Quote:
Originally Posted by John
Yes, I get your point now. I also tried using this other comparison tool at Compare your annual salary (2008) | Salary.sg - Your Salary in Singapore which I gather is using Iras official data.
Assuming no bonus, a 4k monthly (hence 48k annual) will put the person at "higher than 45.8% of all resident taxpayers."
So if both husband and wife make 4k, there are more than 50% households earning more than 8k. And I think the Iras data (and the above mentioned comparison tool) does not even include the people earning below 20k/year.
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Yeah. And
HDB is always saying, "majority" of Singapore households qualify for
HDB flats and loans. I really wonder where they get THEIR data from. Many of my peers are in the same situation as I am.