TR EMERITUS

The govt is going to spend billions to help the people. $1.1b will be spent to buy 600 buses. More technology acquired and trains be bought to improve the train system. Top people deserved to be paid in the millions in both private and public. One simple question is, where is the money coming from, or who is the ultimate paymaster? There... 

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... 

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...