spin doctors..coming real soon.
posted by James Tan at 6:12 PM
Tuesday, November 14, 2006
Previous Posts
- 7% GST..round the corner
- parliament-round 0ne
- Talk the talk..walk the walk..
- Prehistoric penal code on sex... http://www.int.io...
- More laws http://www.channelnewsasia.com/stories/...
- Another ranking.. http://www.channelnewsasia.com/...
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- parliament tonight....
6 Comments:
Hi
Where is it showing ah?
Akan datang!
The MSM and their associates , the MIW ( or is it the other way around?), master spinners..
( sounds like a good theme for a fantasy novel, ala Raymond Feist etc)
ha ha
Dr.Huang
3:36 AM
Now THAT was funny. Excellent job.
But I think the Straits Times spindocs are kids compared to the ones at Fox News.
:)
Hades the Evil Atheist
www.evilatheist.com
7:52 AM
Spin! More Spin! Extra Spin!
*Turns up the Laundry machine's knob*
Cheers,
Hou
12:49 PM
yup... I believe the mainstream media supports many of the technqiues imposed by the MIW like what Josephn Goebbels did in Nazi Germany.
http://en.wikipedia.org/wiki/Joseph_Goebbels
On with the reich of the MIW.
7:23 PM
you forgot spin lawyers,spin academics and spinach!
2:39 PM
For those residing in Singapore...(this was sent to me by an ex-auditor)
Example 1
In 2006, if after rebates etc and your net taxable income is $60,000, the income tax you need to pay is $2,700 (8.75%). If you spend $800 a month on needed goods and services, the GST paid for 5% will be $480 Total=$3,180 in
Tax paid.
In 2007, if after rebates etc and your net taxable income is $60,000, the income tax you need to pay is $2,600 (8.50%). If you spend $800 a month on needed goods and services, the GST paid for 7% will be $672 Total=$3,272 in
Tax paid.
From $3,180 to $3,272, the effective increase is 2.89%.
Example 2
In 2006, if after rebates etc and your net taxable income is $400,000, the income tax you need to pay is $61,650 (21%). If you spend $4,000 a month on needed goods and services, the GST paid for 5% will be $2,400 Total=$64,050 in Tax paid.
In 2007, if after rebates etc and your net taxable income is $400,000, the income tax you need to pay is $58,700 (20%). If you spend $4,000 a month on needed goods and services, the GST paid for 7% will be $3,360 Total=$62,060 in Tax paid.
From $64,050 to $62,060, the effective decrease is -3.11%.
Example 3
In 2006, if after rebates etc and your net taxable income is $25,000, the income tax you need to pay is $187.50 (3.75%). If you spend $800 a month on needed goods and services, the GST paid for 5% will be $480 Total=$667.50
in Tax paid.
In 2007, if after rebates etc and your net taxable income is $25,000, the income tax you need to pay is $175 (3.5%). If you spend $800 a month on needed goods and services, the GST paid for 7% will be $672 Total=$847 in
Tax paid.
From $667.50 to $847, the effective increase is 26.89%.
The fact is: The poorer you are the more the GST is going to make you poorer
6:42 PM
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