Taken for a fictitious ride
We are at the usual cross roads again of do we have to tax the wealthy more or everyone else. According to media reports, Singapore Deputy Prime Minister Tharman Shanmugaratnam says that injection of $1.1 billion into acquiring, operating and maintaining 550 buses as part of public transport is necessary because, as it is, the...
Refuting PAP MPs’ speeches in Budget 2012 Parliamentary Debate
Dear Dr Janil Puthucheary, I refer to your questions to Mr Gerald Giam during Budget 2012 debate [1]. Mr Giam's claim that future generations would find it hard to keep up with the cost of living is not speculation but based on fact. Mr Tharman showed that medium income has risen 3.2% per year over the last five years or 17.1%...
More Ministers coming out to support Tharman’s “buying HDB flat on $1K pay”
HDB 2-room flats After the clarification from National Development Minister Khaw Boon Wan in Parliament on Friday (2 Mar) about a comment made by DPM Tharman that a household with a monthly income of $1,000 can afford to buy a HDB flat, more Ministers are coming out to show their supports behind the DPM. Earlier, Mr Khaw has...
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