Latest: Hong Kong cancel GST implemenation!!
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Why our government like to make life difficult for us? Why?
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To make life easier for themselves.Originally posted by PoRen:Why our government like to make life difficult for us? Why?
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At least HK got public consultation. Did our govt consult us? Or they already got mandate, so no need to consult?
Any PAP man in this forum can reply me?
sometimes they do consult such as IR(intergrated resort). but they dont listen.
they ask for fun only.
they think by asking some MP to do Hip HOP dance party and understand what post 65 needs?
i hope life can be that simple as Hip HOP dance. -
GST increase was primary use to subsidies for the poor.
but do the poor in singapore need billions of dollars?
can govt break down how thes2 are use to subsidies the poor?
some can become millionaires liao. -
We are told what is good for us and to take the bitter medicine even if we don't want/don't need it.
The "doctor" will just decide what is necessary for us
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In this case, the "doctor" is slowly beginning to look like a quack.Originally posted by LinYu:We are told what is good for us and to take the bitter medicine even if we don't want/don't need it.
The "doctor" will just decide what is necessary for us -
singaporeans have just no guts to to vote opposition we have only ourself to blame
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agree, orbi good. serve them rightOriginally posted by Chelzea:singaporeans have just no guts to to vote opposition we have only ourself to blame -
u not singaporean mehOriginally posted by LinYu:agree, orbi good. serve them right -
a singaporean who is reluctantly accepting all the craps coz all other wants themOriginally posted by Chelzea:u not singaporean meh -
Its a matter of time before this regime will collapseOriginally posted by LinYu:a singaporean who is reluctantly accepting all the craps coz all other wants them but god knows when>?
Probably after a very impt person kicks e bucket
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Got good and bad
Bush refuses to raise tax to please his voters, his country is facing budget deficit and he places the burden on the next generation by issuing government bonds, on top of that, he faces trade deficit simply because they couldnt make cheaper goods and they are just importing and importing
a GST increase would definitely be good for them
not sure about HK side, but look at Singapore...our financial health is pretty good, uncountable reserves even, budget surplus, trade surplus and we are raising GST
sheesh -
if you think Bush is pleasing the voters, you have to look at that asswipe with a lot more cynicism...
the GOP is basically Corporates running the office... -
the govt already making tonnes from everywhere...Originally posted by reyes:GST increase was primary use to subsidies for the poor.
but do the poor in singapore need billions of dollars?
can govt break down how thes2 are use to subsidies the poor?
some can become millionaires liao.
compared to hk govt, many of the top companies are in tycoon hands.
even cathay pacific is owned by americans -
he is pleasing the voters at same time, right?Originally posted by the Bear:if you think Bush is pleasing the voters, you have to look at that asswipe with a lot more cynicism...
the GOP is basically Corporates running the office...
who wants taxes raised on them, even if its good?
i am suddenly reminded about what his dad did -
i can't agree more....$200 billion reserves, excluding Temasek's assets and stat boards' assets, etc.....yet still need to make more money from her citizens...besides them having to serve NS and also getting FTs to take their jobs away from them, push down their salaries..Originally posted by laurence82:Got good and bad
Bush refuses to raise tax to please his voters, his country is facing budget deficit and he places the burden on the next generation by issuing government bonds, on top of that, he faces trade deficit simply because they couldnt make cheaper goods and they are just importing and importing
a GST increase would definitely be good for them
not sure about HK side, but look at Singapore...our financial health is pretty good, uncountable reserves even, budget surplus, trade surplus and we are raising GST
sheesh -
they won;t be able to run it anymore in the next election.. bush is going down, the people in states know a change is needed and they have proven it with their votesOriginally posted by the Bear:if you think Bush is pleasing the voters, you have to look at that asswipe with a lot more cynicism...
the GOP is basically Corporates running the office... -
Well i dont really gif a damn about e next generationOriginally posted by laurence82:Got good and bad
Bush refuses to raise tax to please his voters, his country is facing budget deficit and he places the burden on the next generation by issuing government bonds, on top of that, he faces trade deficit simply because they couldnt make cheaper goods and they are just importing and importing
a GST increase would definitely be good for them
not sure about HK side, but look at Singapore...our financial health is pretty good, uncountable reserves even, budget surplus, trade surplus and we are raising GST
sheesh WTF is e point of massive reserves when i dont benefit frm it? I bet singapore also lost a bundle as a huge portion of our reserves are in US$
Wad abt e other side of the picture?Raising taxes could probably slow down economic growth in US and subsequently led to a global slowdown.
SIngapore would probably be adversely affected give our reliance on US purchasing our exports.
Also ,it could lead to a decrease in work efforts in e workforce.This may also lead to decline in foreign talent willing to work in the country.In addition ,firms may decrease investment given unfavourable tax conditions.
All this would lead to a drop in aggregate demand and hence a drop in national employment and national income.Also economic growth may grind to a halt and the material standard of living may plummet -
With the current investment strategies of Temasek, we might lose 20% due to translation losses, i.e. converting from foreign currency to singapore currency.Originally posted by PoRen:i can't agree more....$200 billion reserves, excluding Temasek's assets and stat boards' assets, etc.....yet still need to make more money from her citizens...besides them having to serve NS and also getting FTs to take their jobs away from them, push down their salaries..
They lost quite alot from overseas investments. -
this what make us so diff from themOriginally posted by PoRen:the govt already making tonnes from everywhere...
compared to hk govt, many of the top companies are in tycoon hands.
even cathay pacific is owned by americans
business should always in private hands and regulated by the government, not in some ambiguous ways where the government have a heavy hand in it and pushes responsibilities away when prices are raised -
not giving a damn about the next generation? dude, the bonds have 25 years maturity, meaning if you are living in US, the 'next generation' means you..you have to pay laterOriginally posted by Chelzea:Well i dont really gif a damn about e next generation WTF is e point of massive reserves when i dont benefit frm it? I bet singapore also lost a bundle as a huge portion of our reserves are in US$
Wad abt e other side of the picture?Raising taxes could probably slow down economic growth in US and subsequently led to a global slowdown.
SIngapore would probably be adversely affected give our reliance on US purchasing our exports.
Also ,it could lead to a decrease in work efforts in e workforce.This may also lead to decline in foreign talent willing to work in the country.In addition ,firms may decrease investment given unfavourable tax conditions.
All this would lead to a drop in aggregate demand and hence a drop in national employment and national income.Also economic growth may grind to a halt and the material standard of living may plummet
one question? why economic growth? how about standard of living or individual welfare? since you can talk about 'aggregate demand', 'national employment', 'national income'. dont you think the economic theory you learned in school is bit flawed?
we chase economic growth, then we found unemployment, then so we chase economic growth again to improve employment, then long term, we realise all these lead to stagflation, unemployment still exists, then we realise we must increase population to chase economic growth again
dont you think something is wrong in this cycle? -
FYI, Hong Kong has one of the lowest corporate tax rate in the asia, even lower than Singapore (20%), if Hong Kong (17.5%) can afford not to have any GST; What can we say about Singapore?
We are one hell of a sad exploited lot. -
i think laurence is finally seeing the light...
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its true.Originally posted by maurizio13:FYI, Hong Kong has one of the lowest corporate tax rate in the asia, even lower than Singapore (20%), if Hong Kong (17.5%) can afford not to have any GST; What can we say about Singapore?
We are one hell of a sad exploited lot.
i really dont understand what the govt is trying to prove? -
nothing.. they're not out to prove anything.. they're just out to wring you dryOriginally posted by dragg:its true.
i really dont understand what the govt is trying to prove?