Tax cut aim to pull businesses back to USA, mainly those MNC who shifted so call Global HQ to SG53 to dodge USA TAX.
PAp used them to generate FALSE GDP for SG53 to inflate their own ministers salaries tag to FALSE GDP.
Typical MNC R n D in Japan or USA and production in PRC and sold in USA again. When their books takes profits under SG53 tax free, inflates SG53 GDP figure without giving SG53 peasants much jobs nor business nor tax dollars, just EMPTY TRADE FIGURES.
How the MNC will do this with SG53 is PAP granted them TAX FREE CONCESSION aka Tax Evasion Gateway.
Now Ang Moh Trump will do the same to steal the False GDP figure from LHL so that he can claim Economically MAKE AMERICA GREAT AGAIN!
LHL will have to suck thumb when MNC HQs close in SG53 and fled to Ang Moh Trump. Good bye FALSE GDP numbers and CRASHED SGX and SGD and CPF values and HDB home values.
PAp used them to generate FALSE GDP for SG53 to inflate their own ministers salaries tag to FALSE GDP.
Typical MNC R n D in Japan or USA and production in PRC and sold in USA again. When their books takes profits under SG53 tax free, inflates SG53 GDP figure without giving SG53 peasants much jobs nor business nor tax dollars, just EMPTY TRADE FIGURES.
How the MNC will do this with SG53 is PAP granted them TAX FREE CONCESSION aka Tax Evasion Gateway.
Now Ang Moh Trump will do the same to steal the False GDP figure from LHL so that he can claim Economically MAKE AMERICA GREAT AGAIN!
LHL will have to suck thumb when MNC HQs close in SG53 and fled to Ang Moh Trump. Good bye FALSE GDP numbers and CRASHED SGX and SGD and CPF values and HDB home values.