After Covid-19 spike at Top Glove, Syed Saddiq revives call for windfall tax

After Covid-19 spike at Top Glove, Syed Saddiq revives call for windfall tax - Hello loyal readers FeedGoogle, In the article you are reading this time with the title After Covid-19 spike at Top Glove, Syed Saddiq revives call for windfall tax, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

Following the spike in Covid-19 cases among Top Glove workers, Muar MP Syed Saddiq Syed Abdul Rahman has reiterated his call for the government to impose a windfall tax on the company.He accused the glove maker of repeatedly failing to protect its workers’ welfare despite making “supernormal” profits due to the pandemic.“(Today) 1,067 of its workers tested positive for Covid-19. The Teratai cluster was reported since Nov 9, but their factories were not closed. This is why I have no sympathy for big companies.“They have reaped huge profits, neglected workers’ welfare, and practice forced labour. As Covid-19 spreads in Malaysia, they reaped supernormal profits with a market capitalisation as high as RM77.59 billion as of Oct 15.“This is why I asked for them to pay a tax for their supernormal profits, which is a windfall tax,” he said in a statement on Facebook today.The Teratai …