- Joined
- Dec 14, 2009
- Messages
- 453
- Points
- 43
Half of Singaporeans earn so little they fa" below the SGD 20′000 annual taxable threshold-living on less than SGD 1667 monthly. Yet GST had rose to 9% hitting this Vulnerable group hardest. Despite government transfers reducing the Gini coefficient to 0.326′ inequality persists一the bottom decile averages only SGD 748 monthly.
Li San′ When you boasted that "50% don't pay income tax" you are unwittingly highghting a disturbing reality: half the Workforce earns too little to be taxed. This isn't success; it's a warning sign. The solution isn't celebrating tax
exemption but addressing why wages remain low While maintaining regressive consumption taxes. Real progress requires raising frontline wages and creating truly progressive taxation.