{"_id": "2026-02-25_P15_S19_DIFFERENTIATING_BETWEEN_WEALTH_HELD_BY_HOUSEHOLDS_", "_source": "SG/PairSearch", "_type": "parliamentary_proceedings", "_fetched_at": "2026-03-26T12:24:48.973463+00:00", "title": "DIFFERENTIATING BETWEEN WEALTH HELD BY HOUSEHOLDS IN PUBLIC VERSUS IN PRIVATE HOUSING, AND MEASURES TO SUSTAIN OR IMPROVE UPWARD MOBILITY RATES", "summary": "explained, it is because we treat property as a store of wealth. There is no real need for us to do so and that is something at the moment that we will not do. On tax burden, whether or not we will shift from work to wealth taxation, I think, we remain open. Today, we have an approach that works on the whole. The outcomes of the past decade, in terms of our policies, have been positive. We have been able to achieve real income...", "text": "DIFFERENTIATING BETWEEN WEALTH HELD BY HOUSEHOLDS IN PUBLIC VERSUS IN PRIVATE HOUSING, AND MEASURES TO SUSTAIN OR IMPROVE UPWARD MOBILITY RATES\nexplained, it is because we treat property as a store of wealth. There is no real need for us to do so and that is something at the moment that we will not do. On tax burden, whether or not we will shift from work to wealth taxation, I think, we remain open. Today, we have an approach that works on the whole. The outcomes of the past decade, in terms of our policies, have been positive. We have been able to achieve real income...", "date": "2026-02-25", "parliament_number": 15, "session_number": 1, "sitting_number": 19, "topic": "ORAL ANSWERS TO QUESTIONS", "search_query": "taxation", "doc_type": "hansard_debate", "language": "en", "jurisdiction": "SG", "country": "Singapore", "text_length": 577, "top_keywords": ["wealth", "real", "will", "differentiating", "between", "held", "households", "public", "versus", "private", "housing", "measures", "sustain", "improve", "upward"], "source_url": "https://search.pair.gov.sg/search?query=taxation&source=hansard", "search_text": "DIFFERENTIATING BETWEEN WEALTH HELD BY HOUSEHOLDS IN PUBLIC VERSUS IN PRIVATE HOUSING, AND MEASURES TO SUSTAIN OR IMPROVE UPWARD MOBILITY RATES explained, it is because we treat property as a store of wealth. There is no real need for us to do so and that is something at the moment that we will not do. On tax burden, whether or not we will shift from work to wealth taxation, I think, we remain open. Today, we have an approach that works on the whole. The outcomes of the past decade, in terms of our policies, have been positive. We have been able to achieve real income... ORAL ANSWERS TO QUESTIONS"}