the mrbrown show: a valentine’s day movie

Valentine's
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The love story of the century! Catch the trailer now!

Podcast iconPodcast: the mrbrown show 14 Feb 2007: a valentine’s day movie (MP3, stereo, file size: 2.7mb, Time: 00:02:52)

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16 Responses to “the mrbrown show: a valentine’s day movie”

  1. patrick Says:

    Stolen from xialanxue.blogspot.com:

    What the 7% Goods and Services Tax (GST) really means

    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%.

  2. jy Says:

    I think xialanxue miss out something.
    She forget that the government have given out something call the progess package.
    The poor often get more than the rich.
    In the end, everybody get the same.

    well, just ignore xialanxue, she is no different from xiaxue.

    btw, I am not a garment officer. not anonymous heroes.

    from: Channelnewsasia.com 11 Feb 2007
    Upcoming Budget will help needy Singaporeans: PM Lee
    by: Wong Siew Ying

    That’s what this year’s Budget, which will be announced on Thursday, aims to do.

    PM Lee was speaking at a function in Teck Ghee on Sunday.

    The Lunar New Year came early for over 180 Teck Ghee residents, as they each received an $80 red packet and a food hamper from the Prime Minister.

    Most of them are needy residents on the public assistance scheme and Mr Lee assured them that the upcoming Budget will ease their burden.

    He said: “Last year, we had the Progress Package which benefited everybody, especially the lower income. This year, we are working on the Workfare. It’s a major scheme to help lower-income families (so that they will) be able to work and to earn more and to save more in their CPF, in their Medisave.”

    The Workfare, together with other schemes and offset packages, would more than offset the planned GST hike, said Mr Lee.

  3. fynyx Says:

    1)
    Dear -Patrick- (Feb 14, 10:36 AM),
    Using your quote from -xialanxue- one step further, for some
    summary & conclusion:
    1a)
    Roughly: Example 3 represents the lower-income earners,
    Example 1 the middle-income, Example 2 the upper-income.
    1b)
    Following from the given calculations:
    the upper-income people (Example 2)
    actually SAVE from GST 7%, despite spending 5x more on
    “needed” goods & services;
    the lower-income seem to be set back heavily,
    paying more than 25% more.
    1c)
    This therefore suggests that the rich get richer,
    the poor get poorer.

    2)
    Yesterday’s (Tue, Feb 13) Straits Times front page
    showed a table indicating rise in real average monthly income
    per person among employed households.
    2a)
    Despite the “good news” that the bottom 10% earned only $20 more
    from 2005 to 2006,
    the top 10% earned an inflation-adjusted 26x more.
    (For comparison, the mid-range 51-60% group gained by only $50.)
    2b)
    Again, the poor stay poor, the rich get richer much faster.

    3)
    Now, just consider that the rich have consistently done
    most of the talking for the nation.

  4. DOM the clown Says:

    MB!
    Great show! Happy Chinese New Year to you and family….and not forgetting all the crews at your studio!
    Cheers!
    DOM

  5. MyWebbie Says:

    Hey MB, what plugin are you using for the “Share and Enjoy:” on wordpress?

  6. mb Says:

    MyWebbie: Hi, the plug-in is called Sociable.

    http://push.cx/sociable

  7. fynyx Says:

    Dear -jy- (Feb 14, 3:19 PM),

    I agree with you that the government is doing what it can
    at this time,
    particularly with continuing Progress packages.

    However, I question your statements
    1) “The poor often get more than the rich” and
    2) “In the end, everybody get [sic] the same”

    (For those who might not know, “sic” does NOT mean “sick”.
    It means that I am aware of a spelling/grammar error
    in my quote.)

    Statement 1): What would you mean by “more”?
    Certainly not in terms of $.
    Handing out an extra $10 supermarket voucher can get
    a poor family another bag of rice,
    but it cannot let them afford a restaurant reunion dinner
    this Chinese New Year, which is peanuts for the rich,
    and still affordable by the middle-income working class.

    Statement 2): What would you mean by “equal”?
    If you mean that by giving more handouts to the lower-income,
    this somehow soothes the perception of the widening income gap,
    then I don’t think so:
    the poor, by definition, cannot equal the rich
    in the availability & enjoyment of similar high-end luxuries.

    Being poor is not a curse; being rich is not a crime.
    But to say they are equal,
    or to compare on similar footing what they receive,
    sounds really strange to me.

  8. brur Says:

    wah lao.. cheem lah go shpeakers corner… mb will foot the bill

  9. Necro Says:

    The effect of globalisation had increase the demands for more and better goods and services around the world.
    But this had also in turn placed a squeeze on all the lower/middle-lower income tier.
    With a Gini coefficient of almost 0.5 (think was 0.4 something), Singapore had one of the worst wealth distribution ratios among develop cities, and even worse when comparing as a country.
    The GST increment is actually a necessity from an economics viewpoint, but what really irks me is the fact that nothing is done more to gap the widening income dividends.
    The government had stated that all the cut backs to the personal income tax will be beneficial to everyone as the rich would have more money to contribute back into the economy (A sentiment echoed by many develop nation). But ultimately that is only a pipe dream and the poor would becomes poorer and the rich richer.
    Even if the wealth does filter down, most people would get nothing or worse, they could not even wait for it to arrive before the societal trap closes down on the common people.
    With current trend, the most viable solution I can think of to reverse the nature of things was for Ragnarok / Armageddon / Judgement day / End of the world to arrive. At least then we would all be equal.

  10. Mark Says:

    No need for long examples, by definition, GST is a regressive tax. Period.

  11. mob1900 Says:

    at least at Sg, GST is constantly modded to adapt to modern times, ours here at Bolehland is just another source to ‘cari-makan’ keep our racial warlords fat, warm and fuzzy.

  12. Lawrence Lim Says:

    You guys are lucky in Singapore, in British Columbia, we pay 7% PST (Provincial Sales Tax) and an additional 6% GST (General Sales Tax), total 13.0%. So, don’t complain too much. You have a long way to catch up to Canada.

  13. fynyx Says:

    One strong feeling we get these days,
    is that every country has its many problems,
    such that there’s really nowhere else to migrate to,
    “for a better life”.

    No, not even into outer space. I read that even now,
    the Moon & Mars are already being bought up, as real estate,
    by speculators here on Earth.

  14. Jaye Says:

    Dear Lawrence,

    We may be lucky in Singapore in certain ways but definitely not the same where GST and taxes are concerned. I remembered it was at this amount in 1993 and 14 years later, you just informed me it remains the same. It’s amazing isn’t it, that they had kept their consumer tax at that level. Do you think our government will keep raising GST?

    On the topic of luck, I believe the PST and GST in British Columbia is based on selective goods - not everything is taxed. In fact, Canadian government does not tax daily necessities otherwise it will affect the poor even more. Singapore GST is tax on everything and try to use rebate to offset which, frankly is not effective in income distribution and worse, it widen the income gap between the rich and poor. The poor are worse off here.

    Oh, one other point, incomes in British Columbia are generally higher, as compared to Singapore, right? So higher income, higher GST, makes sense. Over here, lower income pays higher in terms of their percentage of its income. Lucky still? On this point, hmmm.

  15. yeoboy Says:

    Aiya, you people talk here also no use one.

    Only the lower income people know how helpful is the package.
    (Anyway got rice to eat already very good compared to no rice)

    Only the middle income people know how much they are earning.
    (Anyway everyone is getting the same after all)

    Only the higher income people know how much they are spending.
    (Anyway how rich can you get in Singapore?)

    Only the British Columbia people know how much they have.
    (Anyway, we are not from British Columbia)

    Remember without poor there is no rich, without rich there is no poor. Is like a show, somebody must act good guy, somebody must act bad guy.

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