In which case it would seem to be a tax on owning or renting property*. I.e. it hits everyone who doesn't still live their parents. And how is this going to contribute towards resolving SG's low child-birth rate I wonder.Pal wrote:Idea is to tax more for those living in private properties and those having investment properties.
Looking at the tables, the new tax easily exceed the current rate and not forgetting they can make upward adjustments of the AV.
And market rents are based on... ?scarbowl wrote:Rents are market based - not cost based. property taxes have nothing to do with it.
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