SM Goh is encouraging high-income Singaporeans to donate at least 0.5% of their income to charities, as reported in today’s Straits Times.
He defines high-income as making $7,000 or more every month. The ST article also mentions that the top 10% of income earners made $5,625 or more in 2004 based on Manpower Ministry data.
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JD Says:
January 11th, 2010 at 11:35 am
0.5% is pathetic. American donate on average 2.2% of their income across all wage levels while the wealthy contribute much much higher percentages. If we can only donate 0.5% in Singapore we will never be considered a truly developed nation.