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ExpatSingapore Message Board 27 May 2012, 8:49:17 am *
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Author Topic: 7% GST - ouch  (Read 7084 times)
well...
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« Reply #15 on: 14 November 2006, 13:59:00 pm »
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All the luxuries are already taxed in Singapore, that's why they're introducing a blanket tax. I don't see any wealth redistribution in this new move.
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ExpatSingapore Message Board
« Reply #15 on: 14 November 2006, 13:59:00 pm »
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peeps
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« Reply #16 on: 14 November 2006, 14:20:00 pm »
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Whaddaya mean 'introducing a blanket tax'?

GST has always been there, started out at 3%, currently 5%, being increased to 7% probably latter half of next year.

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yebut
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« Reply #17 on: 14 November 2006, 14:20:00 pm »
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Those who spend all of their disposable income (typically the less well off) will be worse off with increased GST than those who do not spend all of their disposable income (typically the wealthier)
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peeps
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« Reply #18 on: 14 November 2006, 14:22:00 pm »
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Like I sez to a friend of mine - it's a regressive tax to help those worst hit by regressive taxes.

Logic is lovely.

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amused
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« Reply #19 on: 14 November 2006, 14:26:00 pm »
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How dare you even suggest taxing the rich and corporates more! You'll lose investment this way! Leave them alone, keep salaries as low as possible and increase the GST! This is called helping the poor! Long live PAP!
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Dr. Phil
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« Reply #20 on: 14 November 2006, 15:17:00 pm »
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But seriously kids, why do you portray those who are more gifted and/or work harder and/or earn more than most in such a negative way?

Its as if you believe the more prosperous have in some way cheated the less prosperous or less well-off.

Isn't this an appeal to one of the most base feelings? Namely envy?

I agree that in any compassionate society the less well off people deserve help to the extent they are raised above an acceptable threshold.

If there is to be further assistance then it should be from a general tax even if it benefits only the poor; should we encourage the less well-off not to help themselves?

Some would argue that is patronising and condescending. It sends the wrong signals.

Apart from those born into wealth, we all have similar opportunities and a clever gifted person has better opportunities to propsper in Singapore than elsewhere.

Generally these peopel create jobs/wealth for many others directly or indirectly.

Some of you consider the less well-off  have a god-given right to assistance which is nice to know but not very constructive.
You are in for a rude awakening once you travel overseas.

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Unfair
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« Reply #21 on: 14 November 2006, 15:43:00 pm »
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Dr Phil I quote "Its as if you believe the more prosperous have in some way cheated the less prosperous or less well-off."

In Singapore they have. The "more prosperous" make sure there is an endless stream of immigrant workers from very poor countries who are willing to work for peanuts. They keep wages very low to the disadvantage of vast numbers of Singaporeans. All so that the wealthy can have their cheap maids, food, buildings, infrastructure, etc.   In a civilized society that would take the interests if all its citizens into consideration immigration would have been curtailed long ago, and Singapore would have had a reasonable mimimum wage of S$ 1,200 or so.  

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Wino
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« Reply #22 on: 14 November 2006, 16:09:00 pm »
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To help the poor, the government will be raising taxes to be paid by the poor? WTF?
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The Narcissist5
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« Reply #23 on: 14 November 2006, 16:12:00 pm »
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The poor be damned I guess
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true but
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« Reply #24 on: 14 November 2006, 16:21:00 pm »
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we need to raise more money so Temasak can continue to make more strategic investments.
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Dr. Phil
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« Reply #25 on: 14 November 2006, 18:11:00 pm »
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Unfair, immigrants have always represented cheap labour in countries where there is a manufacturing or agricultural industry (like USA used to be before manufacturing commenced its migration).

In countries in which manufacturing has expired and industry has become service-based, such as UK, they are also required because they are cheap and willing.

Ordinary every-day consumers are the silent beneficiaries.

One of Singapore's many attractions is its skilled and educated labour force and there isn't much chance of PRC immigrants competing against much more sophisticated locals since salaries in high-tech businesses with smaller skilled workforces is less critical.

And who in Singapore would claim poverty? Your CPF is quite unique.

Also I know many many ordinary familes who have maids. The words "how much"? are not exclusive to the "wealthy".

In Singapore immigration is managed intelligently and very carefully.

In UK we allow immigrants to flood into our country for a variety of reasons mostly political and to the detriment of social development and progress.

Because we have not managed immigration intelligently this causes many misunderstandings for example, we have given our newcomers the wrong impression, that we are willing to change our customs and traditions to accommodate them and a politically-correct lobby gives momentum to such madness.

Our responsibilities as a EU member nation are towards all Europeans which, like FTO's, is impossible to honour - hence we must prepare the groundwork for the dismantling of the welfare state, state pensions, national health service, free education etc.

We cant do it for all, so we wont do it for any and funding such programmes is an awful headache so this makes our Chancellor very very happy, as you can imagine.  

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Unfair
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« Reply #26 on: 14 November 2006, 18:19:00 pm »
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"One of Singapore's many attractions is its skilled and educated labour force"

....such as the aunties and uncles cleaning tables, driving taxis and collecting paper that I see in increasing numbers everywhere I go in Singapore?
It is shame for a country that is so rich to have 70-something and 80-something year olds on the streets every day to make a few $$.

I am not saying that other countries' immigration policies are perfect. I am only saying that vast numbers of Singaporeans are kept poor by the 30 or 40% well-offs here.      

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The Narcissist5
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« Reply #27 on: 14 November 2006, 18:35:00 pm »
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I agree with unfair.  

There is very little hope for the average singaporean to actually truly retire.

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I-totally-agree
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« Reply #28 on: 14 November 2006, 18:36:00 pm »
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I agree with "unfair".
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super elite MP
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« Reply #29 on: 14 November 2006, 18:58:00 pm »
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Stop whining and take ownership of your problems !
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