from the current 28%, and it is coming at no surprise that i hope that congress will implement the united states part of the global minimum tax deal. on this spending side, we suggested additional investments to boost our long-term growth potential which includes the improving the availability of child care, providing free and universal preschool and boosting the supply of affordable housing, and we are looking at proposed earned tax income and child tax credit incomes which have sense expired. in addition to the proposed tax income reforms we propose this is going to deliver a tax reduction of nearly $3 trillion over the next ten years. thank you.
KUALA LUMPUR: The two-percentage point cut in personal income tax under Budget 2023 will have a positive impact as it will increase the beneficiaries’ disposable income, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
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