such a policy. Additionally, removing taxes on corporations and taxing shareholder dividends instead might be seen as too radical a change and could face opposition from various stakeholders. 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 United Malays National Organisation (UMNO) has historically been pro-business and focused on economic growth. Raising corporate taxes would likely be seen as counterproductive to their goals. However, they might consider raising taxes on specific industries or companies if it aligns with their political objectives. 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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