“I will distribute Growth Dividends to all adult citizens."
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“I will distribute Growth Dividends to all adult citizens." (fairly???)
http://www.progress.gov.sg/gd_ovw.htm
“In view of the good economic performance last year and the positive outlook, I have decided to share part of these surpluses with Singaporeans this year…I will distribute Growth Dividends to all adult citizens." - Prime Minister Lee Hsien Loong,- Budget Statement 2006
The amount of Growth Dividends you can receive depends on the following:
(i) the Annual Value of your home in 2005 (assessed by IRAS, based on your NRIC address as of 31 December 2005); andÂ…
But how about dividing a more equitable manner?
Facts:
- Govt knows how many SGporeans stay at in a residence (prepared in lieu of 2006SG elections).
- Govt knows “the Annual Value of your home in 2005”
- not all who live in large houses are rich- some may be homeless & depending on the kindness of a rich [distant] relative, similarly, a rich single may live alone in an apt, (leaving a few bedrooms unoccupied).
> Govt should encourage families to live under same roof to maintain family bonding/ social stability.
Having invested so much in computer systems, its my firm belief that the govt is capable of greater fairness (equitability) by defining ‘home value’ more accurately as = per-capita home value =
[Annual property value] (DIVIDED BY) [no. of SGporeans residing (kids incl and based on NRIC) in such an address.]
This simple procedure would:
Stop people from reassigning their residential address falsely to yield better progress pkg payouts (makes such acts less necessary)
Encourage people staying alone to get partners/ rent out rooms to SGporeans so as to make cost of living less for SGporeans.
Encourage people to have children as more SGporeans under same roof- will be a positive factor in calculating the prog pkg.
Encourage people to stay together for better family bonding, economy of scale.
Dear LHL: please consider this in parliament; this is a long overdue procedure towards building peoples faith in the PAP.
Hopefully I hope the other 1/3 of SGporean (Elect2006skeptics)- would support thisÂ….
Comments? -
You must remember who is doing the calculations for him. Those up there, think everything can be simply devised with a mathematical formula. How the PTC came up with that formula that gives the maximum possible fare increase is just one such example.
Standard mathematical formulas don't work on case by case basis, mathematical formulas don't have brains of their own. -
wait long long....