Скачать или смотреть S’pore’s tax burden is low due to Govt spending being kept at less than 20% of GDP

S’pore’s tax burden is low due to Govt spending being kept at less than 20% of GDP

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Описание к видео S’pore’s tax burden is low due to Govt spending being kept at less than 20% of GDP

Deputy Prime Minister and Finance Minister Lawrence Wong said on Feb 28 that Singapore’s fiscal system is fair and progressive, which ensures that those with greater needs receive more assistance than what they pay in taxes.

The Government’s long-term and prudent approach has enabled it to keep expenditure at less than 20% of GDP. In turn, it has allowed the Government to keep Singapore’s tax burden low.

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