Income Gap Widening?
-
Wth our upsurging cost of living....hav eour income gap becoming widening also?
-
You mean gap between our world class ministers and us common man?
-
commoners too much liao...unless you are F4Originally posted by crispylips:You mean gap between our world class ministers and us common man?
-
It's no an simple task if no pain taking action being implemented. No man will offered to do that to himself unless ......(automatic..)
Democracy is like that...cannot blame people from getting rich..only can blame ourselve.. -
improve yourselves loh. dont blame gap what gap.
-
there are about 250 000 ppl with income less than $1000/mth.
on the otherhand there are more millionaires every year.
what do you think? -
The widening income gap is a consequence of changes to the tax structure, namely, lowering of income tax and (a few years ago) raising of sales tax. Income taxation is progressive whereas sales taxation is regressive. As such, the gap can easily be closed in the future should a need arise by further modifying these two taxes. Thus, the widening of the income gap is not a real physical problem, but an artefact of tax structures that can be overcome, if and should such a need arise.
-
Go for heavy personal income tax and foreigner talent tax..be the real robinhood is the only way to save fellows singaporean..need not to bullshit me..That is the only way. Fight onOriginally posted by deemweet:The widening income gap is a consequence of changes to the tax structure, namely, lowering of income tax and (a few years ago) raising of sales tax. Income taxation is progressive whereas sales taxation is regressive. As such, the gap can easily be closed in the future should a need arise by further modifying these two taxes. Thus, the widening of the income gap is not a real physical problem, but an artefact of tax structures that can be overcome, if and should such a need arise. -
Just make sure that the 250 000 ppl continue to sleep and they don't wake up...suddenly one day.Originally posted by reyes: -
force them not to eat the red pill?Originally posted by king108:Just make sure that the 250 000 ppl continue to sleep and they don't wake up...suddenly one day. -
Originally posted by king108:Go for heavy personal income tax and foreigner talent tax..be the real robinhood is the only way to save fellows singaporean..need not to bullshit me..That is the only way. Fight on
Sorry I was hot blooded earlier..lost of speech..Only go for heavy personal income tax will do. As for foreigner, we must alway welcome them provided they had establised themselves in their own country before coming here. Having a high education does not meant that he can work. Hence only provened in his country, we must open our door to them and welcome them.
We also required foreigner labour to serve us. A token service be given should be good for them.
$3.