Thoughts on the GST as a regressive tax
What is Singapore actual GST system? Is the present 7% tax a true percentage of the actual taxes that consumers pay? Or are their hidden tax percentages that are embedded with the GST system whereby the actual tax imposed is much higher? Let's look at the following scenario: 1) A smartwatch manufacturer is GST-registered. It...
Majulah Singapura; Why change ours – Why was it not good enough?
Our National motto is “Majulah Singapura ” which is the title of our National Anthem. Our National Anthem has been described as “a musical expression of Singapore's identity as a nation”. It is a rousing and uplifting piece of sacred vocal music that has very special importance to us Singaporeans. On 3 Dec 2019, two...
Addressing Singapore’s key public housing problems: Asset Protection, Affordability and Access
Background and introduction: Singapore has a stellar reputation in having achieved the most extensive, high quality and successful national housing program in the world. The proposals in this paper seek to address the key potential long-term crises in HDB-managed housing and to improve upon it. There are two major problems facing...
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