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Thread: To cancel the stamp tax???
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[quote=MARRIE,273376]‘’it is a good way of keeping a broad base to raising tax.’’ I agree with paul. Tax base should be expanded to dividends tax, property tax, goods/sales tax. For those speculators in stock mkt, progressive stamps tax rates should be put in place. Rates should vary with trade volumes, i.e., excessive volumes after one level of threshold will be taxed at next higher level of threshold. I heard stamps had been lowered for more liquidity since several listed co announced issuing bonds [/quote]
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