Monday, October 29, 2018

WOTC - Taxation system

I asked this question in the Wisdom of the Crowd:

Which taxation system do you prefer?

Here are the responses: (75 Votes)
79 % - Progressive income tax - high earners pay a higher rate of tax.
12 % - Smaller govt, less tax and less social benefits.
8 % - Tax on big ticket items, such as car and houses.
1 % - GST

See the pie chart at: 
http://www.wisdomofthecrowd.sg/chart.aspx?ID=957

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