When an increase in taxes does not result in a better standard of living, the PAP has failed
The Straits Times reported (20 Feb) that cabbies find diesel duty hike too sudden and rebates too low. The unhappy response from our cabbies to the 100% hike in diesel tax underlies the sour feelings of the general public to Finance Minister Heng Swee Keat's Budget 2019 announcement in Parliament on Feb 18. The sudden diesel...
More pain ahead for Singaporeans: Huge revenue shortfall due to missed population target
The reason why PAP has been raising costs is due to its missed population target of almost a quarter million last year. Increasing headcount to grow the economy has always been the only way which the one-trick PAP pony knows. During Goh’s tenure as PM, GDP grew mainly due to population increase of about 80,000 annually. As...
Why I strongly advocate that GST be abolished
I have advocated on several occasions that GST should be abolished in Singapore. Some people think that I am being "populist". They also think that it is not possible for the government to abandon this revenue source. Let me explain my thought process. a) First, I believe that any government, and especially the Singapore government,...
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