Hilton & Grand Hyatt Hotels for Sale

shiwankaswe

Well-known member
  • Apr 30, 2007
    7,558
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    Colombo Sri Lanka
    How exactly can a government take care of people when it has no state owned businesses to raise the necessary money in order do take care of said people ? by taxation alone ?

    *state owned businesses *
    This is why we failed as country, government is to take care country... not to handle businesses...

    Yes with Tax...Not Taxing like Sri Lankan way...
    Check how taxing is done on Singapore,Malaysia... and Other developed countries
     

    Indika Buddika

    Well-known member
  • Jul 29, 2016
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    *state owned businesses *
    This is why we failed as country, government is to take care country... not to handle businesses...

    Yes with Tax...Not Taxing like Sri Lankan way...
    Check how taxing is done on Singapore,Malaysia... and Other developed countries
    :no::no:
    You're wrong. Singapore government heavily invest, own billion dollar businesses in Singapore. Currently Singapore government operate businesses worth over 22% of the Singapore GDP.

    Our country didn't fail because government handled businesses as you said. It's totally the opposite. Sri Lanka failed because government didn't do enough businesses, put insane amount of taxes on people and didn't stop the corruption.
     

    shiwankaswe

    Well-known member
  • Apr 30, 2007
    7,558
    632
    113
    Colombo Sri Lanka
    :no::no:
    You're wrong. Singapore government heavily invest, own billion dollar businesses in Singapore. Currently Singapore government operate businesses worth over 22% of the Singapore GDP.

    Our country didn't fail because government handled businesses as you said. It's totally the opposite. Sri Lanka failed because government didn't do enough businesses, put insane amount of taxes on people and didn't stop the corruption.

    Got example for SG for tax, yes SG can do their own business because they have money and they create enough things for their people
     

    kosandpol

    Well-known member
  • Jun 10, 2008
    45,329
    1,492
    113
    *state owned businesses *
    This is why we failed as country, government is to take care country... not to handle businesses...

    Yes with Tax...Not Taxing like Sri Lankan way...
    Check how taxing is done on Singapore,Malaysia... and Other developed countries
    Here's where Sri Lanka's taxing are compared to the rest of the countries you mentioned :
    8b893d0d-2549-489d-a1f5-68229ba2255c.png


    bebed3c5-4417-485e-add8-709d3de2bcd4.png


    fd26da14-8e56-462a-bff9-010702910994.png


    In case you didint know, OECD stands for Organization for Economic Co-operation and Development and includes the following countries:
    http://www.oecd.org/about/membersandpartners/list-oecd-member-countries.htm
    Since it has most of the developed countries, I've used it for this comparison.
    The Charts are from here :https://home.kpmg.com/xx/en/home/services/tax/tax-tools-and-resources/tax-rates-online.html

    now, as you can see, compared to Singapore, Malaysia and other developed countries, we are not getting taxed nearly enough! :D
    With taxing as it is, my original question stands, How is the government supposed to take care of the people without state owned businesses to generate revenue ?
     

    shiwankaswe

    Well-known member
  • Apr 30, 2007
    7,558
    632
    113
    Colombo Sri Lanka
    Here's where Sri Lanka's taxing are compared to the rest of the countries you mentioned :
    8b893d0d-2549-489d-a1f5-68229ba2255c.png


    bebed3c5-4417-485e-add8-709d3de2bcd4.png


    fd26da14-8e56-462a-bff9-010702910994.png


    In case you didint know, OECD stands for Organization for Economic Co-operation and Development and includes the following countries:
    http://www.oecd.org/about/membersandpartners/list-oecd-member-countries.htm
    Since it has most of the developed countries, I've used it for this comparison.
    The Charts are from here :https://home.kpmg.com/xx/en/home/services/tax/tax-tools-and-resources/tax-rates-online.html

    now, as you can see, compared to Singapore, Malaysia and other developed countries, we are not getting taxed nearly enough! :D
    With taxing as it is, my original question stands, How is the government supposed to take care of the people without state owned businesses to generate revenue ?


    What the fu* you talking, i dnt understand
    Do i want to pay my tax to maintain Sri Lankan??? Understand it first?
     

    kosandpol

    Well-known member
  • Jun 10, 2008
    45,329
    1,492
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    What the fu* you talking, i dnt understand
    Do i want to pay my tax to maintain Sri Lankan??? Understand it first?
    dude, you stated that the government should take care of the people as well as the country and not run businesses in your previous posts.
    I asked HOW the govt is supposed to do that if it has no method to make the necessary money needed in order to take care of the country and its people. To which you said the SL Govt can get this money via TAX as is used by Singapore, Malaysia and other developed countries.
    My last post shows where SL Taxing stands as compared to the countries you mentioned and asked you how the SL govt is supposed to take care of the country and its people with TAX alone when the TAX rates are so low compared to the countries you mentioned.

    Now YOU are implying that you dont want to pay taxes to maintain Sri Lanka.
    So the govt shouldnt tax people, and neither should it run state owned businesses but its still supposedto take care of the country and its people. How the fuck is the govt supposed to get the necessary money to do that ??
     

    kasun757

    Well-known member
  • Jan 12, 2011
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    හයට් එක පිටින් ඔහොම තිබ්බට ඇතුලෙ මොක්වත් වැඩ ඉවර නැ..කට්ටිය ඇවිල්ල ගසාකාල ගියපු තැනක්..වැඩ ඉවර කරන්ඩ සල්ලි නැති කතාවක් කිව
     

    shan4djfun

    Well-known member
  • Jun 18, 2007
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    good, these business should make profit behalf of gov. Gov should not be involved otherwise it will be a motel