You got a problem with Mr Gilbert?
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Chitchat Why start to raise GST from 2021?
- Thread starter dr.wailing
- Start date
did you read the last paragraph carefully?
:p
When there is an increase in GST rate, the cost of living will always be increased for everyone living here. The government will have an increased tax revenue by taking away spendable income from its people. This will make living harder unless the salary growth of the average person 'far outrun' that of the GST hike! I doubt it!:p
The prices of the 'ah soh shops' cannot be cheaper than that of the other shops charging GST (if cheaper, it is only the natural efficiency of the sundry shops; nothing to do with GST). The shops charging GST don't need to 'markup' their sales prices to pay for the GST; the tax could be offset exactly from the GST of their purchase invoices which could be claimed from the government. The 'ah soh shops' don't pay GST; neither could they claim any GST refunds.
Isn't there a misunderstanding about how GST works. No one can escape GST. This is the very reason why GST is a 'better' tax system.
When there is an increase in GST rate, the cost of living will always be increased for everyone living here. The government will have an increased tax revenue by taking away spendable income from its people. This will make living harder unless the salary growth of the average person 'far outrun' that of the GST hike! I doubt it!:p
The prices of the 'ah soh shops' cannot be cheaper than that of the other shops charging GST (if cheaper, it is only the natural efficiency of the sundry shops; nothing to do with GST). The shops charging GST don't need to 'markup' their sales prices to pay for the GST; the tax could be offset exactly from the GST of their purchase invoices which could be claimed from the government. The 'ah soh shops' don't pay GST; neither could they claim any GST refunds.
Gst is utterly destructive. Why the richest and not taxed the heaviest i will never get. How good a country is , veey simple. Hiw are the lowest treated? If they are paying the same taxes as the rich arseholes, then the country is fucked
Fuck your darling mr Gilbert. Song boh?
:p
GST, when properly implemented, is one of the best general taxation mechanism. You can escape GST tax only through dying!:p In many silly countries, taxation may be a joke as the rich can bribe officials getting the lowest tax. So the rich gets richer and the poor - together with the whole country - gets poorer.
I know we always complain about the PAP. Lee Hsien Loong is not the Son Of God!
He cannot bring the Heavenly Kingdom down for you. He runs you around running your CPF and taxing the poor through GST - the 'God-Sent-Taxation' mechanism. The poor is forced to work and labor hard just to live - Lee Hsien Loong is like your good Kung Fu master who beats you into shape!
Just look at Laos. The government sell their rivers to the Chinese who build hydroelectric dams and sent all the electric power back to China. You want the like of Laos politicians to run you down!:oops: Lee Hsien Loong and the PAP has been sent down to you through the 'Will of Heaven' to give your Great Good Fortune!
Huat Ah!:p
Note: I was wondering all the while why people here keeps using "Huat Ah" - what does it mean? Only a few days ago (2nd / 3rd day CNY) I got the clue (I am Cantonese). I was at the market and a man - Hokkien - was greeting a group of friends around a coffee shop table and I overheard "Huat Ah" - that solved the mystery!
GST is only a tax mechanism. It is neither good nor evil. We invented the sword which cuts both ways. There is no way to run a country without tax, but the problem of tax is as old as the history of kings who needed money.
GST, when properly implemented, is one of the best general taxation mechanism. You can escape GST tax only through dying!:p In many silly countries, taxation may be a joke as the rich can bribe officials getting the lowest tax. So the rich gets richer and the poor - together with the whole country - gets poorer.
I know we always complain about the PAP. Lee Hsien Loong is not the Son Of God!
He cannot bring the Heavenly Kingdom down for you. He runs you around running your CPF and taxing the poor through GST - the 'God-Sent-Taxation' mechanism. The poor is forced to work and labor hard just to live - Lee Hsien Loong is like your good Kung Fu master who beats you into shape!Just look at Laos. The government sell their rivers to the Chinese who build hydroelectric dams and sent all the electric power back to China. You want the like of Laos politicians to run you down!:oops: Lee Hsien Loong and the PAP has been sent down to you through the 'Will of Heaven' to give your Great Good Fortune!
Huat Ah!:p
Note: I was wondering all the while why people here keeps using "Huat Ah" - what does it mean? Only a few days ago (2nd / 3rd day CNY) I got the clue (I am Cantonese). I was at the market and a man - Hokkien - was greeting a group of friends around a coffee shop table and I overheard "Huat Ah" - that solved the mystery!
When you are making $9.6B surplus and claim that there is not enough money for government spending and so, you have to raise GST tomorrow, you must be out of your mind.
But not when you are telling people that I have to increase expenditure by 2 to 3 fold in the next 3 years because of social spending, infrastructure , security ( it is all for you, friends ) you can justify to say that I have to do what is necessary to bring more tax revenues to fund the expenditures.
But not when you are telling people that I have to increase expenditure by 2 to 3 fold in the next 3 years because of social spending, infrastructure , security ( it is all for you, friends ) you can justify to say that I have to do what is necessary to bring more tax revenues to fund the expenditures.
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Swee! Steady! KPI achieved! Big Bonus! Can increase salary? HUAT AH!
No, it can be done, i.e., salary growth of the average person "far outruns" that of the GST hike. It depends on whether the natural aristocrats and bureaucrats have the requisite knowledge, the skill and the balls to pull it off.
I know we always complain about the PAP. Lee Hsien Loong is not the Son Of God!
.......Lee Hsien Loong and the PAP has been sent down to you through the 'Will of Heaven' to give your Great Good Fortune!
I like your sarcasm :p
In actual fact the 69% of PAP suckers will accept anything Chief Natural Aristocrat dishes out as reasons for increases in GST. Do you think they will oppose if Pinky says he wishes to spend 1 billion Singapore dollars on building a mausoleum in honor of Old Fart, the one and only Founding Father who single-handedly transformed a sleepy fishing village that was Singapore into a bustling metropolis it is today?
can escape. just don’t buy stuff in sg. retail in sg should collapse, but makan will still thrive.
Do you only look for toilet paper when you pung sai? Collecting more money and have strong reserves is a happy problem.
kpkb here and still PAP screw you. This is the mentality of old farts, especially those diaper wearing ones. Useless and a total failure. Nothing concrete is done to turn around the situation and losers here posting about how sore they are.
I know of a Ling and Yang who will violently oppose and that is good enough to stop Pinky in his tracks .
Yes! Ample time to save up on the $300 Ang Bao with interest and pay back in 5 years time.
The richest are taxed the heaviest because not only are they in a higher income tax bracket they also consume far more than the poor.
You can check out the figures and you'll find that in many developed countries the top 1% earners contribute between 30% to 50% of the total tax take. Singapore is no different.
https://taxfoundation.org/top-1-percent-pays-more-taxes-bottom-90-percent
https://www.cnsnews.com/commentary/...nd-top-10-percent-pay-533-percent-all-federal
http://www.dailymail.co.uk/news/art...-pay-2020-rise-personal-allowance-12-500.html
You forget to mention the uniquely sinkieland exemptions. And do they pay as much taX as a premier league footballer? I dont think so.
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