Think now. . .VAT was not "gain" for merchants in the first place. . .it was gain for government only!! So if government remove, lower or raise VAT it will not affect the profit margin of the collector. . .his/her profit margin remains constant. . .so why would they raise prices. . .their out remains the same. . .they need no new output to meet the new requirements??? Now I would agree with you that the VAT lowing is a political ploy. . .move it from one place and put it on another place. . .old political tricks as usual. . .it just my personal feelings not that is what they did. . .it is just my suspicions!
The American national debt has long pass went higher than it DSR. . .in fact most developed nations has done so long years ago!! So high debt do not equal lowing living standards. . .one would expect that principle to be the logical conclusion of a nation piling on more debt year after year. . .but the data show that not to be the hard and fast reality!!
One problem I have with what you post. . .public workers collect more government vat than private persons. . .the most mix-up in vat collection is in the private sector. . .not because they "tief". . .but them sticking to submission schedules. . .private sector submission and government reimbursements for collecting and submission of government tax is creating one big mess! They are in-point-of-fact are also "working" for government by using their own resources to collect government money for it. . .and government is not giving them the promised "pay out" for working for it. . .this mess may come to head soon. . .there lays the biggest hiccup in the VAT saga.
Cynicism I see plenty from you. . .now what was that other thing there so?. . .that you show little of? This budget is excellent for long-term growth. . .watch how the world bodies smile at us. . .yall always talking about how Lee Quan U turned that little dank country into a wold power house of economic growth!! Welcome to how Singapore did it. . . change ya poor business habits and lets see what happens. . .
This budget is aimed just for them man. . .more money going into their pockets!! Fiscal responsibility is the theme of this budget. . .it's about damn time government act for our future than their next election. . .doc don't care what yinna whine about. . .his government will fix things and then yinna can vote him out next election if ya want. . .perhaps yinna can elect PLP or DNA like their hacks on this site!!
You know the only persons here who get "jooked" is the gaming boys!! You focused on the VAT. . .but how conveniently you forget them other decreases. . .this the poor peoples tax time. . . they are the bigger voting bloc. . .
I don't see him/her as smart. . .that buffoonish political sham don't like to tell truth. . .but I ger wait until these settle down and use their brains rather their hates!!
Why do you two ever take part in any dialogue because you go "off half cocked" talking all kind of nonsense. . .most not even connected to the subject?
licks2 says...
Think now. . .VAT was not "gain" for merchants in the first place. . .it was gain for government only!! So if government remove, lower or raise VAT it will not affect the profit margin of the collector. . .his/her profit margin remains constant. . .so why would they raise prices. . .their out remains the same. . .they need no new output to meet the new requirements??? Now I would agree with you that the VAT lowing is a political ploy. . .move it from one place and put it on another place. . .old political tricks as usual. . .it just my personal feelings not that is what they did. . .it is just my suspicions!
On Ouch! Peter turns the screw on VAT
Posted 31 May 2018, 8:13 p.m. Suggest removal
licks2 says...
The American national debt has long pass went higher than it DSR. . .in fact most developed nations has done so long years ago!! So high debt do not equal lowing living standards. . .one would expect that principle to be the logical conclusion of a nation piling on more debt year after year. . .but the data show that not to be the hard and fast reality!!
On Ouch! Peter turns the screw on VAT
Posted 31 May 2018, 8:05 p.m. Suggest removal
licks2 says...
One problem I have with what you post. . .public workers collect more government vat than private persons. . .the most mix-up in vat collection is in the private sector. . .not because they "tief". . .but them sticking to submission schedules. . .private sector submission and government reimbursements for collecting and submission of government tax is creating one big mess! They are in-point-of-fact are also "working" for government by using their own resources to collect government money for it. . .and government is not giving them the promised "pay out" for working for it. . .this mess may come to head soon. . .there lays the biggest hiccup in the VAT saga.
On Ouch! Peter turns the screw on VAT
Posted 31 May 2018, 7:58 p.m. Suggest removal
licks2 says...
Cynicism I see plenty from you. . .now what was that other thing there so?. . .that you show little of? This budget is excellent for long-term growth. . .watch how the world bodies smile at us. . .yall always talking about how Lee Quan U turned that little dank country into a wold power house of economic growth!! Welcome to how Singapore did it. . . change ya poor business habits and lets see what happens. . .
On BUDGET: VAT to rise from 7.5 percent to 12 percent
Posted 30 May 2018, 6:43 p.m. Suggest removal
licks2 says...
4.5 cents more per gallon
On BUDGET: VAT to rise from 7.5 percent to 12 percent
Posted 30 May 2018, 6:28 p.m. Suggest removal
licks2 says...
This budget is aimed just for them man. . .more money going into their pockets!! Fiscal responsibility is the theme of this budget. . .it's about damn time government act for our future than their next election. . .doc don't care what yinna whine about. . .his government will fix things and then yinna can vote him out next election if ya want. . .perhaps yinna can elect PLP or DNA like their hacks on this site!!
On BUDGET: VAT to rise from 7.5 percent to 12 percent
Posted 30 May 2018, 6:24 p.m. Suggest removal
licks2 says...
Do you ever think anything except politics??
On BUDGET: VAT to rise from 7.5 percent to 12 percent
Posted 30 May 2018, 6:13 p.m. Suggest removal
licks2 says...
You know the only persons here who get "jooked" is the gaming boys!! You focused on the VAT. . .but how conveniently you forget them other decreases. . .this the poor peoples tax time. . . they are the bigger voting bloc. . .
On BUDGET: VAT to rise from 7.5 percent to 12 percent
Posted 30 May 2018, 6:10 p.m. Suggest removal
licks2 says...
I don't see him/her as smart. . .that buffoonish political sham don't like to tell truth. . .but I ger wait until these settle down and use their brains rather their hates!!
On BUDGET: VAT to rise from 7.5 percent to 12 percent
Posted 30 May 2018, 6:01 p.m. Suggest removal
licks2 says...
Why do you two ever take part in any dialogue because you go "off half cocked" talking all kind of nonsense. . .most not even connected to the subject?
On Henfield’s ‘no’ on spy bill vote
Posted 30 May 2018, 12:45 p.m. Suggest removal