Increasing corporate income tax rate will reduce GLCs’ profits, GST increase preferred
Since Singapore’s corporate income tax rate is the lowest among Asean countries, raising government revenue by increasing corporate tax rate makes sense. But according to PAP, this will make us less competitive to the extent that higher costs will cause investors to flee, foreign investors would likely not consider Singapore...
Welfare for insurers (cont’d)
Here in Welfarism the PAP way I gave an example (share of taxes paid) that the PAP did welfare: corporates get welfare, not the people Here’s another: the new requirement that Integrated Shield Plans (IPs) with riders have a co-payment portion of at least 5%. When the PAP introduced this welfare scheme for insurers, a minister...
Meaningless distinction by ST’s editor
Warren Fernandez Writers are “engineers of human souls”Joseph Stalin once told Soviet writers. And I’m sure our Harry would agree with him on that when it came to journalists. After all both wanted the media to be part of their constructive, nation-building endeavours. So I can’t stop laughing when I read what Warren...
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- Caoliangoh on Pakistan to nuke Israel if…
- Pandora’s box on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- Liar on Pakistan to nuke Israel if…
- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- PAP mandate strong on Pakistan to nuke Israel if…
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