Mr. Lee's broken promises???
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Actually, we have some of the largest indirect taxes in the world. Just look how much the vehicle tax and property tax is. I can't recall the figures but seeing how cars here can be so expensive, it tells you a fair bit.Originally posted by Ponders:maurizio13
Not that i want to go against you... but is it possible to gain some data outside from what is published?
We can't simply go by median wages, percentage of taxes, etc.
I think it would be fairer like, after mandatory deductions, how much do they have to pay Cantons, Cities, and municipal taxes.
Not to mention other monthly deductions (if any) for healthcare, union dues, etc.
For most singaporeans, a part of their pay goes to CPF, Tax, Town Council, etc.. so we need to have equal data...
singapore might have a lower median wage because there are more ppl in the mid-to-lower income groups as compared to Switzerland. -
Mmmh but it's a bad sign when the middle-income group is also seen as pulling down the mean income.Originally posted by Ponders:it means we might arrived at this figure due to the population distribution rather than the fact ppl are being paid lower. -
Oh! Isn't cost of living related to standard of living? If its not relevant, why do you even post it here?Originally posted by miserable:Oh gosh, what simpleton thou art ???
I am talking about Cost of Living and not Standard of Living. Btw do you know what the dissimilarities between them ???
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Why only indirect tax? Are we really the highest?Originally posted by Fingolfin_Noldor:Actually, we have some of the largest indirect taxes in the world. Just look how much the vehicle tax and property tax is. I can't recall the figures but seeing how cars here can be so expensive, it tells you a fair bit.
What we are interested in really is total tax. How do we rank on total tax? Can our indirect tax be more than say income tax of Switzerland? -
actually it works both ways isn't it? there might be a huge pool of rich or poor pushing the statistic up or pulling it down for both countries. Not to forget the creative accounting and tax evasions which prevent an accurate collection of data. Its never easy to get a fair figure.Originally posted by Ponders:maurizio13
singapore might have a lower median wage because there are more ppl in the mid-to-lower income groups as compared to Switzerland. -
if u are talking about percentage wise i will say maybe but if u are talking about the total amount collected i will say why not. Anyway these are not important what is important is the burden the tax have on the people. Are they able to manage their day to day life comfortably with the tax rate?Originally posted by Mat Toro:Why only indirect tax? Are we really the highest?
What we are interested in really is total tax. How do we rank on total tax? Can our indirect tax be more than say income tax of Switzerland? -
Who is this "we"? No one here except you is trying to hijack the thread and define it at your whim.Originally posted by Mat Toro:Why only indirect tax? Are we really the highest?
What we are interested in really is total tax. How do we rank on total tax? Can our indirect tax be more than say income tax of Switzerland?
Perhaps you would do us the service of attempting to calculate what you call "total tax" instead of demanding us to provide the figures. What? This is a one way street?
Which other corner of the world charges so much vehicle tax that the vehicle is at least 2-3 times more expensive here? -
Mr Mat Toro, it is quite obvious you do not understand what is the differences between Standard of Living and Cost of Living.Originally posted by Mat Toro:Oh! Isn't cost of living related to standard of living? If its not relevant, why do you even post it here?
Standard of Living
Level of material comfort that an individual or group aspires to or may achieve. This includes not only privately purchased goods and services but collectively consumed goods and services such as those provided by public utilities and governments. A standard of living determined for a group such as a country must be examined critically in terms of its constituent values. If the mean value increases over time, but at the same time the rich become richer and the poor poorer, the group may not be collectively better off. Various quantitative indicators can be used as measuring rods, including life expectancy, access to nutritious food and a safe water supply, and availability of medical care.
Cost of Living
Monetary cost of maintaining a particular standard of living, usually measured by calculating the average cost of a number of goods and services. Measurement of the cost of a minimum standard of living is essential in determining relief payments, social-insurance benefits, and minimum wages. The cost of living is customarily measured by a price index such as the consumer price index. Measurements of change in the cost of living are important in wage negotiations. Cost-of-living measurements are also used to compare the cost of maintaining similar living standards in different areas.
From the above definition,am I not wrong to say that Singapore is moving towards the Swiss in term of cost of living?
In term of standard of living to the Swiss, we are still lagging far behind with taking into consideration of their social welfare system, shorter working hours and leisure hours.
Should you still not be able to comprehend what I am referring to, it is advisable that you read the previous article that I posted at 02.12pm. -
total percentage wise, we are definitely much lower. Our cost of living are also much lower. PPP wise, not much difference. So what do you think?Originally posted by NewAge:if u are talking about percentage wise i will say maybe but if u are talking about the total amount collected i will say why not. Anyway these are not important what is important is the burden the tax have on the people. Are they able to manage their day to day life comfortably with the tax rate? -
VAT rates
The VAT rates in Switzerland are:
7.6% standard rate
2.4% reduced rate (e.g. food, medicine, newspapers, books and feed)
3.6% lodging services
The Swiss government is very compassionate towards it's poor, they have a reduced rate of VAT (GST) for basic necessities like food, medicine and books.
In Singapore everything is given a 7% rate of GST, irrespective of the consumer which might be the poor.
Jackass' explanation is a one liner, based on his delusional thought. -
what about income tax? are yo9u willing to pay as much as the Swiss people? how dumb can you be?
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Are you willing to pay that kind of taxes?
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In Singapore, on top of the income tax, a portion of our salaries are being taken away by the gov as CPF as well. For other countries, the gov provide a high standard of healthcare for it's people old age, whereas in Singapore, the gov just return the CPF which we have contributed over the years back to us to take care of ourselves.Originally posted by Mat Toro:Are you willing to pay that kind of taxes?
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Currently and locally, for all the Taxes we are obligated to pay, WHAT do we get in return?Originally posted by Mat Toro:Are you willing to pay that kind of taxes?
What are the 'goods' do we get in return for all Taxes and especially CPF, Medisave, etc..? -
if you think this great country is so bad, why don't you go elsewhere?
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For those who wears the government issued Rose-tinted Sunglasses, please see link to all the Broken Promises:
http://www.singaporedemocrat.org/brokenpromises.html
And then, if you will, kindly explain away each and every one of those broken promises... -
In fact, they have the highest payroll in the world...Originally posted by storywolf:Hello - he say it correctly "he say i will deliver swiss standard of living"!!! but he did not say to who !!!
He did add 30% to his and top team payroll = and that is swiss enough !!! he did not say swiss standard to everyone !!!
So they had top of the world standard of living... -
... already...Originally posted by Mat Toro:if you think this great country is so bad, why don't you go elsewhere? -
So a lot of local talents already packed up and left.Originally posted by Mat Toro:if you think this great country is so bad, why don't you go elsewhere? -
... and yet, GCT can state that the government's Long Term Worry is over Local Talent Leakage...Originally posted by royston_ang:So a lot of local talents already packed up and left.
... why worry when they continue to do the things they do?
DON'T WORRY!!! They have their faithful Foreigners to bank on!
They will surely stay and contribute right??? -
And WHY even try to lure Locals Abroad back and suggest to people to make their Furtures here??? -
then what say u about asking graduates to come home? u wan to have ur cake and eat it?Originally posted by Mat Toro:if you think this great country is so bad, why don't you go elsewhere?
great country? u sure have a big ego to match.
frankly, CPF shld be counted as an indirect tax too. and for the kind of monetary sacrifices we make and contribute, i dun think singapore deserves it. i'd be more proud to be a citizen elsewhere. -
Mat Toro....
You can never win any arguments about the government I tell you....
Even I find it hard to consider backing the government because they keep dishing out Thoughtless and Selfish policies...
and before you can finish arguing a topic, there will be new crap from them in the papers which I will diligently post in here EVERY morning until...
such time when they start doing People-centric things... not welfare, not handouts, but avenues for average people to survive locally under these global times... -
In fact, the national day's rally speech has revealed 800 locals each year have left for other countries. 150000 local have chose to work or study inOriginally posted by Mat Toro:if you think this great country is so bad, why don't you go elsewhere?
other countries. The govt is trying to increase the population like HK cause of the increasing ageing population.