To make an equitable comparison, you should add Singapore's superannuation, which is the CPF to the Income Tax revenue.Originally posted by Gazelle:Some forumers here have been talking about the free education and medical care in Australia without highlighting the income tax they are paying.
Hence I have taken the initiative to look into Australia's government income tax revenue, and their expense budget for the health and education ministry and below are some of the finding. (Note : AUD-S$ : 1.25)
Australia
Population : 20m
Income Tax Revenue : S$158.6 billion / yr (including superannuation and fringe benefit tax)
Total Tax / Capita : S$ 7,928 / yr
Singapore
Population : 4.5m
Income Tax Revenue : S$13.5 billion
Income Tax / Capita : S$3,000 / yr
Difference
S$4,928 per year per capita.
Assuming 44 years of working life (21-65 retirement age) total : S$216,832 per capital
Here are a list of key benefits Australians gain: -
Australia Annual School Education Budget : S$11.6 billion per year or S$580, per capita
Australia Annual Health Care Budget : S$850m per year or S$42.5 per capita
Australia Annual Unemployment Budget : S$633.7m per year or S$31.70 per capita
Free health care and education? Is it a myth or facts?
Source : http://www.dest.gov.au/portfolio_department/dest_information/publications_resources/resources/budget_information/2006/at_a_glance.htm#School_Education
http://www.health.gov.au/internet/budget/publishing.nsf/Content/budget2006-glance.htm
http://www.budget.gov.au/2006-07/myefo/html/03_part_3-04.htm

Originally posted by maurizio13:The superannuation in this context is the tax revenue the government gain from taxing the superannuation fund drawn by the people, not the fund that goes into Superannuation fund.
Do you have any idea what is [b]superannuation?
It's Australia's equivalent of CPF contributions.[/b]
Are you talking about yourself?Originally posted by maurizio13:Misleading the general public with misinformation again???
What Does It Look Like?Originally posted by Gazelle:The superannuation in this context is the tax revenue the government gain from taxing the superannuation fund drawn by the people, not the fund that goes into Superannuation fund.
Taxing the superannuation funds? You mean Singapore government tax your CPF account? Or, do you mean when you take out funds from your CPF, the government tax you on it?Originally posted by Gazelle:The superannuation in this context is the tax revenue the government gain from taxing the superannuation fund drawn by the people, not the fund that goes into Superannuation fund.
M13, please read carefully before commenting, in the buget statement which I have provide, it clearly that that that is REVENUE from Superannuation taxation. You understand the meaning of Revenue and Taxation?Originally posted by maurizio13:Taxing the superannuation funds? You mean Singapore government tax your CPF account? Or, do you mean when you take out funds from your CPF, the government tax you on it?
CPF funds or any superannuation funds withdrawn are not subject to taxes, because it is not income, it is savings.
Support your arguments with verifiable facts, not with your own statements, as it does not provide any level of credible support.
Superannuation according to the Australian Taxation Office
Singapore's system of CPF is different from other countries, where it is considered a tax, it is often called Payroll Tax.
There are 2 portions to the Superannuation, one portion is the fund and the other is a tax portion, both are contributed to the Australian Tax Office. It's not fair for me to comment on it, because I do not know their system.Originally posted by Gazelle:
Obviously you have difficulty reading, there are 2 portions to the superannuation, one portion being the superannuation taxation, the other portion being the superannuation tax.Originally posted by Gazelle:M13, please read carefully before commenting, in the buget statement which I have provide, it clearly that that that is REVENUE from Superannuation taxation. You understand the meaning of Revenue and Taxation?
http://www.budget.gov.au/2006-07/myefo/html/03_part_3-03.htm
http://www.seniors.gov.au/internet/seniors/publishing.nsf/Content/Taxation+of+superannuation+benefits
You included superannuation (tax and contribution) into the calculation, therefore it's only fair you include Singapore's CPF contribution to the calculation too.Originally posted by Gazelle:M13, please read carefully before commenting, in the buget statement which I have provide, it clearly that that that is REVENUE from Superannuation taxation. You understand the meaning of Revenue and Taxation?
http://www.budget.gov.au/2006-07/myefo/html/03_part_3-03.htm
http://www.seniors.gov.au/internet/seniors/publishing.nsf/Content/Taxation+of+superannuation+benefits
Originally posted by maurizio13:Per capita is a Latin phrase meaning for each head.
[b]Capital:
1. the city or town that is the official seat of government in a country, state, etc.: Tokyo is the capital of Japan.
2. a city regarded as being of special eminence in some field of activity: New York is the dance capital of the world.
3. capital letter.
4. the wealth, whether in money or property, owned or employed in business by an individual, firm, corporation, etc.
5. an accumulated stock of such wealth.
6. any form of wealth employed or capable of being employed in the production of more wealth.
7. Accounting. a. assets remaining after deduction of liabilities; the net worth of a business.
b. the ownership interest in a business.
8. any source of profit, advantage, power, etc.; asset: His indefatigable drive is his greatest capital.
9. capitalists as a group or class (distinguished from labor): High taxation has reduced the spending power of capital.
–adjective 10. pertaining to financial capital: capital stock.
11. principal; highly important: This guide offers suggestions of capital interest to travelers.
12. chief, esp. as being the official seat of government of a country, state, etc.: the capital city of France.
13. excellent or first-rate: a capital hotel; a capital fellow.
14. capital letter.
15. involving the loss of life: capital punishment.
16. punishable by death: a capital crime; a capital offender.
17. fatal; extremely serious: a capital error.
Hehehe
Which capital are you referring to?[/b]
Originally posted by Darkness_hacker99:Tell it to the genius TS. He used "capital" in his initial post.
[b]Per capita is a Latin phrase meaning for each head.[/b]
That's a honest mistake I guess.Originally posted by maurizio13:Tell it to the genius TS. He used "capital" in his initial post.![]()
As per your request, I have excluded the super fund which you claim shouldnt be included. And still, it doesnt change anything in terms of the tax vs benefit. There is still a surplus of S$3810 per capital after deducting the 3 benefits which I listed.Originally posted by maurizio13:You included superannuation (tax and contribution) into the calculation, therefore it's only fair you include Singapore's CPF contribution to the calculation too.
Are you trying to exclude some figures to your calculation, so that you can achieve a more "favourable" figure to facilitate your argument. Are you manipulating the figures to trick the public?
Your analysis does not provide any justification, because the system is totally different and if given the choice I would still choose Australia over Singapore.
Originally posted by Gazelle:As per your request, I have excluded the super fund which you claim shouldnt be included. And still, it doesnt change anything in terms of the tax vs benefit. There is still a surplus of S$3810 per capital after deducting the 3 benefits which I listed.
Australia
Population : 20m
Income Tax Revenue : S$149.3 billion / yr (including superannuation tax and fringe benefit tax)
Total Tax / Capita : S$ 7,465 / yr
Singapore
Population : 4.5m
Income Tax Revenue : S$13.5 billion
Income Tax / Capita : S$3,000 / yr
I believe you must have missed out the source of information for the above two countries. Kindly quote the sources. (It would be helpful if you can point out how exactly you have derived at the figures.)
a) On average, Australians are paying S$4,465 more tax per year as compared to Singaporeans (assuming an average working life of 44 years, they will be paying about S$196,460 more tax than Singaporeans)
Here are a list of key benefits Australians gain: -
b) Annual School Education Budget : S$11.6 billion per year or S$580, per capita
c) Annual Health Care Budget : S$850m per year or S$42.5 per capita
d) Annual Unemployment Budget : S$633.7m per year or S$31.70 per
capita
Total (b + c + d ) : S$654.20 per capita
I do not mean to nitpick but I have noticed two fundamental errors in the way b), c) and d) were presented.
1) Are you sure they are annual budgets? Or only for that particular fiscal year? It should be the latter. A budget varies from year to year.
2) Since you present the tax per capita of Australia and Singapore, woud not it be beneficial for foumites to compare the tax/benefits ratio of Singapore and Australia to see which country is better?
Showing a bit part portion of Australia's social, health and education benefits only paints a minute part of the picture.
If Singapore's one is better, then it will shut many forumites up as you would like to.
Free health care and education? Is it a myth or facts?
Who said such things are free? Quote the source and let the relevant people defend themselves.
The whole notion of this drivel reminds me of a stark picture I had pointed out to another delusional imbecile here. The only difference being the case I'd scrutinised is the UK's rather than Australia's - and that is obviously a system I'm far more familiar with(having lived and worked in the UK) than the imbecile who tried outfoxing me by googling nonsensical trash.Originally posted by Gazelle:As per your request, I have excluded the super fund which you claim shouldnt be included. And still, it doesnt change anything in terms of the tax vs benefit. There is still a surplus of S$3810 per capital after deducting the 3 benefits which I listed.
Australia
Population : 20m
Income Tax Revenue : S$149.3 billion / yr (including superannuation tax and fringe benefit tax)
Total Tax / Capita : S$ 7,465 / yr
Singapore
Population : 4.5m
Income Tax Revenue : S$13.5 billion
Income Tax / Capita : S$3,000 / yr
a) On average, Australians are paying S$4,465 more tax per year as compared to Singaporeans (assuming an average working life of 44 years, they will be paying about S$196,460 more tax than Singaporeans)
Here are a list of key benefits Australians gain: -
b) Annual School Education Budget : S$11.6 billion per year or S$580, per capita
c) Annual Health Care Budget : S$850m per year or S$42.5 per capita
d) Annual Unemployment Budget : S$633.7m per year or S$31.70 per
capita
Total (b + c + d ) : S$654.20 per capita
Free health care and education? Is it a myth or facts?
Originally posted by walesa:Your "free" means unlimited usage and not a single cent paid for eg: a trip to the hospital.
The whole notion of this drivel reminds me of a stark picture I had pointed out to another delusional imbecile here. The only difference being the case I'd scrutinised is the UK's rather than Australia's - and that is obviously a system I'm far more familiar with(having lived, worked and utilised the system) than the imbecile who tried outfoxing me by googling nonsensical trash.
What exactly is "free" healthcare? As a matter of fact, Australia's public healthcare (very much like the British NHS) is essentially free "at the point of delivery". Regardless of the amount of National Insurance you pay (or you're exempted from it if you earn below a stipulated amount), you're still entitled to [b]free medical care each time you walk into a public healthcare facility. In essence, you could theoretically very well chalk up medical bills worth a million times more than your contribution in the form of your National Insurance. That's quite unlike the commercial entity you have here whereby you pay-as-you-use.
That, in essence, is an avenue for the government to provide a basic social safety net for its citizens through revenues generated to fund the system (through various forms of taxation). Having said that, the taxes collected in UK fund more than just a public healthcare system. More importantly, the biggest beneficiaries of such social welfare schemes are the low and middle-income groups, whose contributions to taxes aren't the greatest.
I'd struggle to be convinced anyone with a sane mind would actually entertain the notion a penniless, unemployed man (which is the primary group that such social welfare schemes are meant to cater to) needing medical care would actually find a fascist, commercially-run "public healthcare" a more viable solution to his needs than the free public healthcare offered by the British NHS.
[/b]
The point here surrounds the contentious definition of a "free public healthcare". The truth of the matter is, in the UK and Australia, you could walk into any public healthcare facility without a penny on you and you'd still enjoy the free (from cost) medical facilities.Originally posted by Rock^Star:Your "free" means unlimited usage and not a single cent paid for eg: a trip to the hospital.
Gazelle's "free" means nothing is free, taxes are paid for it.
So who's at fault here?
Isn't this clear now!!!Originally posted by Gazelle:As per your request, I have excluded the super fund which you claim shouldnt be included. And still, it doesnt change anything in terms of the tax vs benefit. There is still a surplus of S$3810 per capital after deducting the 3 benefits which I listed.
Australia
Population : 20m
Income Tax Revenue : S$149.3 billion / yr (including superannuation tax and fringe benefit tax)
Total Tax / Capita : S$ 7,465 / yr
Singapore
Population : 4.5m
Income Tax Revenue : S$13.5 billion
Income Tax / Capita : S$3,000 / yr
a) On average, Australians are paying S$4,465 more tax per year as compared to Singaporeans (assuming an average working life of 44 years, they will be paying about S$196,460 more tax than Singaporeans)
Here are a list of key benefits Australians gain: -
b) Annual School Education Budget : S$11.6 billion per year or S$580, per capita
c) Annual Health Care Budget : S$850m per year or S$42.5 per capita
d) Annual Unemployment Budget : S$633.7m per year or S$31.70 per
capita
Total (b + c + d ) : S$654.20 per capita
Free health care and education? Is it a myth or facts?