Reduce the income tax for the manufacturing industry from 35% to 15%. The manufacturing industry has a lot of disadvantages including prime materials, lack of workers and foreign competition. By reducing the income tax rate, I’m quite confident that the government income will remain the same or increase. Same will happen as when JM reduced the property rent tax to 15%. This will also help tax avoidance. As a director in a family run business who comunicate with a lot of people who own a buisness, everyone talks about this issue.
Do you like this page?