First Million you make in Sgp goes to Gov; leaks to cronies

• AndrewPKYap

  26 Feb 07, 12:31

  True or False?
  
  Leaks in legal ways to boot.
  
  Discuss.
• Ito_^

  26 Feb 07, 12:32

  not surprised.
• ditzy

  26 Feb 07, 12:33

  Is the $10million toto hong bao prize taxable?
• foomwee88

  26 Feb 07, 12:35

  Originally posted by ditzy:

  Is the $10million toto hong bao prize taxable?

  Sg gov takes 80% remaining is yr!!!!sillyporeans!!!
• AndrewPKYap

  26 Feb 07, 12:36

  Originally posted by Ito_^:

  not surprised.

  Even if you don't do any serious calculations... it already looks like it right?
• foomwee88

  26 Feb 07, 12:38

  Originally posted by AndrewPKYap:

  True or False?
  
  Leaks in legal ways to boot.
  
  Discuss.

  Of course lah!!!
  
  they pay 2-4% interest w/o dividend for CPF $!!!
  
  if I invested S$50k per yr for 30 yrs ,my first S$1 million oreli in SG pocket!!!!
  
  Who dont know how to count!!!!
  
  Sillyporeans~!~~~
• AndrewPKYap

  26 Feb 07, 12:39

  Originally posted by ditzy:

  Is the $10million toto hong bao prize taxable?

  If you buy a few dollars of TOTO a month and you hit the jackpot, you can call yourself a winner. If you play $100K a month, win also useless... you had already lost the same amount as the Jackpot or will lose it back and more... always remember that.
  
  If you gamble at the CASINO, winning it pointless! see my signature below.
• foomwee88

  26 Feb 07, 12:43

  Originally posted by AndrewPKYap:

  If you buy a few dollars of TOTO a month and you hit the jackpot, you can call yourself a winner. If you play $100K a month, win also useless... you had already lost the same amount as the Jackpot or will lose it back and more... always remember that.
  
  If you gamble at the CASINO, winning it pointless! see my signature below.

  In Hokkien,there is a saying not scare u win just want u 2 come back !!!!
• AndrewPKYap

  26 Feb 07, 12:45

  Originally posted by foomwee88:

  In Hokkien,there is a saying not scare u win just want u 2 come back !!!!

  I see you are an old bird!
• foomwee88

  26 Feb 07, 12:47

  Originally posted by AndrewPKYap:

  I see you are an old bird!

  Going 2 be grand father this yr!!!!
• AndrewPKYap

  26 Feb 07, 12:48

  Originally posted by foomwee88:

  Going 2 be grand father this yr!!!!

  I wish you all the best and Health to the mother and child
• foomwee88

  26 Feb 07, 12:51

  Originally posted by AndrewPKYap:

  I wish you all the best and Health to the mother and child

  Thk u!!!!
  
  I m wishing u all the best in Sinkapore!!!1
• AndrewPKYap

  26 Feb 07, 12:53

  Originally posted by foomwee88:

  Of course lah!!!
  
  they pay 2-4% interest w/o dividend for CPF $!!!
  
  if I invested S$50k per yr for 30 yrs ,my first S$1 million oreli in SG pocket!!!!
  
  Who dont know how to count!!!!
  
  Sillyporeans~!~~~

  They make you indebted. They lease you the house and lease you the cars at exorbitant prices and calculated the maximum to take from you for your medical needs... hahaha maybe 1 million also not enough to pay them...
• foomwee88

  26 Feb 07, 12:56

  
  It is strange 2 c my parents come from China via TW then Spore!!!
  
  Now,we hve to go back TW vis Spore n c the third G return from Sinkapore via TW 2 China in 10 yrs time!!!
• foomwee88

  26 Feb 07, 13:06

  
  
  But I c these dogs cant survive in China,perhaps they will a maid to PRC nationals in 10 yrs time!!!
  
  Very poor quality really!!!!
  
  I hope there will be still a Sinkapore in this world with this bunch of dogs!!!in 10 yrs time!!!
  
  may God bless Singapore!!!!1
• lionnoisy

  26 Feb 07, 21:42

  Originally posted by AndrewPKYap:
  
  First Million you make in Sgp goes to Gov; leaks to cronies

  True or False?
  
  Leaks in legal ways to boot.
  
  Discuss.

  2.If not PAP,u cant make SGD 1 m.But without, u will make million of
  dollars.Why ,the SGD will drop like a rock!!
  
  Check how SGD APPRECIATE from 1965 to date.
  
  Check how our neighbours' currency performed in the same period!!
  
  
  S$ Per
  
  year..US...Pound Sterling..100 Japanese Yen .Australian
  
  1984 2.1780 2.5363 0.8674 180.26
  1985 2.1050 3.0312 1.0508 143.36
  1986 2.1750 3.1972 1.3583 144.63
  1987 1.9985 3.7432 1.6324 144.32
  1988 1.9462 3.4929 1.5464 166.45
  1989 1.8944 3.0467 1.3220 150.21
  1990 1.7445 3.3451 1.2913 134.81
  1991 1.6305 3.0454 1.3018 123.81
  1992 1.6449 2.4867 1.3198 113.12
  1993 1.6080 2.3802 1.4364 108.85
  1994 1.4607 2.2782 1.4628 113.41
  1995 1.4143 2.1884 1.3744 105.40
  1996 1.3998 2.3670 1.2046 111.50
  1997 1.6755 2.7771 1.2893 109.35
  1998 1.6605 2.7666 1.4484 101.90
  1999 1.6660 2.6914 1.6272 108.96
  2000 1.7315 2.5818 1.5091 96.05
  2001 1.8510 2.6880 1.4105 94.45
  2002 1.7365 2.7839 1.4632 98.20
  2003 1.7008 3.0294 1.5909 127.60
  2004 1.6338 3.1455 1.5916 127.23
  2005 1.6642 2.8717 1.4189 122.07
  2006 1.5336 3.0102 1.2887 121.32
  
  * Yearly, monthy and weekly figures are end period values.
  * Daily figures are values as of noon.
  
  https://secure.mas.gov.sg/frames/dataroom/msbhExchange.html...Exchange Rates,(Yearly)1984 to 2007
• AndrewPKYap

  27 Feb 07, 07:47

  Originally posted by lionnoisy:

  2.If not PAP,u cant make SGD 1 m.But without, u will make million of
  dollars.Why ,the SGD will drop like a rock!!
  
  Check how SGD APPRECIATE from 1965 to date.
  
  Check how our neighbours' currency performed in the same period!!
  
  
  S$ Per
  
  year..US...Pound Sterling..100 Japanese Yen .Australian
  
  1984 2.1780 2.5363 0.8674 180.26
  1985 2.1050 3.0312 1.0508 143.36
  1986 2.1750 3.1972 1.3583 144.63
  1987 1.9985 3.7432 1.6324 144.32
  1988 1.9462 3.4929 1.5464 166.45
  1989 1.8944 3.0467 1.3220 150.21
  1990 1.7445 3.3451 1.2913 134.81
  1991 1.6305 3.0454 1.3018 123.81
  1992 1.6449 2.4867 1.3198 113.12
  1993 1.6080 2.3802 1.4364 108.85
  1994 1.4607 2.2782 1.4628 113.41
  1995 1.4143 2.1884 1.3744 105.40
  1996 1.3998 2.3670 1.2046 111.50
  1997 1.6755 2.7771 1.2893 109.35
  1998 1.6605 2.7666 1.4484 101.90
  1999 1.6660 2.6914 1.6272 108.96
  2000 1.7315 2.5818 1.5091 96.05
  2001 1.8510 2.6880 1.4105 94.45
  2002 1.7365 2.7839 1.4632 98.20
  2003 1.7008 3.0294 1.5909 127.60
  2004 1.6338 3.1455 1.5916 127.23
  2005 1.6642 2.8717 1.4189 122.07
  2006 1.5336 3.0102 1.2887 121.32
  
  * Yearly, monthy and weekly figures are end period values.
  * Daily figures are values as of noon.
  
  https://secure.mas.gov.sg/frames/dataroom/msbhExchange.html...Exchange Rates,(Yearly)1984 to 2007

  YES your figures are true and correct except for one thing... the benefits that comes form this are awarded to themselves and cronies and the bad side effects, the majority swallows.