Thursday, October 14, 2010

How to produce billionaires

It is easy to produce billionaires. Singapore has shown how it can be done easily. Read this secret!
www.tankinlian.com/latest.aspx

Direct link to article.

3 comments:

John YS said...

but on the other hand, if the rich are being taxed too heavily, they will just take their business (which is a lot of zeroes) and invest elsewhere.

many countries are fighting for these rich people to invest in their countries.

i don't think singapore government can and willing to change its fundamental policies in the near future.

Tan Kin Lian said...

For those who are not used to satire, my article really meant that the easiest way to become a billionaire is to take money from many people, who becomes poorer!

Tan Kin Lian said...

Reply to John YS
We should tax the rich people who make the profit from Singapore, i.e. the lawyers, accountants, bankers, corporate CEOs, etc.

We should forget about attracting rich people to come to Singapore, because it is cheating other countries of their tax revenue. Anyway, we don't get much tax revenue from them, as these people enjoy all types of tax exemptions and concessionary tax rates.

We should be more honest in our dealings with other countries.

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