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10-07-2019, 01:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
PAP gahmen lost $2.6 billion p.a. for failure to tax PHV cars by mileage adequately.
Isn't it a very glaring loophole that PHV cars are all freeloading on Singapore road infrastructure given the fact that they all travel 9x the mileage of a normal family sedan car?
At an average depreciation of $8000 p.a. and not even including road taxes payable, each PHV car is thus short changing government coffers of $64,000 p.a. every year based on their road mileage travelled...
PAP gahmen lost $2.6 billion for failure to tax PHV cars proportionately/ adequately. (https://www.sammyboy.com/threads/pap-gahmen-lost-2-6-billion-for-failure-to-tax-phv-cars-proportionately-adequately.270667/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/pap-gahmen-lost-2-6-billion-for-failure-to-tax-phv-cars-proportionately-adequately.270667/).
PAP gahmen lost $2.6 billion p.a. for failure to tax PHV cars by mileage adequately.
Isn't it a very glaring loophole that PHV cars are all freeloading on Singapore road infrastructure given the fact that they all travel 9x the mileage of a normal family sedan car?
At an average depreciation of $8000 p.a. and not even including road taxes payable, each PHV car is thus short changing government coffers of $64,000 p.a. every year based on their road mileage travelled...
PAP gahmen lost $2.6 billion for failure to tax PHV cars proportionately/ adequately. (https://www.sammyboy.com/threads/pap-gahmen-lost-2-6-billion-for-failure-to-tax-phv-cars-proportionately-adequately.270667/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/pap-gahmen-lost-2-6-billion-for-failure-to-tax-phv-cars-proportionately-adequately.270667/).