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View Full Version : 70% of Sinkies Pay No Tax And Still Receive At Least $8 Billion Every Year!


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01-02-2015, 08:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

http://therealsingapore.com/sites/default/files/styles/large/public/field/image/Screen%20Shot%202015-02-01%20at%205.33.27%20pm.png?itok=2p-hF48d
Quote:
Did you know that the top 30% of income earners in Singapore pay about 7.7 Billion of income taxes each year?

The other 70% pay ZERO.

So if you are part of this 70%, you are a net recipient of almost 8 billion dollars of transfers.

If you are part of the 30%, you are very fortunate to be a giver rather than a receiver.

No complaints either way.

Interesting factoid for sharing.

Former NMP Calvin Cheng

http://i.imgur.com/EfuB21g.png

http://therealsingapore.com/content/...pay-income-tax (http://therealsingapore.com/content/former-nmp-calvin-cheng-70-sporeans-do-not-pay-income-tax)


Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?199481-70-of-Sinkies-Pay-No-Tax-And-Still-Receive-At-Least-8-Billion-Every-Year!&goto=newpost).