DPM Wong: Cutting GST will increase business cost in SGP
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Originally posted by eagle:
By Gabriel Chen Dec 8, 2009
On the calls for slashing the GST rate, Mr Wong said such a move might actually raise business costs, as companies would have to change their systems to adjust to a new GST rate.Copied from CNA forum
Please give in to me this moment of selfishness
*Take off Moderator Hat*
THIS IS SO DAMN STUPID!!! Gosh what is the world coming to...mocking our intelligence...sheezh
*Pull on Moderator Hat*
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I believe cutting GST does not suit that particular party's agenda. No need give stupid excuse if they refuse to cut GST to lower the living costs during this recession for the people. Pay them so much to talk crap, illogical.
Shorty should have automatically resigned long ago. He is one of the many ministers whose credibility many people are in doubt.
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Originally posted by angel7030:
i believe if you shop at NTUC or Sheng Siong there is no Gst, but if you shop your necessities at up town Market place, Taka, Metro, Cold storage...then you get the paid Gst. Let me give u a scenario, Ah Huat is a workers earning 2k per month, Angel is a CEO, earning 15k per month. Ah Huat goes to NTUC, a walking distance from his house to buy his neccessities, Angel goes to Takashimaya to do her shopping, every month Ah Huat spent about $200 with no Gst at NTUC, Angel also spent $200 but with Gst of $14, Car parking $20, Petrol $10, ERP $6, Car depreciation $20 car insurance..road tax etc etc which total up to about $260. And yet when i comes to rebates, Ah Huat get full rebates of $300 Gst rebates and other govt rebates of $600, totally $900. And Angel get nothing if she is consider as the upper rich, yet she is been taxed both on income and public spending. In the end, govt used Angel tax to create job credits so that company do not retrench workers, free education and upgrading for Singaporeans at e2i or learning Hub, bursaries, back to school voucher, transport vouchers, Power Supply offset vouchers, linkpoints for NTUC shopping, rebate of 5% for NTUC shopper..etc etc. And Angel get nothing but pay and pay.Therefore, Ah Huat gained from Gst, if only he knows how to be thrift about his spending and not anyhow go and spent on clubs or gals or lotteries, that is why govt keep telling people, to spend within your means, you will not lose out.
NTUC does not have GST??? Hello, have you just arrived in Singapore? -
Originally posted by deepak.c:
They say it's too troublesome, but it's not troublesome to receive the multi-million dollar salaries.
Strange that they say it's troublesome, yet they have zero-rating and exempt, isn't it troublesome to implement as well.
Australia exempts basic food items, medication and books from GST. But Singapore PAP government wants to help the poor, so they implement GST for all items.
I give you a scenario
I am a process expert in an organization. One day, my boss comes up to me and say, "Mr so-and-so, we need to implement this new process for the business"
And I say "Boss, sorry cannot, too troublesome to implement"
Do you think I will get fired or not, since it's MY JOB to get a process setup?
If other countries can implement staggered taxes, there is no excuse from our govt. After all, our personal income tax is a staggered income tax. They can use that system as a foundation to build the staggered GST.
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Originally posted by greengoblin:
Please give in to me this moment of selfishness
*Take off Moderator Hat*
THIS IS SO DAMN STUPID!!! Gosh what is the world coming to...mocking our intelligence...sheezh
*Pull on Moderator Hat*
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Originally posted by soul_rage:
NTUC does not have GST??? Hello, have you just arrived in Singapore?
I doubt she he shops at NTUC. If she he does, he she must be shopping blindly. -
Originally posted by soul_rage:
NTUC does not have GST??? Hello, have you just arrived in Singapore?
They have, but once awhile, they absorb Gst if the economy is down, I shop there many times, NTUC always give me free vouchers, I also got discount vouchers, you have to rub shoulder with those guys on the top ya. Last time, i shop at cold storage, a month spent about $1000 which my Dad give me every month for essential and groceries items, today, at NTUC i spent $300 can already. But of course you have to bear to shop with bangala, PRC and some poor singaporeans whereas uptown supermarket are more classy.Then i took the remaining $700 to book my spa, cosmetic and slimming appointment.
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Originally posted by soul_rage:
I give you a scenario
I am a process expert in an organization. One day, my boss comes up to me and say, "Mr so-and-so, we need to implement this new process for the business"
And I say "Boss, sorry cannot, too troublesome to implement"
Do you think I will get fired or not, since it's MY JOB to get a process setup?
If other countries can implement staggered taxes, there is no excuse from our govt. After all, our personal income tax is a staggered income tax. They can use that system as a foundation to build the staggered GST.
You are sure to get fire, if not remain as cold turkey. Bosses dun like to listen to No and cannot, they want solution, even if you cannot implement, gives your reason and other alternatives, otherwise, you are history -
Originally posted by angel7030:
They have, but once awhile, they absorb Gst if the economy is down, I shop there many times, NTUC always give me free vouchers, I also got discount vouchers, you have to rub shoulder with those guys on the top ya. Last time, i shop at cold storage, a month spent about $1000 which my Dad give me every month for essential and groceries items, today, at NTUC i spent $300 can already. But of course you have to bear to shop with bangala, PRC and some poor singaporeans whereas uptown supermarket are more classy.Then i took the remaining $700 to book my spa, cosmetic and slimming appointment.
Oh, now it's once in awhile? Is it a habit for you change story or do you just type rubbish as you please?
Why don't cut short your stories and get to the real point, as you like to say.. ya?
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Originally posted by angel7030:
They have, but once awhile, they absorb Gst if the economy is down, I shop there many times, NTUC always give me free vouchers, I also got discount vouchers, you have to rub shoulder with those guys on the top ya. Last time, i shop at cold storage, a month spent about $1000 which my Dad give me every month for essential and groceries items, today, at NTUC i spent $300 can already. But of course you have to bear to shop with bangala, PRC and some poor singaporeans whereas uptown supermarket are more classy.Then i took the remaining $700 to book my spa, cosmetic and slimming appointment.
NO need to post crap beat around the bush to boast to us you are rich.YOu are downright shallow, childish, brain dead! Here is not a place for you, you should move to the playground.
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Wong topic issit
DPM Wong: Cutting GST will increase business cost in SGP
SHOULD BE
DPM Wong: Cutting GST will not increase me and my boss(LKY) Salary in SGP
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Originally posted by Itedino:
Wong topic issit
DPM Wong: Cutting GST will increase business cost in SGP
SHOULD BE
DPM Wong: Cutting GST will not increase me and my boss(LKY) Salary in SGP
DPM Wong could be right, in Singapore we had cut Corporate tax from 33% to about 20%, this to attract FDI and MNC here, and was done in a staggered pattern, then to recover the lost, Govt instill GST from 3% to current 7%, so if Gst is to reduce, Corpoarte tax may go up again, leading to high business cost. Hope all is clear. -
Originally posted by angel7030:
They have, but once awhile, they absorb Gst if the economy is down, I shop there many times, NTUC always give me free vouchers, I also got discount vouchers, you have to rub shoulder with those guys on the top ya. Last time, i shop at cold storage, a month spent about $1000 which my Dad give me every month for essential and groceries items, today, at NTUC i spent $300 can already. But of course you have to bear to shop with bangala, PRC and some poor singaporeans whereas uptown supermarket are more classy.Then i took the remaining $700 to book my spa, cosmetic and slimming appointment.
*shakes head*
One thing I will say you are good, you are very good at lying. Everytime you get caught, you try all sorts of methods to wriggle yourself out.
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Originally posted by soul_rage:
*shakes head*
One thing I will say you are good, you are very good at lying. Everytime you get caught, you try all sorts of methods to wriggle yourself out.
Hee hee hee, this fellow is sneaky. Whenever he she runs out of reply, he she will give excuse like go out for tea, go buy food, go shopping, go work to evade.Its intentions to come here to disrupt discussions, boast to us how rich she he is, and show us how shallow, childish he she is.
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Originally posted by Fantagf:
Hee hee hee, this fellow is sneaky. Whenever he she runs out of reply, he she will give excuse like go out for tea, go buy food, go shopping, go work to evade.Its intentions to come here to disrupt discussions, boast to us how rich she he is, and show us how shallow, childish he she is.
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Originally posted by angel7030:
DPM Wong could be right, in Singapore we had cut Corporate tax from 33% to about 20%, this to attract FDI and MNC here, and was done in a staggered pattern, then to recover the lost, Govt instill GST from 3% to current 7%, so if Gst is to reduce, Corpoarte tax may go up again, leading to high business cost. Hope all is clear.
hong kong lower than us - if i am not wrongso gst go up or stagant
seldom drop
then we pay pay and pay
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Originally posted by soul_rage:
*shakes head*
One thing I will say you are good, you are very good at lying. Everytime you get caught, you try all sorts of methods to wriggle yourself out.
LKY trained, what you expect. Thanks for your comment ya.And please shake the right head ya...if you are a guy
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Originally posted by I'm back:
hong kong lower than us - if i am not wrongso gst go up or stagant
seldom drop
then we pay pay and pay
HK is under China, taxation is one of the highest. -
Originally posted by angel7030:
HK is under China, taxation is one of the highest.Current HK taxes are lower than Singapore.
This is a FACT.
Do you know that? NO.
This is ALSO a FACT.
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Originally posted by soul_rage:
Current HK taxes are lower than Singapore.
This is a FACT.
Do you know that? NO.
This is ALSO a FACT.
The fact is they got no rebate and relief in their taxes, you go the right fact or not??? In fact, most of the lower earning singaporeans are not even paying taxes after so much relief, and a poor HKees still have to pay taxes even if he had 10 childrens ya. You understand taxation or not??/ -
Originally posted by soul_rage:
Current HK taxes are lower than Singapore.
This is a FACT.
Do you know that? NO.
This is ALSO a FACT.
If she/he know what is a fact.
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Oh, you still around
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Originally posted by angel7030:
Oh, you still around
wow change topicreally very fast
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Originally posted by I'm back:
wow change topicreally very fast
adaptation, another thing for you to learn ya... -
Originally posted by angel7030:
adaptation, another thing for you to learn ya...
what talking you