Not for love of money, but of Humanity. "Greater is he who works for the good of all, then he who works for the good of himself only" ~ Matthew 25:40: "The King will reply, 'I tell you the truth, whatever you did for one of the least of these brothers of mine, you did for me.'"- (NIV). I live in Singapore where the Emperor must not be disturbed.

Sunday, February 23, 2014

Please End GRC system of Elections to save Singaporeans from Political Ignorance/ Indifference.

Please End GRC system of Elections to save Singaporeans from Political Ignorance/ Indifference.
Quote:
Originally Posted by blindswordsman (22Feb2014)
Thread source (SBY): What is the Singapore Cow?
Quote:
Originally Posted by Papsmearer
Quote:
Originally Posted by AhMeng
So what about Singapore 2 Cows?
TWO COWS ~{Matthias Varga}
SOCIALISM
You have 2 cows.
You give one to your neighbour

Friday, February 21, 2014

GST rate linked property taxes for a progressive nation state.

GST rate linked property taxes for a progressive nation state.
Increasing residential property tax across the board to MATCH GST will certainly go a long way to curb property price speculation.Pls charge property tax at EQUAL to the GST level but with rebates for Singaporeans. The Annual Value (AV) rebate should be S$6000 per annum per citizen (half for PRs)(based upon the median mkt price annual rental for single HDB room), so if U have a house with 10 Singaporeans staying and AV is $100K, the AV rebate would be S$60K, the consequent taxable amount will be S$40K, at 7% AV tax, the tax payable will be S$2.8K; (at 10%GST, it will be S$4K, p.a.(BOTH affordable even compared with current 2014 "discounted" rates)).