Out in the papers + channelnewsasia.......Originally posted by jiraiya2005:u got this news from where?
A countermeasure for GST hike?Originally posted by hloc:Me happy as long as got increase..... can't make noise about things you have no control over.......![]()
But....... will only believe when i see the Black&White.......
Originally posted by anonymouscoward:They good at covering up, side tracking, misinformation, etc.
Good new, good news! CPF to recover 1.5%. Or is it? Nothing to celebrate until it is confirm but I will say that 1.5% is NOT ENOUGH!
But that's 50% of the cut from 16% to 13%. Yeah right! Did anyone not notice the huge propaganda by our world's 146th? Employer CPF used to be at [b]20%, not 16%. All these hounding on 16% seems to want to drum into the minds of Singaporean that it was never at 20% and is in fact, signaling that it will never, ever recover to 20% again.
The Govt is finally listening? Yeah right. Crap! I'm still wearing brown every Sunday.[/b]
As the minister said, this is a balance between the desire of workers to have their CPF restored to some extent and the interests of the employers who do not want to pay more.Originally posted by maurizio13:Agree, it's 20% before it dropped to 16%, think that's to let people know that it's never going to recover to 20% ever again.
huh!... strike a balance like the high and rising income gaps?Originally posted by oxford mushroom:... You cannot please everyone. The government has to strike a balance between the interests of people like you and those like LinYu. Most importantly, the decision must be in the best interests of the nation as a whole.
Of course lar den? gst percentage points increase meh?Originally posted by dragg:cpf is it?
Agree. Most S'porean - incl me - are only good at critising. Like i say, as long as they increase back, I'll be happy.Originally posted by airgrinder:well then, anyone have any good suggestions instead of critising?
As it is already so apparent over these decades, it has NEVER been their interest or intention to help ease living costs for the people. Their only interest and focus is in increasing their own friggin revenues and pockets of all their ministers.Originally posted by anonymouscoward:The government can easily reduce the cost of doing business by reducing land tax. The avalanche effect would be lower cost of rental and thus, a huge reduction in business operations. And that's just one of the many things they can reduce to lower the cost of living.
Sadly, our Gahmen only knows how to increase cost; citizens not happy with FT, okay, increase FT's cost. Reducing is a very dirty word to them.
Giving the employee more money in the CPF helps them accumulate funds to pay for their housing will increase their propensity to spend. Spending will help move the economy ecosystem.
Reducing employee's CPF means more cash upfront but they have to fork out more money for loans and tax. Reduction, mean employees earn less and thus, the subconscious mind will limit their propensity to spend; bringing about a slow down in economy.
Today's government policies are aimed to
1) Make the government rich
2) Make the business rich
3) Make the employees poor
Why can't it be?
1) Sustain the government's wealth
2) Make the business rich
3) Increase the living quality of the poor
if i have an idea the govt might as well pay me a percentage of the ministers' salary and retrench them.Originally posted by airgrinder:well then, anyone have any good suggestions instead of critising?
You are right!!!Originally posted by anonymouscoward:The government can easily reduce the cost of doing business by reducing land tax. The avalanche effect would be lower cost of rental and thus, a huge reduction in business operations. And that's just one of the many things they can reduce to lower the cost of living.
Sadly, our Gahmen only knows how to increase cost; citizens not happy with FT, okay, increase FT's cost. Reducing is a very dirty word to them.
Giving the employee more money in the CPF helps them accumulate funds to pay for their housing will increase their propensity to spend. Spending will help move the economy ecosystem.
Reducing employee's CPF means more cash upfront but they have to fork out more money for loans and tax. Reduction, mean employees earn less and thus, the subconscious mind will limit their propensity to spend; bringing about a slow down in economy.
Today's government policies are aimed to
1) Make the government rich
2) Make the business rich
3) Make the employees poor
Why can't it be?
1) Sustain the government's wealth
2) Make the business rich
3) Increase the living quality of the poor
Will lah. They can't be that cruel to hold on to your CPF when you are 99 years old right?Originally posted by laurence82:Besides, we are not going to recover all of our money when we retire, so what is the point?