Property Tax to be Raised !!!

last SG · 2011-12-05T15:38:47+00:00

its property mah. they never say leasehold or freehold right. so law by law they nohting wrong mah

Demon Bane SG

Everything are rising except our salaries....

charlize SG

One crazy person do not set the amount, there need to be a significantly more number of crazy people willing to pay that amount. If the going rate is $10,000pm and at this rate, people still find it dificult to rent flat, and are willing to pay higher, then the property tax will reflect this $10,000 rental potential.

What do you thing is the market rate at present? You are allowed to challenge their rate if you do not agree with it. But you must in turn provide your rate and substiantiate it.

But how many people are renting out their units?

5% of all HDB dwellers?

50% of all HDB dwellers?

βέτά SG

In Australia owner occupied properties are tax exempt.

PAP just wants to milk more money from Singaporeans.

To PAP all Singaporeans looks like cows with large udders.

winsomeea SG

In the first place it is the people who gave them the mandate to do as they like. 60% voters are the givers of the mandate, it is considered strong support for a money sucking "govt". I believe these people love to be in the vicious cycle everyday to be sucked by the greedy shitty people in white clothing. Come next election, they vote them again.

The PAP acknowledges that times are turning bad at the same time without consideration for the people raise property tax. They are the only govt in the world that keeps making tons of money even in bad times. oh heaven, let there be severe cases happening to them to make them learn to treat us better!

charlize SG

By the way, you are also taxed for rental income when you do your annual income tax declarations.

Tax, tax, tax.

winsomeea SG

money money money, rich at all times, good times and bad times rich rich rich, up up on the way , rocket high wealth! Huat everyday!

You pay till you drop, they rich till they drop .....

mancha SG

But how many people are renting out their units?

5% of all HDB dwellers?

50% of all HDB dwellers?

Its property tax, not income tax. The rental potential is used as a guide for the taxing rate. It is actually some sort of a charge, like the conservancy charge, but since they called it property tax, it cause the confusion. They follow the British who introduced this "tax" to the world.

Bio-Hawk SG

Taxes were introduced by a female. No wonder it sucks.

winsomeea SG

Taxes were introduced by a female. No wonder it sucks.

Then all females should be killed!!!??????? hahahhahahahahahhahahah! Mothers are also females!!!!!!!!!!!!!!!!!!!!!!!!

βέτά SG

Since when you need to pay tax for owner occupied housing in UK or Australia?

Since PAP took power, they have made all efforts to milk the cows of Singapore.

Moo moo.......

Their taxes are more punitive than most other taxing regime.

winsomeea SG

The majority of people are always condoning milking from them. I don't 100 per cent blame them.

charlize SG

That is why many people are not happy because this "property tax" is based on "rental potential" but only a small % of hdb dwellers are renting out their units.

The rest are owner occupied.

mancha SG

Ha ha a sweeping statement.

Try googling taxes and learn more about it. And see if there are any good country that does not have taxes.

βέτά SG

That is why many people are not happy because this "property tax" is based on "rental potential" but only a small % of hdb dwellers are renting out their units.

The rest are owner occupied.

No rental income, yet you need to pay tax.

It's not like they are dishing out lots of social welfare that they need to source for more revenue.

winsomeea SG

welfare is a dirty word to PAP. Welfare reaps them of their wealth thru us.

βέτά SG

Ha ha a sweeping statement.

Try googling taxes and learn more about it. And see if there are any good country that does not have taxes.

1) UK & Australia has no property taxes on owner occupied residential properties compared to Singapore.

2) UK & Australia has more welfare services than Singapore.

Makes sense to you?

UK & Australia takes less from citizens yet provide more social welfare.

Who said anything about any country not having taxes?

Stop putting words in my mouth to put yourself in a more advantageous ground.

Surely you understand the meaning of "Their taxes are more punitive than most other taxing regime. "?

It does not mean that there are no taxing regime in the world.

charlize SG

Ha ha a sweeping statement.

Try googling taxes and learn more about it. And see if there are any good country that does not have taxes.

Can tax but must be valid lah.

I not trying to argue for the sake of arguing.

But you must see why so many people starting to kpkb.

winsomeea SG

1) UK & Australia has no property taxes on owner occupied residential properties compared to Singapore.

2) UK & Australia has more welfare services than Singapore.

Makes sense to you?

UK & Australia takes less from citizens yet provide more social welfare.

Who said anything about any country not having taxes?

Stop putting words in my mouth to put yourself in a more advantageous ground.

Surely you understand the meaning of "Their taxes are more punitive than most other taxing regime. "?

It does not mean that there are no taxing regime in the world.

mancha SG

1) UK & Australia has no property taxes on owner occupied residential properties compared to Singapore.

2) UK & Australia has more welfare services than Singapore.

Makes sense to you?

UK & Australia takes less from citizens yet provide more social welfare.

Who said anything about any country not having taxes?

Stop putting words in my mouth to put yourself in a more advantageous ground.

Surely you understand the meaning of "Their taxes are more punitive than most other taxing regime. "?

It does not mean that there are no taxing regime in the world.

"It does not mean that there are no taxing regime in the world. " since you say this what is your beef about taxes?

Those countries have other taxes that are higher than and more punitive than Singapore's. What is their income tax rate? How much is their VAT? (Their GST)

My income tax is only a few hundred dollars, per year, and this I don't pay because my dividends tax cover it ,and I have some refund somemore.

"Their taxes are more punitive than most other taxing regime" This is more your emotional feeling than it is fact.

βέτά SG

"It does not mean that there are no taxing regime in the world. " since you say this what is your beef about taxes?

Those countries have other taxes that are higher than and more punitive than Singapore's. What is their income tax rate? How much is their VAT? (Their GST)

My income tax is only a few hundred dollars, per year, and this I don't pay because my dividends tax cover it ,and I have some refund somemore.

"Their taxes are more punitive than most other taxing regime" This is more your emotional feeling than it is fact.

Don't forget citizens in these countries make afew times that of Singaporeans, if you do a GDP per capita comparison.

Income taxes are taxed on a marginal tax rate basis, the more you make, the more you are being taxed. So the poorer folks are still not taxed punitively like Singapore, which have a GST but provide ZERO social welfare to it's citizens.

How much does a McDonald's staff make in Australia? AUD15? How much does a Singapore McDonald's staff make?

What is the VAT or GST of Australia?

GST in Australia is exempt on basic necessities like books, medicine and staples. Whereas Singapore's GST is applied broadly on all goods.

What about COE and ERP?

Why are there so much avenues of taxes? With so little expenditure on social welfare. Why is there a need to over burdenly tax her citizens, so as to build up a reserve and frivolously invest in overseas company based on cronyism?

Is there medical welfare in Singapore?

You can't justify that a country has a more punitive taxing regime based solely on it's taxes, you need to look at it's expenditure on social welfare too.

Singapore's gist is to tax as much as possible from it's citizens, spend as little as possible on social welfare and pay themselves a big fat paycheck.

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