Oxfam rejects Singapore defense of low taxes
#1
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WORLD NEWS
OCTOBER 10, 2018 / 6:32 PM / UPDATED AN HOUR AGO ~Jack Kim

SINGAPORE (Reuters) - Oxfam on Wednesday rejected Singapore’s defense of its low taxes after the NGO ranked the wealthy city state among the 10 worst-offending countries in fuelling inequality with its low-tax regime.

Oxfam’s Commitment to Reducing Inequality (CRI) index ranked Singapore 149th of 157, below Afghanistan, Algeria, and Cambodia, and marginally higher than Haiti, Nigeria and Sierra Leone.

The index assesses social spending, taxation and labor policies. It ranked Denmark, Germany and Finland as the top three.

Oxfam’s head of inequality policy, Max Lawson, said the impact of Singapore’s tax policy went beyond its borders, serving as a tax haven for the rich and big corporations.

“Singapore’s harmful tax practices mean that they are eroding the revenue of other countries in the region and globally, revenues that those countries could be investing in schools and hospitals,” Lawson told Reuters.

Singapore Social and Family Development Minister Desmond Lee said on Tuesday public service in terms of the standard of education and health care, as well as affordability of housing, spoke loudly about Singapore’s social policy accomplishments.

“Yes, the income tax burden on Singaporeans is low. And almost half the population do not pay any income tax,” Lee said in a statement.

“Yet, they benefit more than proportionately from the high quality of infrastructure and social support that the state provides,” he said. “In Oxfam’s view, Singapore’s biggest failing is our tax rates, which are not punitive enough.”

Lee also said 90 percent of Singaporeans owned their homes and home ownership was 84 percent even among the poorest 10 percent of households. “No other country comes close,” he said.

“We set out to achieve real outcomes for our people - good health, education, jobs and housing - rather than satisfy a collection of ideologically driven indicators.”

Editing by Nick Macfie
https://www.reuters.com/article/us-singa...SKCN1MK16V
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#2
10-10-2018 7:37 PM
XXX said:
[Image: 658250.jpeg]

WORLD NEWS
OCTOBER 10, 2018 / 6:32 PM / UPDATED AN HOUR AGO ~Jack Kim

SINGAPORE (Reuters) - Oxfam on Wednesday rejected Singapore’s defense of its low taxes after the NGO ranked the wealthy city state among the 10 worst-offending countries in fuelling inequality with its low-tax regime.

Oxfam’s Commitment to Reducing Inequality (CRI) index ranked Singapore 149th of 157, below Afghanistan, Algeria, and Cambodia, and marginally higher than Haiti, Nigeria and Sierra Leone.

The index assesses social spending, taxation and labor policies. It ranked Denmark, Germany and Finland as the top three.

Oxfam’s head of inequality policy, Max Lawson, said the impact of Singapore’s tax policy went beyond its borders, serving as a tax haven for the rich and big corporations.

“Singapore’s harmful tax practices mean that they are eroding the revenue of other countries in the region and globally, revenues that those countries could be investing in schools and hospitals,” Lawson told Reuters.

Singapore Social and Family Development Minister Desmond Lee said on Tuesday public service in terms of the standard of education and health care, as well as affordability of housing, spoke loudly about Singapore’s social policy accomplishments.

“Yes, the income tax burden on Singaporeans is low. And almost half the population do not pay any income tax,” Lee said in a statement.

“Yet, they benefit more than proportionately from the high quality of infrastructure and social support that the state provides,” he said. “In Oxfam’s view, Singapore’s biggest failing is our tax rates, which are not punitive enough.”

Lee also said 90 percent of Singaporeans owned their homes and home ownership was 84 percent even among the poorest 10 percent of households. “No other country comes close,” he said.

“We set out to achieve real outcomes for our people - good health, education, jobs and housing - rather than satisfy a collection of ideologically driven indicators.”

Editing by Nick Macfie
https://www.reuters.com/article/us-singa...SKCN1MK16V

Singaporean pay coe, gst etc. Cannot say low tax, OK?
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#3
No problem ...singapore is doing well lah...
Just like child who score 40% saying he did very well.

But pap policy is a failure right just look singapore's worse income gap among developed nations.


[Image: ZgvHn3k.png]
I, being poor, have only my dreams;
I will do my utmost to keep them alive.
Against tyrants and adversity, I will strive.
Together, a better future, we will realise......
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#4
Aya ,ignore Oxfarm lah ... Rolling on the flor laughing
[Image: 2dtrb6v.jpg]
[Image: 20r9tll.jpg]
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#5
10-10-2018 7:37 PM
XXX said:
[Image: 658250.jpeg]

WORLD NEWS
OCTOBER 10, 2018 / 6:32 PM / UPDATED AN HOUR AGO ~Jack Kim

SINGAPORE (Reuters) - Oxfam on Wednesday rejected Singapore’s defense of its low taxes after the NGO ranked the wealthy city state among the 10 worst-offending countries in fuelling inequality with its low-tax regime.

Oxfam’s Commitment to Reducing Inequality (CRI) index ranked Singapore 149th of 157, below Afghanistan, Algeria, and Cambodia, and marginally higher than Haiti, Nigeria and Sierra Leone.

The index assesses social spending, taxation and labor policies. It ranked Denmark, Germany and Finland as the top three.

Oxfam’s head of inequality policy, Max Lawson, said the impact of Singapore’s tax policy went beyond its borders, serving as a tax haven for the rich and big corporations.

“Singapore’s harmful tax practices mean that they are eroding the revenue of other countries in the region and globally, revenues that those countries could be investing in schools and hospitals,” Lawson told Reuters.

Singapore Social and Family Development Minister Desmond Lee said on Tuesday public service in terms of the standard of education and health care, as well as affordability of housing, spoke loudly about Singapore’s social policy accomplishments.

“Yes, the income tax burden on Singaporeans is low. And almost half the population do not pay any income tax,” Lee said in a statement.

“Yet, they benefit more than proportionately from the high quality of infrastructure and social support that the state provides,” he said. “In Oxfam’s view, Singapore’s biggest failing is our tax rates, which are not punitive enough.”

Lee also said 90 percent of Singaporeans owned their homes and home ownership was 84 percent even among the poorest 10 percent of households. “No other country comes close,” he said.

“We set out to achieve real outcomes for our people - good health, education, jobs and housing - rather than satisfy a collection of ideologically driven indicators.”

Editing by Nick Macfie
https://www.reuters.com/article/us-singa...SKCN1MK16V



still want to lie....lessees mean tenants not owner so in fact, homeownerships is extremely low in Singapore....sibeh no integrity Rolling on the flor laughing Rolling on the flor laughing Rolling on the flor laughing Rolling on the flor laughing
人正不怕影子歪
[+] 2 users Like HdbTEH's post
Quote
#6
10-10-2018 7:52 PM
sgbuffett said:
No problem ...singapore is doing well lah...
Just like child who score 40% saying he did very well.

But pap policy is a failure right just look singapore's worse income gap among developed nations.
[Image: ZgvHn3k.png]

[Image: ZgvHn3k.png]

U and your stupiq charts ..k#@ .
[Image: 2dtrb6v.jpg]
[Image: 20r9tll.jpg]
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#7
10-10-2018 7:37 PM
XXX said:
[Image: 658250.jpeg]

WORLD NEWS
OCTOBER 10, 2018 / 6:32 PM / UPDATED AN HOUR AGO ~Jack Kim

SINGAPORE (Reuters) - Oxfam on Wednesday rejected Singapore’s defense of its low taxes after the NGO ranked the wealthy city state among the 10 worst-offending countries in fuelling inequality with its low-tax regime.

Oxfam’s Commitment to Reducing Inequality (CRI) index ranked Singapore 149th of 157, below Afghanistan, Algeria, and Cambodia, and marginally higher than Haiti, Nigeria and Sierra Leone.

The index assesses social spending, taxation and labor policies. It ranked Denmark, Germany and Finland as the top three.

Oxfam’s head of inequality policy, Max Lawson, said the impact of Singapore’s tax policy went beyond its borders, serving as a tax haven for the rich and big corporations.

“Singapore’s harmful tax practices mean that they are eroding the revenue of other countries in the region and globally, revenues that those countries could be investing in schools and hospitals,” Lawson told Reuters.

Singapore Social and Family Development Minister Desmond Lee said on Tuesday public service in terms of the standard of education and health care, as well as affordability of housing, spoke loudly about Singapore’s social policy accomplishments.

“Yes, the income tax burden on Singaporeans is low. And almost half the population do not pay any income tax,” Lee said in a statement.

“Yet, they benefit more than proportionately from the high quality of infrastructure and social support that the state provides,” he said. “In Oxfam’s view, Singapore’s biggest failing is our tax rates, which are not punitive enough.”

Lee also said 90 percent of Singaporeans owned their homes and home ownership was 84 percent even among the poorest 10 percent of households. “No other country comes close,” he said.

“We set out to achieve real outcomes for our people - good health, education, jobs and housing - rather than satisfy a collection of ideologically driven indicators.”

Editing by Nick Macfie
https://www.reuters.com/article/us-singa...SKCN1MK16V

ideologically driven indicators is stupid. what the use when 90% of the population is poor.


.
Beware of PRC 50 cents in the Forum that undermine Singapore Sovereignty


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#8
Quote:Oxfam faces losing funding as crisis grows over abuse claims
Government threatens to end funding unless charity demonstrates ‘moral leadership’ over Haiti s.ex misconduct claims


Oxfam prostitution scandal: Charities report over 1,000 sexual abuse incidents every year, says regulator
Charity Commission says it was not told full story about behaviour of activists in aftermath of Haiti earthquake as scrutiny turns to other humanitarian organisations


Oxfam abuse scandal is built on the aid industry’s white saviour mentality
A century ago doctors began to take notice of a disturbing condition affecting white men in “the tropics”. These men, ....

.

Oxfam is an NGO run by low lives, perverts and liars etc .... if only people got eyes that can see .... Rolling on the flor laughing Rolling on the flor laughing Rolling on the flor laughing Rolling on the flor laughing
Everything will be alright in the end, so if it is not alright it is not yet the end ....

Keywords: TEST
[+] 1 user Likes ah pan's post
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#9
CB ang mo..... what do they know???? every1 equally poor is better???
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#10
Stupid index.
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