‘Fake’ inflation statistics used to justify broken MRT system
In “Comparing Singapore’s newest and oldest MRT“, Khaw said: Khaw was trying to justify the broken MRT system by implying that the North-South Line (NSL) was constructed at budget-airfare cost. It was not. To arrive at today’s dollar, Khaw’s imputed inflation rate over 30 years: 63%. (see table below) But what has...
Taxes should not be raised because the government has sufficient funds from land sales revenue, $12 billion in CPF returns confiscated last year
In another attempt to raise billion$ in revenue, PM Lee wants the public to believe that “raising taxes is inevitable“. But if the PAP wants to increase revenue by only a couple of billion dollars, taxes need not be raised. This is because today’s ‘happy’ situation was anticipated decades ago and the PAP had already...
Increase Taxes, But Don’T Let Singaporeans Shoulder The Burden
As announced in the PAP convention, the PAP will be raising taxes to cover "social spending" as one of the reasons. If the PAP government wants to raise taxes, please do not do it on Singaporeans. Singaporeans by and large have been overtaxed. Much of the higher income earners have seen their property and income taxes increase.The middle...
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