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...
Words of wisdom from Thailand’s richest man, to our PAP Education Minister
In an exclusive interview with the Bangkok Post in Paris, Thailand's richest man Mr Dhanin Chearavanont shared his view that students should spend far lesser time in school and university and more time gaining more real world experiences in this digital era. The learned tycoon was quoted as saying: "Today, many students are...
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...
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