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View Full Version : Former nmp calvin cheng (aka fap attack dog): 70% of s'poreans do not pay income tax


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02-02-2015, 01:20 AM
An honorable member of the Coffee Shop Has Just Posted the Following:

FORMER NMP CALVIN CHENG: 70% OF S'POREANS DO NOT PAY INCOME TAX

Post date:
1 Feb 2015 - 5:34pm


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 (http://therealsingapore.com/sites/default/files/field/image/Screen%20Shot%202015-02-01%20at%205.33.27%20pm.png)





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.

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






Calvin Cheng
*Article first appeared on http://g$$$$$l/cpp5ph



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