(Keyboard mess up early)
Well....since a few people complain about the high taxes here, I
feel that maybe I should show people these figures. This is not
intended to side with anyone. But just to show the figures. You can
be the judges.
Revenue figure for 2003 (In Millions)
Item Amount Percent
Income Tax $10,414 ( 42.3% )
Asset Taxes $1,243 ( 5.0% )
Motor Vehicles $1,290 ( 5.2% )
Custom duties $1,802 ( 7.3% )
Betting taxes $1,566 ( 6.4% )
Stemp duty $648 ( 2.6% )
GST $2,724 ( 11.1% )
Others $1,048 ( 4.3% )
Fees&Charges $3,587 ( 14.6% )
Other receipts $320 ( 1.3% )
Total $24,642
Note that the income tax refers to both individuals and
companies.
Interesting note: If the total tax amount is divided by the
population of 3.3M, then the tax per head is $7,700.