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View Full Version : Wealth tax - Will it affect property market if really implemented



Icorpion
02-11-21, 20:46
I think this may impact property markets if apply to multiple properties owners.

https://www.straitstimes.com/singapore/politics/parliament-wp-mp-jamus-lim-proposes-wealth-tax-of-05-to-2-per-cent-on-the-richest?utm_campaign=stfb&utm_medium=social&utm_source=facebook

Arcachon
02-11-21, 21:11
I think this may impact property markets if apply to multiple properties owners.

https://www.straitstimes.com/singapore/politics/parliament-wp-mp-jamus-lim-proposes-wealth-tax-of-05-to-2-per-cent-on-the-richest?utm_campaign=stfb&utm_medium=social&utm_source=facebook

When a person can't create wealth, he will be good in taxing the rich.

The Rich know how to avoid tax because they got time and can buy time of others to look for ways to avoid tax.

The poor can only hope for the best.

MTB will always MTB whether the property market is up or down,

Bbfa
02-11-21, 23:13
Did restricting supply of COE affect the vehicle market? You tell me :)