I'm proposing to reduce the tax rate to 7% for MNCs

It's even lower in some cases, with a 0% rate applied to certain partners

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I oppose the 30% rates introduced by the AKD JVP gov't

I find that level excessive, it damages the economy to overtax, because people struggle to invest as businesses

The taxes are a mandatory cost of doing business which people must plan for, so we want it to be as low as possible

The idea that banks or financial firms

And everyone

is treated the same

Or required to pay 30% feels unfair

Not all companies are the same

Some firms are doing work that has a positive social impact

Taxing them at 30% could reduce their ability to carry out that work

I find the Anura administration's approach to be restrictive

Many large firms rely on net income to service debts

They may struggle to meet principal loan repayments under current conditions

California, USA Written, published, and designed in California, USA