GST exemption – you’ve got to be joking!
For years the Singapore Democrats have been calling for the GST for basic foodstuff such as rice, oil and sugar as well as medicines to be abolished. This is because such a tax is regressive disproportionately hurting the poor. To make up for the loss in tax revenue, the SDP proposes that luxury items be taxed at 10 percent...
Budget 2012 U-turn: Nobel laureate Krugman was right about Singapore
In late 1994, Professor Paul Krugman published his article, The Myth of Asia’s Miracle (http://media.ft.com/cms/b8268ffe-7572-11db-aea1-0000779e2340.pdf) in the Foreign Affairs magazine, and later earned a Nobel Prize in 2008 for his work in economics. Prof Krugman is undeniably an expert in the field. Despite their vehement...
Social Media Versus Local Media
We the born Singaporeans have always relied on the local media, when social media did not exist, 50 years ago. We the born Singaporeans did not question the local media as we trusted their reports and most of all the incumbent, PAP. Today, when social media became nosy and smelling rats, due to the various blogs and blunders...
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