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 budget 2010 return of real property gain tax ?, 5% property gain tax from jan 2010

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junwen80
post Nov 6 2009, 11:04 AM

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QUOTE(zzzz52 @ Oct 26 2009, 07:18 PM)
It is the exploitation of the system if the rich gets richer through morally questionable means. I'm all for the accumulation of wealth, he who hasvest what he sow.

I'm against the fact that money is make from all the loans that are interest bearing. Profits derived from interest without the actual productive work are illegal, and we say that we are a country with Islamic values. This makes speculation also illegal.

But all said, everyone is entitled to their own views, he who live live through it only will know the pains.
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Couldn't agree more on that. I am too, not against wealth accumulation, in fact this will encourages hard working on the ground that is productive hard works, not mere speculations.

An extreme/unrealistic thought of mine, 10% people is producing food for 100% of population, 20% goes for food speculation (those without capital, borrow lar to make more money, they are smart/elite), make plenty wealth out of it, driving food price higher and higher. The rest of population barely can afford the price.

Well, not saying invesment etc is wrong, this is current game rule, I was just wonder are we going into right way with our economic structure. Is this structure viable? in the end? Where civilization goes?


 

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