Lawrence Wong : GST increase to invest in our people

How to make money in Singapore?
You play with GST.

If your business is below $1m revenue and profitable, you adjust your GST declaration when importing.
Import $10000 value, you declare $12000. You pretend to pay a bit more GST (can claim back for businesses) and reduce your taxable profits.

If you business has cashflow issues, you just churn (buy-sell, sell-buy, buy-sell, sell-buy) your sales, you can claim a bit extra GST from IRAS, more helpful with 9% GST in future and revenue stays below $2m, you will be off IRAS's radar screens. Then use the expanded revenues and take more bank loans to ease your cashflow issues.

If you have illegitimate incomes, you start a GST business. Just pay GST to whitewash your incomes. Nobody can touch you because you paid protection money to Lawrence.

As long as your numbers stay low, you will not be flagged.
 
Thanks to GST, sinkies will have the best healthcare possible. Bro Lawrence's mother taught him well.


Who give a fuck on what your mother teach you? Did you mother teach you to resign to save your family grace and not insulting the intelligence of human beings?
 
KNN similar to Swiss standard of living..................................... for us. KNN :sneaky::eek::biggrin:
Tenasek foundation using our money and giving shit away to other countries.

then we have MFA for fuck? might as well shut down MFA and let Tenasek foundation take over foreign affairs.
 
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Who give a fuck on what your mother teach you? Did you mother teach you to resign to save your family grace and not insulting the intelligence of human beings?

To have to involve his mother on the GST issue is quite pathetic for a govt minister.
Ah well, they don't have any real valid reasons and invoking LKY is not quite powderful now.
 
Tenasek foundation using our money and giving shit away to other countries.

then we have MFA for fuck? might as well shut down MFA and let Tenasek foundation take over foreign affairs.
One is the wayang public face of foreign affairs. The other is the shadow government actually in charge of foreign affairs....:biggrin:
 
Tenasek foundation using our money and giving shit away to other countries.

then we have MFA for fuck? might as well shut down MFA and let Tenasek foundation take over foreign affairs.

Temasek is now a bitch of BlackRock. The entire country (corporation) has been sold out to Larry Fink. Wake up Sinkies. :cool:
 
With a 9% GST in Singapore, dining in restaurants will incur 19% surcharge (10% service charge + 9% GST). Middle-income will think thrice before entering a restaurant.

Then Singaporeans will just buy more things in money in Johor when Malaysia reopens borders in March.

After surviving COVID-19, the remaining retailers get pawned by lawrence.
 
It’s been 5.5 months since I left and the malicious dogs cottonmouth aka glockman aka Jeremy Quek as per hint by jw5 (and sweetiepie etc) are allowed by Leongsam to smear and insult me slut whore mistress with no consequence. I have to inform Leongsam to delete the posts and sometimes to no avail and i am sick of it. So Leongsam did not follow his deal to get his moderators to remove posts speaking ill of me so here I am carrying out my vow to spam the forum if cottonmouth is allowed to spam in my threads without consequence - which cottonmouth obviously did and was allowed - and he has been allowed in this 5.5 months no need follow his agreement to stop insulting me and continued to smear and insult me whore just yesterday and insulted me have std one day before that and everyday with no consequence.

Another thing to highlight is I realised after I left forum that @strawberry = @kaninabuchaojibye and I already know @nightsafari = @kaninabuchaojibye i.e despicable nightsafari is the strawberry that started the thread Who is Ginfreely sugar daddy and then keep upping it on the pretext of asking about strawberry. No wonder so pretentious always pretending to like my Hokkien threads while stabbing me non stop.
 
Temasek is now a bitch of BlackRock. The entire country (corporation) has been sold out to Larry Fink. Wake up Sinkies. :cool:
They got tired of always buying high and selling low and being criticized for it. So now they've gone and given the job to Blackrock to buy high and sell low so that they can pass the blame to them.

Let's put it this way. Blackrock makes money from advisory fees. 78% of their revenue to be exact. On the other hand, only 7% comes from investment performance fees. The people I can be bothered to talk to mainly make it from performance. Not advisory or other clerical fees. If this doesn't tell you what a scam it is, I don't know.
 
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