SG Talk
Xiao Lee on Reserves: Without them, GST would have to be 19% - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Xiao Lee on Reserves: Without them, GST would have to be 19% (/Thread-Xiao-Lee-on-Reserves-Without-them-GST-would-have-to-be-19)



Xiao Lee on Reserves: Without them, GST would have to be 19% - theold - 18-08-2023

In the absence of reserves, Singapore would have to double its Corporate Income Tax or more than double its income taxes or GST, which PM Lee estimated to be at least 10 percentage points more — not nine per cent, introduced next year, but 19 per cent (comparable to the VAT rates in Europe, for example).

Singapore Reserves Revealed interview with PM Lee: “Without them, GST would have to be 19%” (msn.com)


RE: Xiao Lee on Reserves: Without them, GST would have to be 19% - ODA TETSURO - 18-08-2023

Kaki gong, kaki song...


RE: Xiao Lee on Reserves: Without them, GST would have to be 19% - singlon - 18-08-2023

a simple matter of no revenues
made worse by the plandemic
becomes a tool of manupulation.
DOLA derivatives r in the Quadtrillions
pic a quadtrillion 1000Trillions
Globe GDP meaning i push to u u push tome DOLO only abt80T per year.
we r s i c k.