Saturday, October 24, 2020

Difference between sales tax and GST

 Many people does not know the difference between a sales tax and GST.


The difference is very big. One is efficient. The other is costly.

I am in favor of a sales tax. I am against a GST that is collected in "bits and pieces".

I explain the difference here.

3 comments:

  1. Quotes from the conventional-
    The best minds are not in government. If any were, business would steal them away. – Ronald Reagan


    Either you repeat the same conventional doctrines everybody is saying, or else you say something true, and it will sound like it's from Neptune.


    No one has a monopoly on truth, and science continues to advance. Yesterday's heresies may be tomorrow's conventional wisdom.


    The best minds are not in government. If any were, business would steal them away. – Ronald Reagan


    People should think things out fresh and not just accept conventional terms and the conventional way of doing things.


    I had sort of given up on conventional journalism. I found it far too restrictive.


    “You don't need more space. You need less stuff."


    "Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort."


    The best minds are not in government. If any were, business would steal them away. – Ronald Reagan


    "Simplicity boils down to two steps: Identify the essential. Eliminate the rest."


    "Time is not refundable; use it with intention."


    "It is not the strongest of the species that survive, nor the most intelligent, but the ones most responsive to change." -


    The best minds are not in government. If any were, business would steal them away. – Ronald Reagan






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    ReplyDelete
  3. Young couples had to wait years for their BTO.

    Lands were sold to private developers for coffers.

    Only some new private ones are selling. Others are only droplets sales.

    Money and time are wasted for the people due to their mismatched.

    The kind of awkward leaders we have today. Pui.

    ReplyDelete