Budget 2016 - The Middle Income trap

While many tax experts have lauded the government for maintaining its fiscal consolidation plan, there is no doubt who is paying for the budget. From a consumer perspective, the higher and middle income groups are obviously funding a huge chunk of expenditure for next year. Today we discuss the budget from the perspective of the middle income demographic, against the rising cost of living. This is a reported by Nadiah abdul AzizSee omnystudio.com/listener for privacy information.