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Budget 2022: Wealth taxes likely to address inequality, property taxes easiest to implement
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A property-related tax would be easiest to implement and enforce, experts said.
PHOTO: ST FILE
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SINGAPORE - Additional means to tax wealth could be introduced at Budget 2022, which would help to boost Government coffers and reduce wealth inequalities.
A property-related tax would be easiest to implement and enforce, experts said, noting that any form of wealth tax, if implemented, should not result in excessive compliance costs for taxpayers.
