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Xi Jinping : It is time to distribute their wealth...
justdoit2

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#31

22-08-2021, 10:50 PM
(22-08-2021, 12:33 PM)pervertosan Wrote:  but that is exactly what drives innovation and invention…you remove the incentive you lessen the motivation

Yes, sharing of wealth is correct but it must be done carefully so as not to kill the motivation to excel that generate the wealth in the first place.
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1shot1kil

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#32

23-08-2021, 02:35 PM
Interesting to see what long term effect will be on tech industry. May drive more startups to Singapore.
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dynamite

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#33

23-08-2021, 02:52 PM
(22-08-2021, 01:31 PM)pervertosan Wrote:  who dare ask this question

What about Jackie chan? Stephen chow?
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cityhantam

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#34

13-11-2021, 03:49 PM

中國大陸朝「共同富裕」邁進 陳鳳馨：恆大問題已到最後收拾階段【Yahoo TV】#風向龍鳳配
(This post was last modified: 13-11-2021, 03:49 PM by cityhantam.)
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Niubee

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#35

13-11-2021, 04:14 PM
(22-08-2021, 12:15 PM)sgbuffett Wrote:  I thought how to do this is well established its  callied corporate tax.

Your stupid brain only know one way thru tax and pass the responsibility to Govt. This distribution is everyone responsibilities to be effective. 

Your stupid brain is living in a story world. Walk out of yr small world.

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Yin yang

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#36

13-11-2021, 04:20 PM
He is setting an excellent model of income equality to the rest of the world..

Actuslly , this is one of basic communist ideals to have a more equalitarian society..

A big happy family sharing all the trials tribulations of life..
He's going to b the supreme leader indefinitely if he cud realise this tough task.
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debono

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#37

13-11-2021, 04:50 PM
(23-08-2021, 02:35 PM)1shot1kil Wrote:  Interesting to see what long term effect will be on tech industry. May drive more startups to Singapore.

All those foreign investors has turned their wealth and industries to India, for a cheaper labour and more stable govt.... Laughing
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lionkingch55

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#38

13-11-2021, 05:02 PM
(22-08-2021, 12:00 PM)Blasterlord2 Wrote:  A step in the right direction, but it'll be very difficult to execute. Human greed is innate and people will just want more and more. They'll just find creative ideas of hoarding wealth.

The number one pre occupation of the rich now is how to move their wealth out if they haven't done so.
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Instinct

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#39

13-11-2021, 05:04 PM
Basically it means he wants to tax the rich more. 👍 It's a step in the right direction. China will be great if they can do it well for countries to emulate. What will happen when LHL meet Xi?
(This post was last modified: 13-11-2021, 05:10 PM by Instinct.)
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debono

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#40

13-11-2021, 05:54 PM
(13-11-2021, 05:04 PM)Instinct Wrote:  Basically it means he wants to tax the rich more. 👍 It's a step in the right direction. China will be great if they can do it well for countries to emulate. What will happen when LHL meet Xi?

When LHL meets Xi JP, and they discuss about remuneration of him and LHL then LHL will have to reveal that he earns about $2.2 million annually and that is excluding a MP allowance of $16K per month.  If Xi JP were to compare his income to that of our PM Lee, he will be grossly jealous.... Rotfl
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Bigbluedot

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#41

13-11-2021, 07:53 PM
(22-08-2021, 12:15 PM)sgbuffett Wrote:  I thought how to do this is well established its  callied corporate tax.
Corporate rax is 30, 40% 0f the profits yearly. Common wealth is 80% of your total assets

Can see the difference?
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Niubee

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#42

13-11-2021, 08:05 PM
(13-11-2021, 04:50 PM)debono Wrote:  All those foreign investors has turned their wealth and industries to India, for a cheaper labour and more stable govt.... Laughing

Staple and stable corruption.  Clapping

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debono

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#43

13-11-2021, 10:20 PM
(13-11-2021, 08:05 PM)Niubee Wrote:  Staple and stable corruption.  Clapping

Anyway, those rich investors are looking towards India where they shift their wealth there...... Laughing
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Niubee

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#44

13-11-2021, 10:39 PM
(13-11-2021, 10:20 PM)debono Wrote:  Anyway, those rich investors are looking towards India where they shift their wealth there...... Laughing

They must tahan Indian accounting Clapping

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debono

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#45

13-11-2021, 10:47 PM
(13-11-2021, 10:39 PM)Niubee Wrote:  They must tahan Indian accounting Clapping

They must be willing to accept the Indian accounting....better than to have your riches being siphon into Xi JP's coffers..... Laughing
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Niubee

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#46

13-11-2021, 11:07 PM
(13-11-2021, 10:47 PM)debono Wrote:  They must be willing to accept the Indian accounting....better than to have your riches being siphon into Xi JP's coffers..... Laughing

Show proof. Don't slander...

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cityhantam

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#47

13-11-2021, 11:11 PM
(13-11-2021, 10:47 PM)debono Wrote:  They must be willing to accept the Indian accounting....better than to have your riches being siphon into Xi JP's coffers..... Laughing

Wow!

You can just make an accusation without any basis?  vomit
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