Comments, opinions and an occasional ramble
There is no free lunch in this world
The economy is doing well, and so, the benefits of the economy should be shared with the citizens. Everyone gets a piece of the handout, ranging from a few hundred to more than a thousand dollars.
Because the economy is doing well, people can afford to pay more taxes by virtue of the fact that most people have a job and are earning more. Therefore, it is logical to increase the GST to 7%.
I think Singaporeans just woke up today to the fact that they are actually paying for their own progress package. In fact, I think they will be paying more than the amount they received. If you spend $10,000 a year, you pay $700 GST a year for god knows how many years to come. And you probably received a one time $700 progress package.
I can’t help but chuckle at this latest development. Kiasu-ism is indeed short sighted.
Read about the increase in GST from the Channel News Asia report.
| Print article | This entry was posted by Aaron Ng on 13/11/2006 at 9:54 pm, and is filed under Ramblings. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
about 3 years ago
Do you know if there are any plans to welcome Prez Bush to NUS?? T-shirts like these? http://www.cafepress.com/antiwar_tshirts
about 3 years ago
Do the gov care or rather PAP care ??? I00% that they do care. All the reasons they give are just utter bullshit. So many plans announced to help the poor, to do this and that is just excuse to get money to pay off investment losing business in thaisin comm. No wonder lately, they are giving so much nonsense, and so much debate, and active engagement of MP. All these wayang show finally come to make sense and surprising to increase GST !!!!
about 3 years ago
Now we know that they care more about money to write off Thaisin’s investment and then pretend to promise us nation-wide wifi, help the poor plan => all kind of “excuses” that perhaps have string attached.
about 3 years ago
I have an odd feeling this is a tactic to gain back the money given out for
election bribesprogress package.about 3 years ago
No Hai~Ren, this is part of reason, the true worst reason is to pay off Thaisin investment loss and about to come heavy fine !!!
about 3 years ago
Singaporeans never learn. After the New Singapore Shares were given out in the elections before the last, GST went up from 3% to 5%. This time round, the PAP gives progress packages, another version of the new Singapore shares. It’s so darn obvious that it’s the NSS version 2. Like I say, kiasu-ism is short sighted, and probably suffers from amnesia too.
about 3 years ago
Well Hai~Ren,
You are absolutely right. Considering how pragmatic our government is, it is simply wishful thinking that they will give something out freely without taking something back from you. I still don’t understand why Singaporeans enjoy letting themselves be sucked dry.
about 3 years ago
The amazing thing is the way of the announcement of the GST hike. All talk of the help for lower income group is the smoke screen, the real show is the GST hike. Give you sweets first, then shaft the bitter medicine down your throat. It can be sure what will come next, the “offset” packages for the lower income group. Sandwiched between two “good” news, so clever hor. If ALL the MPs knew about the GST hike before hand, they were singing songs all the while. If they (except cabinet members) did not know about it, they are also screwed by the top people too. That would show that the Family does not even trust their own MPs.
about 3 years ago
Welcome to the Leepublic of Sinkeeland.
Where we tax the poor, to help the poor.
God bless PM Lee for his beloved foresight in ripping off Sinkees yet again…
Majulah LeePublic of Sinkeeland.
about 3 years ago
and who knows how many Singaporeans have already spent the progress package (using it as a “bonus”) on tangible luxuries?!
i mean of course.. the short sighted ones who didn’t see (is that possible?!) the hikes coming.. we already have a transport fees hike.. petrol hike.. and now gst hike.. so what now.. -_-
about 3 years ago
Singaporean doesn’t care anything now. They are delusion and given up on gov, and just survive each as it is. Can spend, they will spend, since anyway, there’s nothing they can do, than to live each day like a rat.