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I strongly disagree, the rich have an enormous power to invest and buying power, so if they hear this piece of news this might lead them to leave Singapore, this thus affects the economy.

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i disagree because people studied hard from young and when they grow up, they found a good job with a high paying salary. There may be some who owns a business and charge much higher than what the cost of sales is, which might be unfair for the consumer.

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In society, everyone should be treated equally. Some of the rich already put in a lot of effort to be able to obtain their status. Thus, having to pay higher taxes is a form of disrespect to their hard work

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This is not fair as not everybody in the country is given the same treatment.The rich have gained their wealth through their hard work. They will have most likely endured an additional few years of education and have been in their jobs for many years to be at the top 1.2% of the country. Punishing people for earning a lot of money through hard work might deter people pursuing a higher education or working overtime as they know that they will not be able to reap the full rewards of their hard work.

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i strongly disagree as i feel that people work very hard to get to where they are and it is not fair that they have to pay more when they earn more. if you possess more properties you have to pay more, people might choose to own less or a cheaper property instead. if we are taxed based on our income and assets, it is not fair because people can put in less work and earn lesser but they still get to pay less which would make them richer. on the other hand, the richer will get poorer as they have to pay more than others.

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if they can spend money on investing in new properties i'm sure they won't go bankrupt for just paying a a few extra hundred dollars

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everyone has different levels of income, and pay for different things daily. if everyone pays the same amount of taxes, people with lower income will have a limit to what they can buy. whereas if some people, like those with higher income, are taxed more, they can cover the amount that those with lower income cannot pay for.
for example, to some people, $100 may not be a lot, but to some others, it could help them with their daily purchases

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The rich are able to lose more, so it is a good source of income for the government. This is beneficial to the government as the increased gain in money can be used for better services for the public

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it is not fair, as prices go up because of the rise in GST and taxes but it not only affects the adults who are richer, but those who are living with low income and even children. It is demoting people who are doing relatively well in society. It can lead to people not being able to cope with society and when they think they have just been promoted they are still under the same budget as before due to the rise in taxes. Having children pay a higher GST is also unfair, as they are still young and should not be paying GST.

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The rich work hard to attain wealth, they may have worked overtime and harder. The increase in tax will mean that what they worked for will be taken away just because of the country’s policy. Just because they are rich and wealthy does not mean that we should take away what they earn as they did work for their salary.

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Depending on the definition of “fair”, the answer varies.

It is considered fair in the sense that the rich have so much power and other methods such as hiring lobbyists that even if you taxed out most of their wealth, they will still have so much money that it is just looks like a lower number to them, while the extra purchasing power gained by that taxed amount can be used for high-return investments such as education that develops a nation very well.

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I agree to a certain extent that, “It is fair to make some people pay more in taxes”. Those better off in terms of money, should be taxed slightly more than those who are not as they do have the ability to pay for themselves and others.

I also disagree that “It is fair to make some people pay more in taxes”.
Making them pay more woul

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This provides a larger revenue for the government,  through personal income tax, the rich have a lot amount of money so i believe that the amount of tax would not affect the rich much.

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This provides a larger revenue for the government,  through personal income tax, the rich have a lot amount of money so i believe that the amount of tax would not affect the rich much.

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I think its quite fair for people that are rich to pay more in taxes. Rich people earns more income, leads a better lifestyle than others. Taxes are being used by the government to better improve the citizen’s lifestyle, for educational, military, medical uses that benefits everyone, including the rich. The taxes paid by the rich can also be used to help support people with low income that may be struggling with financial issues.

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I disagree because the higher percentile in Singapore will be more oppressed since they are of a smaller group compared to the rest of Singapore. This will push the richer Singaporeans away from Singapore, even though they carry much of Singapore’s economy, Singapore’s economy might drop

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unless they are born with a silver spoon in their mouth.Rich people were once a normal worker with normal income.It is unfair as people work hard to reach the highest position but taxing them more seems to invalidate all their hard work .It does also make sense to tax the rich to boost singapore’s economy and obtain funds for healthcare, like the medicare or cpf fund

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Rich people are the backbone of the economy . What the government is doing is making the businessman and entrepreneurs  leave this country . That is a passport to economic depression .

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Even though this benefits the government economy, and the money gained can be used for building better services for the public and the country itself, this can create an enormous amount of social unrest between the rich and the middle class workers because the rich only want the benefit for themselves, without much thought of the public.

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I disagree, as the rich people usually have a high paying job that they studied very hard in order to achieve, for example, a doctor which requires a lot of money and time. The government then makes them pay more taxes just because they worked harder than others, which makes zero sense. But when you talk about fairness, what does it mean to be fair? Fairness as in, so the lower income groups and higher income groups have a lower difference between their income? The concept of fairness does not really apply when you are talking about something that is mainly decided by one’s hard work, as, if people want fairness, maybe they should have worked harder.