DPM Wong: Cutting GST will increase business cost in SGP
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Originally posted by angel7030:
Aiyo, please lah, just ask yourself, HK got CPF or not, then come and talk to me lah.Seibei goondo and stubborn one lor, what a waste of your degree, pardon me.
wasting my degree? Won't be in USA then *shrugs*. I don't need to continuously delude others about opening pubs, talking to MPs, ministers, meeting top people, etc because I am confident in what I do, and what I have achieved.You are right, Hong Kong has no CPF, because it is NOT CALLED CPF.
It's called MPF, and the way it is implemented is different from CPF. The contribution rate is only 5%, unlike ours at 20%, but their ceiling of contribution is much higher than ours (Our max is $900 per month (20% of $4,500)), but for them its HK$10,000 per month (roughly more than US$1,000).
But in the end, both are retirement schemes.
What else is there to challenge that exposes your stupidity? You seemed to be clueless about everything, and yet want to challenge everyone with the "I know MPs, ministers, I open lots of pubs" lie.
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Originally posted by angel7030:
huh, how come lots of kaypoh here leh??? I am just hving a discussion with Soul and all other poor souls also join in...wha lau. Bias
This is not a place for you to boast and seek attention. People have eyes to read and brain to understand so they find that you ought to be told off. -
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Originally posted by angel7030:
Aiyo, please lah, just ask yourself, HK got CPF or not, then come and talk to me lah.Seibei goondo and stubborn one lor, what a waste of your degree, pardon me.
Why don't you question why HK does not have GST and Singapore has?Go bootlick lhl to get reply from him la.
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Originally posted by angel7030:
well, i am continuing didn't I, what is there to loose. Knowledge is not everything, selling laksa can also made millions ya. This is global economy, no more a knowledge one ya, you can have knowledge, but dun over depend on it, get the real fact at the real place.
You are continuing and the entire readers are asking you to "shut up" stop craping.....
It is true there are knowledge to be learned and evolved but most of the time you already closed off your mind.
As mention before you are nothing but a old broken down recorder....kept replaying what the newspaper published.....without any new insight nor input. U can't even deduce simple knowledge to the real world.....
As said.....
Woe are those who listen to you and Curse are those who bought what you said.
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Malaysia: GST Bill tabled, fierce debates expected
December 16, 2009
By Syed Jaymal Zahiid from The Malaysian Insider
The government today tabled a law to introduce a controversial Goods and Services Tax (GST) which it says is necessary to broaden the tax base but the opposition claims will be a burden on ordinary Malaysians.
Under the proposal, the government is looking at a GST rate of four per cent.
The GST will be replacing the current Sales and Services Tax (SST) system which the government claims is costing businesses and consumers more.
Finance Minister II Datuk Seri Ahmad Husni Hanadzlah later told reporters the government is estimating an increase of RM1 billion in tax collection or RM13 billion in total in the first year of the tax system’s implementation.
The SST had only managed to rake in RM12 billion and has also proven to have “inherent weaknesses”, Husni added.
The replacement of the SST with the GST will also see businesses save RM4 billion from GST while exporters, RM1.4 billion, he claimed.
The GST’s implementation will not be a stroll in the park for the government as it expects to face fierce opposition from political rivals who are already campaigning against its implementation.
Pakatan Rakyat has already set up an anti-GST task force which claims the implementation — when income growth has been stagnant — will only burden the electorate.
Husni, however, said there was no need for voters to worry about its implementation as the GST will exempt taxation on basic products like rice, vegetables, sugar, flour, cooking oil, fish, beef and chicken.
“Also small and medium enterprises with revenue below RM500,000 will be exempted from the GST,” he Husni.
Debate on the Bill will proceed in March next year. The government is expected to go on a major exercise next week to campaign for GST by explaining to the public the rationale for introducing the new tax.
The tabling of the GST Bill, however, did not proceed smoothly as Pakatan Rakyat (PR) lawmakers, who are opposed to its implementation, tried their best to delay proceedings.
Teluk Intan DAP parliamentarian M. Manogaran stood to object, saying that there were many other Bills left unresolved but his objection was shot down by Deputy Speaker Datuk Wan Junaidi Wan Jaafar.
The government plans to fully implement the GST in mid-2011. – The Malaysian Insider
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Originally posted by angel7030:
huh, how come lots of kaypoh here leh??? I am just hving a discussion with Soul and all other poor souls also join in...wha lau. Bias
MYOB
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Originally posted by soul_rage:
wasting my degree? Won't be in USA then *shrugs*. I don't need to continuously delude others about opening pubs, talking to MPs, ministers, meeting top people, etc because I am confident in what I do, and what I have achieved.You are right, Hong Kong has no CPF, because it is NOT CALLED CPF.
It's called MPF, and the way it is implemented is different from CPF. The contribution rate is only 5%, unlike ours at 20%, but their ceiling of contribution is much higher than ours (Our max is $900 per month (20% of $4,500)), but for them its HK$10,000 per month (roughly more than US$1,000).
But in the end, both are retirement schemes.
What else is there to challenge that exposes your stupidity? You seemed to be clueless about everything, and yet want to challenge everyone with the "I know MPs, ministers, I open lots of pubs" lie.
and MPF is taxable, our CPF is not taxable, given a 20% with another 13% from your employer off deductable, u think we pay higher tax or HK pay higher tax?? I hope they get the Employer contribution down, me pay until hei hei chuan liao.
ya lah, you very clever lah, me very stupid lah, happy??
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Obviously people are thinking they own this forum, if they dun wish to read my posts, nobody is going say they are stupid ya. There are many forumer out there, not only you people ya. Thank you.
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Originally posted by angel7030:
Obviously people are thinking they own this forum, if they dun wish to read my posts, nobody is going say they are stupid ya. There are many forumer out there, not only you people ya. Thank you.
True, but I believe a better word would have been
"There are SOME forumer out there, not only you people ya. Thank you."
A clique group of 2. So who's Clique group member 1 of 2?
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yeah.
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Originally posted by angel7030:
and MPF is taxable, our CPF is not taxable, given a 20% with another 13% from your employer off deductable, u think we pay higher tax or HK pay higher tax?? I hope they get the Employer contribution down, me pay until hei hei chuan liao.
ya lah, you very clever lah, me very stupid lah, happy??
hang on, your question was"Aiyo, please lah, just ask yourself, HK got CPF or not, then come and talk to me lah."
You were asking if HK has CPF or not. In no way were you talking about taxation.
If you can't even get your context right, you are a total failure. 17000+ posts of one-liners, fabricate lies of MPs ministers and pubs. What else is there to say about you?
*shrugs*
like I said, I don't care if you call me a nerd or whatever, it's way better than you, a perpetual liar of 17000+ postings.
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GST is a huge source of revenue... no way any government will remove it after they implement it . Its best form of taxation.. no kidding!
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Originally posted by Shotgun:
GST is a huge source of revenue… no way any government will remove it after they implement it . Its best form of taxation.. no kidding!
Money, money, money.
It's a rich man's world.
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Originally posted by light 123:
Malaysia: GST Bill tabled, fierce debates expected
December 16, 2009
By Syed Jaymal Zahiid from The Malaysian Insider
The government today tabled a law to introduce a controversial Goods and Services Tax (GST) which it says is necessary to broaden the tax base but the opposition claims will be a burden on ordinary Malaysians.
Under the proposal, the government is looking at a GST rate of four per cent.
(Key manual pls) http://www.asiasentinel.com/index.php?option=com_content&task=view&id=1239&Itemid=31
Malaysia cuts fuel subsidy (Written by Jed Yoong)
Wednesday, 04 June 2008 The half of Kuala Lumpur’s budget that was going to energy support is no longer sustainable ...
"hefty fuel subsidies that would have cost RM56 billion this year, about half of the government’s revenue."
...
So Malaysia can avoid GST if they reduce fuel subsidies. Singapore on the other hand, can start taxing diesel/ tax based on emissions in more taxes need be raised.