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Chitchat 1.5mil sinkies earn less than $34k p.a

sbfuncle said:
PM LW favourite words.
We will work with Singaporeans.
Click to expand...

According to UN Data, every individual in Singapore is apportioned a whopping US$117,400 share of our national debt, highest in the world.

In U.S., each citizen carries an imposing US$93,000 debt burden. Japan ranks third with US$88,400 debt per citizen. Canada, in fourth place, reports a figure of US$58,900, and Belgium, in fifth, shows US$52,600. https://www.cryptopolitan.com/debt-rankings-show-u-s-and-singapore-on-top/
 
This kind of Jiakliaobees are well taken care by MIW. To make that kind of money already good. Still expect more? Ah Sam will agree with me, hiring Sinkies will make you vomit blood
 
pig said:
PAP has failed Singaporeans. And yet they pretend they do a good job by everyday ownself praise ownself. Very disgusting people
Click to expand...
Our country is in a bad shape, income-gap is at historical high. Think about your soaring property prices and inflation while 1.5million citizens falls into that category. If you are not there, you will never be there.

For example, I know at least three successful SME towkays like @JohnTan who rent out their own property and rent a landed property/condo for their own family to stay. They declare the rented property for employee, or Home-Office and fully tax-deductible.

IRAS said it was not allowed if the beneficiary is shareholder and director. So they just put make their wives or children as employee to be entitled to the staff-benefit. The annual savings are substantial. Salaried men like byebye penis cannot do that. Now many people like property agents also open a company to do that.
 
Byebye Penis said:
  • Those 1.5millon people are above 21.
  • It was cited in the article that we have 3.61million citizens, including children. Using this basis, I assume that about half of the households in Singapore fall into this category.
  • Using the same proportion, about half young adults will not be able to afford the cheapest median Home Singapore. They can only buy a 1-2 bedroom HDB, rent a HDB or stay with parents.

No wonder our young adults are not having more kids.
Click to expand...
Very soon food will be an issue! Some people are eating less meat these days! Luckily the govt allowed us to eat insects and bugs!
 
Now hawker centre beef noodle is $6 per bowl liao
 
k1976 said:
But many overnight millionaires huat big bug thru BTO MOP flip de woh
Click to expand...

There are many that bought BTO for $400K plus at prime location and after MOP now sold at $1 mil :sneaky:

I am the only one that not tempted to sell my flat for a profit and I intend to hold on for a longer term :smile:
 
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