Most singkies pay very little direct taxes..and heaps of foreigners enjoy working in singkieland because of the low tax regime. So since singkies pay fee direct taxes...a pension by the pap is not possible
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Chitchat Sinkie Old Farts Need At Least $1,379 A Month To Survive In Singapore! CPF Helping Sinkies To Enjoy Retirement!
- Thread starter JohnTan
- Start date
Most singkies pay very little direct taxes..and heaps of foreigners enjoy working in singkieland because of the low tax regime. So since singkies pay fee direct taxes...a pension by the pap is not possible
KNN tkl say elderly only need $800 KNN he meant 800 euros is it KNN
A tax is a tax. It does not matter whether it is direct or indirect - it is still a tax.
With the current Cat A COE at $27,000 and Cat B COE at $42,564 - do you consider COE a kind of tax?
Don't buy car don't buy COE no tax paid.
I am not talking if you buy car or not.
I am asking "do you consider COE a kind of tax?"
And yes, based on your answer it IS a TAX
Don't understand why you need to go a merry go round in a roundabout way??
@ Hypocrite-The said
Would you view the video below and advise if you think those multi layer indirect tax in your utility bills taxes?
https://www.facebook.com/video.php?v=428444531267247
Would you view the video below and advise if you think those multi layer indirect tax in your utility bills taxes?
https://www.facebook.com/video.php?v=428444531267247
Don't understand what Coe have to do with retirement. Or to this article.
You have short memory don't you?
https://www.sammyboy.com/threads/si...o-enjoy-retirement.268669/page-2#post-2906734
So since singkies pay few direct taxes...a pension by the pap is not possible
Yes I said that....so wats the issue? U think pap will give pension to the ordinary ppl?
So pap will never give pension regardless if the tax is exceedingly high or not. Is that correct?
If so, then your statement trying to relate the low direct taxes to no pension is wrong.
Put simply, pap simply squeeze from us and gives us virtually nothing in return.
70 % voted for it. N pension for everyone is unsustainable unless direct taxes increase , gst goes up to 20% or more. and of course welfare payments to the pappies need to be increased. The pappies will not bite the hands that feed them.
PAP earns 7 pct on returns from CPF deposits, pays 2.5 pct interest. 4.5 pct go where?
PAP also earns from the exhorbitant price of 'subsidized' flats.
If sinkees can invest their CPF on SPY, they will have no problem with retirement finances.
69.9,% voted for it. And it's a gift to the pap...the 69.9 is happy to give..
Oh I forgot ...most sinkees like to be screwed by the PAP. Majullah PAP then!
It is simple maths...with the current population size and per capita income, how is a gahmen funded pension system not sustainable in Singapore?
KNN tkl talk cock part 2 is KNN of course the accomdation here means the eletricity bills, conservancy charges etc and home expenses KNN if want to talk about not having a fully paid hdb $1379 is far from suffice KNN renting a hdb room cost how much already KNN
Even if they can they won't "throw money" like that. To the gahmen, it's just a waste of their resources. All they do is hand out one-time perks like the pioneer gen and merdeka gen packages when it's that time of the year...
In addition to that "one-time perks like the pioneer gen and merdeka gen packages when it's that time of the year...", they shamelessly pay themselves obscene millions of dollars year after year.
KNN tkl talk cock part3 KNN he say sinkies are all fated to live a life as poor sinkie loser having $800 is enough provided there are totally no entertainment including drinking beer or smoking or etc KNN
KNN you buay song ah? Who you voted for?
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