No need to increase GST if use 10% more from investment returns
Currently, under the Singapore's Net Investment Returns (NIR) framework, the government can spend up to 50% of the long-term expected real returns on the relevant assets (i.e, our reserves) managed by GIC, MAS and Temasek. Associate Dean of LKY School of Public Policy, Donald Low, wrote on his Facebook page yesterday (19 Feb) showing...
Budget 2018: Mega projects necessitate tax burden on citizens
Propaganda: Tax hike needed to fund healthcare for ageing population. Fact: The healthcare issue was anticipated some 3 decades ago. With PAP running a huge budget surplus every year – including land sales revenue – the government must have earned tens of billions from investments. A fraction of this amount would be...
Rubbish Budget 2018
Where on Earth do you hear a CURRENT GOVERNMENT making decision to raise tax for the NEXT government? Worse still, totally absurd to have a government announcing tax increase when they have record surpluses! PAP is utterly arrogant to assume that they could win the next GE due in 2020 to form the next government. Furthermore,...
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- Caoliangoh on Pakistan to nuke Israel if…
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