From the NKF incident, it is clear that if government does not help citizens in medicare at least do not use their public charity donations to stuff their favored elites with peanut salaries and golden taps.Originally posted by dragg:i dont believe it one bit.
arent our reserves of more than US$100 billion enough to close the gaps?
i really dont see the need to increase the gst!!!![]()
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Don worry endure all this shit for 4 more yrs..Originally posted by darknessfall:sigh.....post election nightmare....Tpt hike increase, GST, whats next?
CB!!Originally posted by sans-culotte:Don worry endure all this shit for 4 more yrs..
Then showtime!! We let them know what is the Peoples' power........
The rationale is that the rich spend more so they get taxed more due to GST. Plus the PM mentioned measures to offset this GST increase for the poor. The exact implementation will be explained soon.Originally posted by ^spidee^:Can somebody please explain what they mean by closing the gap? GST is a tax that everybody pays. If the government wants to close the gap, shouldn't they be increasing the income tax of the rich and decreasing that of the poor?![]()
I see..Originally posted by kheldorin:The rationale is that the rich spend more so they get taxed more due to GST. Plus the PM mentioned measures to offset this GST increase for the poor. The exact implementation will be explained soon.
To me, it's not a matter of whether I trust the government to use this to help the poor. I wanna see the exact full implementation and then I'll analyse and decide whether the plan sucks or not. Shouting "Guilty!" relying purely on gut instinct, emotional feelings such as trust, without examining the full facts of the case is lame.
Great post !!! Why Li Ka Shing did not tax the people by taking monies from them. He did it by marketing his own skills and abilities through the market place in a fair deal.Originally posted by ^spidee^:Can somebody please explain what they mean by closing the gap? GST is a tax that everybody pays. If the government wants to close the gap, shouldn't they be increasing the income tax of the rich and decreasing that of the poor?![]()
Individuals are indivudals. Government are governments. You're comparing apples to oranges. What you should be asking is why the richer Singaporeans don't donate more.Originally posted by robertteh:Great post !!! Why Li Ka Shing did not tax the people by taking monies from them. He did it by marketing his own skills and abilities through the market place in a fair deal.
Yet he has decided to give back 75% of his wealth to charity? Because he realizes that people have supported him and he has made monies from them and he cannot finish using all his monies in his lifetime no matter how he tries.
Why do Bill Gate and Warren Buffet decide to donate a great part of their wealth to good causes like researches for new cures probably for the same reason. Again they also realize that he cannot use up all his monies for his physical enjoyment in his lifetime.
Compare these people with our ministers and many MPs and many more in GLCs who have not yet done as much in creating jobs or restructuring the economy talked about for years but who have been paid millions and large bonuses without answering for bottom line for doing bill collection jobs, are they just people who are given opportunities to serve the country and prove their worth.
Can they measure up to people like Li Ka Shing and Bill Gates and Warren Buffet.
Think of the fellow citizens who are crying out loud for their help because something has gone wrong with the economy.
For many years the economy is in a doldrum so many of them have become unemployed or unemployable.
Without them giving you the opportunity to serve them do you think you elites will be earning your millions and enjoy your glories.
So spend time to ponder over this - if these citizens who gave you many years of opportunities to perch on high pedestals and claim leadership talents would you let them down and continue to slam another fee increases or GST on them which might force them to jump the MRT track.
Do you have the heart to bear their silent cries night after nights and still force them down the MRT track.
The principle is the same - what one takes from society he eventually should return what he takes. The rich should return the favors back to society as Li Ka Shing, Bill Gates and Warren Buffet have done.Originally posted by kheldorin:Individuals are indivudals. Government are governments. You're comparing apples to oranges. What you should be asking is why the richer Singaporeans don't donate more.
sadly, many would've forgotten by then....and will probably be smiling due to "progre$$ package$" they're receiving.Originally posted by sans-culotte:Don worry endure all this shit for 4 more yrs..
Then showtime!! We let them know what is the Peoples' power........