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Old 20-02-2019, 10:40 PM
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Thumbs up The curious case of missing wealth taxes in Singapore

An honorable member of the Coffee Shop Has Just Posted the Following:

It should come as no surprise to anyone that the Budget Statement of 2019 did not introduce any new taxes on wealth in Singapore nor raise the rates of the few existing wealth taxes.

We should also not be surprised if no Member of Parliament suggests raising taxes on wealth in the budget debate to follow. This is an indication of how dominant or hegemonic Singapore's pro-capital stance is — that even in a Budget that is presented as a socially progressive one, no one is likely to question...

The curious case of missing wealth taxes in Singapore


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