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The income tax rates are not really low

Posted on: August 2, 2016 at 12:30:06 CT

Fat Drunk and Stupid MU

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M.O.B. Votes:

The tax rate is 10-13% but there is mandatory payroll tax scheme that takes 26% of your earnings and puts it into an account that can only be used for educdtion, housing, health and retirement. So in reality most people pay between 36-39%.

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MESSAGE THREAD

Obama Press Conference with PM Lee of Singapore - patriot MU - 8/2 10:59:48

Obama could learn a lot from Singapore - El-ahrairah STL - 8/2 11:10:09

Have you been to Singapore? - Ferg STL - 8/2 11:13:05

RE: Have you been to Singapore? - patriot MU - 8/2 12:43:58

Unfortunately not - El-ahrairah STL - 8/2 11:16:10

Low income tax rates - Ferg STL - 8/2 11:23:43

The income tax rates are not really low - Fat Drunk and Stupid MU

- 8/2 12:30:06

RE: Obama could learn a lot from Singapore - patriot MU - 8/2 11:10:48

I'm trying to think why a patriot would want a huge 'law - Evenflow MU - 8/2 11:14:46

Wait - You're a "Patriot Act" patriot. - Evenflow MU - 8/2 11:20:51

we don't have a law and order problem here - El-ahrairah STL - 8/2 11:13:34

he has come a long way since the days where - SuperTone MU

- 8/2 11:00:34