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OCT 7 — In the past couple of years, there has been a lot of talk on subsidy rationalisation i.e. the removal of subsidies for basic items like cooking oil, sugar, flour and petrol. The argument is that it subsidises the poor as well as the rich; it is unfair to provide subsidies for the rich, so we must eliminate the subsidies and let market ... Read more at http://www.themalaysianinsider.com/sideviews/article/tax-reliefs-hidden-subsidies-that-favour-the-rich-subramaniam-pillay/