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Raise taxes on the Rich - in Singapore

Recession resulted exactly because the govt wanted to rob the rich n give to the poor. The rich stop spending n investing n now everyone is poor.

Well said. You are one smart cookie.
 
Well said. You are one smart cookie.

these commies are demented folks. They don't mind people being poor as long as everyone also poor. I think they need to send their heads for a check up
 
But they rarely do, until the elephant is old and weak. Under the true law of the jungle, the winner gets the prey and the loser goes hungry. The true law of the jungle does not make the winning lion share the prey with the rest. The rest just get the scraps.

If it is law of the jungle instead of a society based on laws designed to protect the privileged, would the rich be able to survive the fury of a mob? People who have worked with foreign workers who know nothing about Singapore's Labour Laws will understand what their chances are if these workers were to turn violent. Only laws in place prevent such workers from going further. You laws of the jungles will still have laws to protect the rich? That is a dream.
 
I suggest you read up on the French Revolution. See what happens to aristocracy when they push their luck too far!!

Also the Edna Avenue incident in Manila when the People Power changed the dictator of the day.
 
People power have spoken loud n clear. We want pap to rule Singapore
 
So once in a long long while the losers win. And the forest dies. Look at the state of affairs in France now - a far cry from a once powerful country.

America is going to be weakened by welfare. But they are big and can recover. Singapore cannot afford to be weakened or we die.

I suggest you read up on the French Revolution. See what happens to aristocracy when they push their luck too far!!
 
Recession resulted exactly because the govt wanted to rob the rich n give to the poor. The rich stop spending n investing n now everyone is poor.
In the mid 1980s, Reagan raised taxes significantly, and yet the USA economy grew. In the eight year under Bush II, taxes were cut significantly, yet there were two major recessions. Tell me, how does this gel with what you're saying?

The fact is the concept of government robbing the rich to give the poor is just a red herring, a ruse for the rich to trick the country into lowering their taxes. What is unsaid is that bulk of government expenditure goes towards basic services and public good, and not into social welfare for the undeserving. And the rich are benefitting from business deals generated from govt expenditures. Who are making big bucks on govt projects like road works, building schools, town council software etc.?
 
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So why shouldn't each citizen pay the same price for the same amount of utility he derives from the public good? A flat $8k to $10k annual tax will be much fairer than the progressive tax system.

The fact is the concept of government robbing the rich to give the poor is just a red herring, a ruse for the rich to trick the country into lowering their taxes. What is unsaid is that bulk of government expenditure goes towards basic services and public good, and not into social welfare for the undeserving.
 
What wrong with being paid millions sir?
Wrong because it is at the expense of people who earn a hundred time less. If they don't realise that they are very privileged to receive this salary, they do not deserve their million dollars.

Investments and expenditures help stimulate the economy and provide jobs to people. How can you fault people for spending their money and making investments?
What is the point of creating non-paying jobs with the investors making huge profits which are lightly taxed?

The interests of all are looked into. Not just the poor but the rich as well.
The trouble is only the interest of the rich is covered on all bases. The poor, because of their low salaries, have to resort to begging when they need a subsidy for medical care or, for the even poorer ones, they have to wait for the national day or Lunar New Year handouts.

So we have two distinct classes of people - the "privileged" class who can act as "Santa Claus" sometimes to distribute alms collected from charities and the "poor masses" who are destined by rules of society to strike out a subsistence or less than subsistence living and have to resort to begging for welfare benefits every now and then.

So one group with their dignity in tact, the other group who wish they were never born. There is yet another group of people like our Kinana here who do the PLP work of helping out the privileged group in their "Santa Claus" mission, in exchange for the first grab of the free secondhand textbooks or an overseas "bonding" trip.

Recession comes exactly because you want to rob the rich and give to the poor. Just look at Europe and North America.

Recession comes when the rich try to con the masses in parting with their money, including their CPF money. Remember the Lehman bro minibonds episode that caused the 2008 recession and bubbles built up through greed by the rich (who else? They are the ones with the money to cause such things) which eventually burst.
 
Anti-tax advocate Grover Norquist on MSNBC Wednesday insisted that Republicans who supported the fiscal cliff deal did not vote to increase taxes on the wealthiest Americans. "No Republican voted for a tax increase," Norquist said.


America who have trillion dollar deficit and face another debt ceiling and potential rating downgrade just lower taxes....

SIngapore who have trillion dollar in reserve should lower taxes for every1 ... why should we raise gambling chips for Ho Jinx to punt...

the idea that we should raise taxes to punish success because the TS is green eyed when we do not even need the tax revenue in the 1st place is preposterous...

I am not anti tax if the tax revenue is needed to pay for stuffs ... but in SIngapore the richest entity is the govt.... we should "tax" the govt and return the money back to the people...

and the govt has so much money that its farmer is buying Brompton bikes and Herman Miller chair.. the elites are buying Olam, a sinking ship and WHOre JINX is just throwing it away for the thrills of gambling...
 
So why shouldn't each citizen pay the same price for the same amount of utility he derives from the public good? A flat $8k to $10k annual tax will be much fairer than the progressive tax system.

Again another scheme to give the "privileged" control over the masses with more going below the subsistence level if this evil scheme is implemented. I am confident that the day of reckoning will come soon. The losses of the "privileged" will come with a great shock to them if they don't repent now.
 
Hey I thought Reagan cut taxes,,but he expanded the tax base,,so as a result more people pay tax,,but he also blew the deficit,,but in general the deficit did bring about the implosion of the USSR,,so the objective to get rid of the USSR was achieve,,whereas for Bush Jnr,,what objective been met? Iraq and Afghanistan still in a mess,,,deficit blow out, USA still in recession and so on,,,,see my point?

In the mid 1980s, Reagan raised taxes significantly, and yet the USA economy grew. In the eight year under Bush II, taxes were cut significantly, yet there were two major recessions. Tell me, how does this gel with what you're saying?

The fact is the concept of government robbing the rich to give the poor is just a red herring, a ruse for the rich to trick the country into lowering their taxes. What is unsaid is that bulk of government expenditure goes towards basic services and public good, and not into social welfare for the undeserving. And the rich are benefitting from business deals generated from govt expenditures. Who are making big bucks on govt projects like road works, building schools, town council software etc.?
 
Hey I thought Reagan cut taxes?,,but he expanded the tax base,,so as a result more people pay tax,,but he also blew the deficit,,but in general the deficit did bring about the implosion of the USSR,,so the objective to get rid of the USSR was achieve,,whereas for Bush Jnr,,what objective been met? Iraq and Afghanistan still in a mess,,,deficit blow out, USA still in recession and so on,,,,see my point?

In the mid 1980s, Reagan raised taxes significantly, and yet the USA economy grew. In the eight year under Bush II, taxes were cut significantly, yet there were two major recessions. Tell me, how does this gel with what you're saying?

The fact is the concept of government robbing the rich to give the poor is just a red herring, a ruse for the rich to trick the country into lowering their taxes. What is unsaid is that bulk of government expenditure goes towards basic services and public good, and not into social welfare for the undeserving. And the rich are benefitting from business deals generated from govt expenditures. Who are making big bucks on govt projects like road works, building schools, town council software etc.?
 
So why shouldn't each citizen pay the same price for the same amount of utility he derives from the public good? A flat $8k to $10k annual tax will be much fairer than the progressive tax system.
It is already the case in sg with GST, COE etc. the rich here hardly pay taxes, many of them expense their personal spending under their company, thereby minimizing corporate tax. They also book as much profit as possible under BVI, Dubai and other tax havens, then bring the money back to sg without tax.

On top of that, they gained disproportionately from escalating property prices, the value of which is partly a result of defense and security spendings. Yet they don't pay capital gain tax.

In fact, I say the rich here are the real leeches.
 
Like that singapore will go down the dumps even faster,,,social democrats are the worse of the scum of the earth,,,,they have already fuck up ang mor lands,,,singkies are screwed enough,,,dont have to make it worse,,,

This I agree. Solution is to get rid of this government and replace it with a social democratic government. The PAP is a right-wing government.
 
Recession resulted exactly because the govt wanted to rob the rich n give to the poor. The rich stop spending n investing n now everyone is poor.

Don't be silly. If the rich stop spending, the government can rob them some more and spend on their behalf.
 
Like that singapore will go down the dumps even faster,,,social democrats are the worse of the scum of the earth,,,,they have already fuck up ang mor lands,,,singkies are screwed enough,,,dont have to make it worse,,,
Ang mor land was fucked not because of social democrats, but because of rapid shift of manufacturing to china and services to India. So many people were suddenly out of jobs and there were insufficient jobs to go around. This is the real issue. Not high tax on rich etc.
 
So why shouldn't each citizen pay the same price for the same amount of utility he derives from the public good? A flat $8k to $10k annual tax will be much fairer than the progressive tax system.

Grover Norquist never go far enough.... a flat tax as suggested by cass888 is inherantly much better than a flat rate tax...

and the best amount for a flat tax is zero...

the "myth of public goods" is perpetuated by the dumb self interested masses too eager to rob the system.... not knowing mostthey of them are being robbed by the system

many things like the library, schools, parks and fire station are better served by privatisation...
 
Ang mor land was fucked not because of social democrats, but because of rapid shift of manufacturing to china and services to India. So many people were suddenly out of jobs and there were insufficient jobs to go around. This is the real issue. Not high tax on rich etc.

Ang mor land are fucked by the welfare state. spending too much on health care.... look at the increase in the number knee replacements that singapore has done in the past 10 years... far outpace the rate of aging population...

Sinkie land is going down the same shit.... people need to pay for their own healthcare... not wait for money to drop from the skies...

the high tax on rich is just a temporary fix to the huge spending by the Jiak liao bees...
 
In the mid 1980s, Reagan raised taxes significantly, and yet the USA economy grew. In the eight year under Bush II, taxes were cut significantly, yet there were two major recessions. Tell me, how does this gel with what you're saying?

The fact is the concept of government robbing the rich to give the poor is just a red herring, a ruse for the rich to trick the country into lowering their taxes. What is unsaid is that bulk of government expenditure goes towards basic services and public good, and not into social welfare for the undeserving. And the rich are benefitting from business deals generated from govt expenditures. Who are making big bucks on govt projects like road works, building schools, town council software etc.?

Screw you bro, Reagan slashed taxes, not increase them, and the economy grew. Bush did the same thing n the economy rebounded in record time.
Both times, govt revenue grew after tax cuts because the econ into grew.
Better don't try to revise or teach me about USA history bro. I am very familiar with USA.
 
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