Giving only Langkawi tax autonomy a bad precedent, says economist
Carmelo Ferlito says other states will make similar demands, and Malaysia could end up becoming 'a patchwork of exceptions'.
Economist Carmelo Ferlito has criticized an MP's proposal to grant the Malaysian island of Langkawi tax autonomy. Ferlito argues that giving Langkawi special tax authority would set a dangerous precedent, leading to similar demands from other areas and ultimately creating a patchwork of exceptions. Instead, Ferlito believes Malaysia should implement a general fiscal reform that spreads revenue and expenditure management to state and local levels, allowing only major national functions to remain under federal control.
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- Giving only Langkawi tax autonomy a bad precedent, says economist freemalaysiatoday.com
