PAP MPs rebut Workers' Party Chairman

likeyou SG

The recent political debate where it touches on gst and tharman once again told the opposition that gst increases is to tax the rich more and then help the poor while poor buy less, tax less.

Why not reduce the gst and have extra gst only or high class hobbies or goods or dinning? That is the place where high class pple ply.

Nelstar SG

The recent political debate where it touches on gst and tharman once again told the opposition that gst increases is to tax the rich more and then help the poor while poor buy less, tax less.

Why not reduce the gst and have extra gst only or high class hobbies or goods or dinning? That is the place where high class pple ply.

It is difficult to classify. In fact, it creates divide.

We can look from another point. Introduction to scalable tax from 1% to 20%

Below is an example:

Items below $50 are taxed 1%
Items above $50 to $200 are taxed 3%
Items above $200 to $1000 are taxed 7%
Items above $1000 to $5000 are taxed 15%
Items above $5000 are taxed 20%

While most people cannot avoid the taxations, it is a rather interesting implementation.

So on and so forth. However, this poses a challenge for most standard POS systems and the tax collecting systems.

reyes SG

It is difficult to classify. In fact, it creates divide.

We can look from another point. Introduction to scalable tax from 1% to 20%

Below is an example:

Items below $50 are taxed 1%
Items above $50 to $200 are taxed 3%
Items above $200 to $1000 are taxed 7%
Items above $1000 to $5000 are taxed 15%
Items above $5000 are taxed 20%

While most people cannot avoid the taxations, it is a rather interesting implementation.

So on and so forth. However, this poses a challenge for most standard POS systems and the tax collecting systems.

If GST is not reduce for necessity items, the divide is more widen.

your proposal seem sound but i agree that implementation is very very hard job not only for the retailers, consumers but also tax man.

mrObjective SG

It is difficult to classify. In fact, it creates divide.

We can look from another point. Introduction to scalable tax from 1% to 20%

Below is an example:

Items below $50 are taxed 1%
Items above $50 to $200 are taxed 3%
Items above $200 to $1000 are taxed 7%
Items above $1000 to $5000 are taxed 15%
Items above $5000 are taxed 20%

While most people cannot avoid the taxations, it is a rather interesting implementation.

So on and so forth. However, this poses a challenge for most standard POS systems and the tax collecting systems.

sound good. but i guess they will, like what you said, give all sorts of excuse on the implementation. when collecting taxes, they can crack their heads to think of all the first in this world methods like electronic road pricing & COE and if you remember when gst is first introduced, they go through the trouble to mint lots of 1 cent & 5 cent coins. but when it is to collect less tax, the same fervour is suddenly missing.

likeyou SG

It is difficult to classify. In fact, it creates divide.

We can look from another point. Introduction to scalable tax from 1% to 20%

Below is an example:

Items below $50 are taxed 1%
Items above $50 to $200 are taxed 3%
Items above $200 to $1000 are taxed 7%
Items above $1000 to $5000 are taxed 15%
Items above $5000 are taxed 20%

While most people cannot avoid the taxations, it is a rather interesting implementation.

So on and so forth. However, this poses a challenge for most standard POS systems and the tax collecting systems.

A good idea to tax the rich more to help the poor.

Will they review? No, they wont. They wont even want to hear the suggestions.

They only hear from their own scholars horse mouth.

likeyou SG

Below is an example:

Items below $50 are taxed 1%
Items above $50 to $200 are taxed 3%
Items above $200 to $1000 are taxed 7%
Items above $1000 to $5000 are taxed 15%
Items above $5000 are taxed 20%

++++++++++++++

One problem Nel, pple might split up their spending receipts especially clothing or spending on staple foods.

mrObjective SG

the splitting up of expenses will actually benefit those with time to spare. which includes the middle income group. the rich ones will not bother to go through such hassles. but anyway, i did not really crack my head to anticipate any problems with this, it is already kind of you all to offer solutions without getting paid for it and which may eventually be used in some ways or other by some others while telling you that yours is not feasible because of this or that.

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