Is GST or Mah Bow Tan's housing tax double taxation?

robertteh · 10 May 08, 23:34

Goods and Services Tax is the tax started in those countries of large geographical area experiencing difficulty in administering reporting and certifications of income.

We do not need such a tax because of we have a smaller graphical area where it is possible to implement reporting of business incomes through annual auditing and submissions of business incomes.

In addition, we are the only country in the world where people pay heavy taxes on vehicle excise duty, petrol tax, road tax, COE and ERP taxes using excuses of all sorts to squeeze more with lies like we are incurring budget deficits when the government is hoarding and hiding its billion surpluses.

On top of these indirect taxes we have the heaviest tax of all - the housing tax which Mah Bow Tan introduced which is without justification in view that lands were already paid by people under taxes.

If Lim Kim San has been around he would find it extremely unconscionable to tax so heaving through housing at the costs of some $80 - 100 K per family with excuse of "No free Lunch" to do so.

Yet with so many taxes as stated in the foregoing there is no need or justification for GST. Yet GST is being introduced which is actually a double-tax over and above personal income and corporation taxes and all the indirect vehicle and housing taxes.

No wonder people are hard hit and unable to feedback their families because after paying his personal income and corporate taxes he is still required to pay more taxes.