By Dr. Ong Kian Ming BSc (LSE), MPhil (Cantab), PhD (Duke) Teh Chi-Chang, CFA, BSc (Warwick), MBA (Cantab) Refsa The ETP will be bad for wage-earners. Workers’ share of national income under the ETP will be just 21%, compared to 28% currently. Wage-earners’ losses will be corporate gains. The corporate share of ETP income will [...]
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