Is it time to reintroduce some form of inheritance tax - and could it help address wealth inequality in Singapore?
Read the commentary:
https://cna.asia/3LiDT4s
This is bad news. Worse than 100% absd
With 'u will own Nothing and beri happy'
already a beri heavy burden
witness haarp fire....a process we know coming from dat direction
they blame CO2 for climate change
we know plants take in carbon dioxide
and other works like identifying total energy of the sun falling on earth and our intakes
...knowing earth core is contributing to the heating at present
climate is actually a quest to save the Dola
king charles has returned to his German roots
city of London palace is now guarded by Gurkhas
how dare u lauhiong
Dont be a fool lah.
They have already removed the estate duty.
They will tell you the rich will run road.
(01-05-2023, 06:37 AM)Bigiron Wrote: [ -> ]Is it time to reintroduce some form of inheritance tax - and could it help address wealth inequality in Singapore?
Read the commentary:
https://cna.asia/3LiDT4s
Progressive taxes are better to do rather than keep increasing regressive taxes like gst. Estate duty was removed suddenly not because of the dumb excuse that the rich will run road which they want the dumbfark to believe. There are also other progressive which they can increase but they keep dragging their feet.
inheritance tax affected many rich and elite familee can't implement.
MIW will say too complicated to implement but will consider maybe 100 years later
Later, like in Japan. 33%. The properties become valueless. Mostly, did not pass through 3 generations. Most of the landlords were already dead very long ago. Nobody declares, and nobody pays the inheritance tax. The future generations continue to stay there. But if there are rich people who keep piling up, it will still rise.