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    On GST

    Scheduled Pinned Locked Moved Money Matters
    57 Posts 12 Posters 14.8k Views 1 Watching
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    • W Offline
      Way2GO
      last edited by

      HyperKiasu:
      DesertWind:

      [quote=\"Way2GO\"] Income tax is only dependent on one’s income level. U don’t pay GST if u don’t consume or use any service.


      True. But since this is impossible, to me it is double-taxation. One will pay both income tax and consumption tax on goods & services.
      πŸ˜‰

      er...then property tax we paid is also double-taxation? :?
      i m a bit confused....
      i only know income tax, GST, property tax....are different sources of tax base.... :D[/quote]Me think me beginning to see DesertWind's point.
      Since she is oredi paying income tax, any other tax is extraneous in her view n considered double taxation.
      tio bo, DesertWind?

      1 Reply Last reply Reply Quote 0
      • W Offline
        Way2GO
        last edited by

        HyperKiasu:
        btw, there is no GST in HK (years ago, the proposal for GST implementation was abandoned due to wide public hostility) πŸ˜‰

        Would dis happen in SG? d voices of d constituents I mean, or is it always pappy knows best?

        1 Reply Last reply Reply Quote 0
        • starlight1968sgS Offline
          starlight1968sg
          last edited by

          Way2GO:
          HyperKiasu:

          [quote=\"DesertWind\"]
          True. But since this is impossible, to me it is double-taxation. One will pay both income tax and consumption tax on goods & services.
          πŸ˜‰

          er...then property tax we paid is also double-taxation? :?
          i m a bit confused....
          i only know income tax, GST, property tax....are different sources of tax base.... πŸ˜„

          Me think me beginning to see DesertWind's point.
          Since she is oredi paying income tax, any other tax is extraneous in her view n considered double taxation.
          tio bo, DesertWind?[/quote]DesertWind, I mentioned a similar point earlier.
          Suppose one earns 100k and said he paid xk for income tax. So 100k - xk is the leftover ie after tax money.
          Surely he will spend some of this leftover on food, services etc and this attracts GST.
          Isn't this double tax?
          Somebody (forgot who) mentioned my way of thinking does not seem ok.
          Anyway, tax is something which we can't change! :x

          1 Reply Last reply Reply Quote 0
          • W Offline
            Way2GO
            last edited by

            LKVM:

            Yes I too think its double taxation
            Care to elaborate?

            1 Reply Last reply Reply Quote 0
            • H Offline
              HyperKiasu
              last edited by

              starlight1968sg:
              Way2GO:

              [quote=\"HyperKiasu\"]
              er...then property tax we paid is also double-taxation? :?
              i m a bit confused....
              i only know income tax, GST, property tax....are different sources of tax base.... πŸ˜„

              Me think me beginning to see DesertWind's point.
              Since she is oredi paying income tax, any other tax is extraneous in her view n considered double taxation.
              tio bo, DesertWind?

              DesertWind, I mentioned a similar point earlier.
              Suppose one earns 100k and said he paid xk for income tax. So 100k - xk is the leftover ie after tax money.
              Surely he will spend some of this leftover on food, services etc and this attracts GST.
              Isn't this double tax?
              Somebody (forgot who) mentioned my way of thinking does not seem ok.
              Anyway, tax is something which we can't change! :x[/quote]tax rate can be changed...xixi... πŸ˜›

              1 Reply Last reply Reply Quote 0
              • H Offline
                HyperKiasu
                last edited by

                Way2GO:
                HyperKiasu:

                btw, there is no GST in HK (years ago, the proposal for GST implementation was abandoned due to wide public hostility) πŸ˜‰


                Would dis happen in SG? d voices of d constituents I mean, or is it always pappy knows best?

                the public hostility not widespread enuf ? πŸ˜‰

                1 Reply Last reply Reply Quote 0
                • W Offline
                  Way2GO
                  last edited by

                  starlight1968sg:
                  DesertWind, I mentioned a similar point earlier.

                  Suppose one earns 100k and said he paid xk for income tax. So 100k - xk is the leftover ie after tax money.
                  Surely he will spend some of this leftover on food, services etc and this attracts GST.
                  Isn't this double tax?
                  Somebody (forgot who) mentioned my way of thinking does not seem ok.
                  Anyway, tax is something which we can't change! :x
                  On d face of it, it does look like a person is taxed twice on d same income.
                  But it could be argued dat not ALL of one's income is taxed;
                  n wat about those who don't pay income tax but pays GST for goods n services;
                  how can one reconcile dat d same GST tax is double tax to one n not to another?

                  1 Reply Last reply Reply Quote 0
                  • W Offline
                    Way2GO
                    last edited by

                    HyperKiasu:
                    Way2GO:

                    [quote=\"HyperKiasu\"]btw, there is no GST in HK (years ago, the proposal for GST implementation was abandoned due to wide public hostility) πŸ˜‰


                    Would dis happen in SG? d voices of d constituents I mean, or is it always pappy knows best?

                    the public hostility not widespread enuf ? πŸ˜‰[/quote]hahaha, careful now πŸ˜‰

                    1 Reply Last reply Reply Quote 0
                    • starlight1968sgS Offline
                      starlight1968sg
                      last edited by

                      HyperKiasu:
                      tax rate can be changed...xixi... πŸ˜›

                      Yes, the rate can be changed but doubt will change much because this money is needed for many things.
                      In life, only death and tax are confirmed.

                      1 Reply Last reply Reply Quote 0
                      • DesertWindD Offline
                        DesertWind
                        last edited by

                        Way2GO:
                        Me think me beginning to see DesertWind's point.

                        Since she is oredi paying income tax, any other tax is extraneous in her view n considered double taxation.
                        tio bo, DesertWind?
                        Yes, one thing I am sure all of us agree, whatever definition it is, it is PAY and PAY!

                        Heh..heh!
                        πŸ˜›

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