More Lies...
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They are very successful leh.Originally posted by maurizio13:Companies don't exist for altruism, their sole motive is generating large profits.
Temasek and GIC can go around and investing in numerous banks globally such as in China and Switzerland.
At least 3 China banks, each investment worth at least US$0.5 billion. And the recently GIC and USB US$10billion investment. WOW!!!
But then this is the Government money and government money is PAP money and PAP money is Lee family money.
So I reckon they wont admitted that IT(National fund) belongs to ALL Singaporeans. so we have no right to say anything. -
Which is based on the road tax. I suspect it's one of the reasons why diesel tax for passenger cars hasn't been abolished (the official reason cites particulate emissions), and also why our fares are still lower than those in deeloped countries.Originally posted by maurizio13:I just verified, there is no diesel excise duties.
I misinterpreted "other motor spirits" as diesel in the customs website.
But there is still the diesel tax.
Citing emissions will hold no water very soon though, once technology that reduces nitrous oxide and particles becomes widespread. -
edited for double post. Apologies.
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I don't think the regime gives a damn about whether their reasoning makes sense. With P4P it's simple, either do or die, no other alternatives.Originally posted by Kuali Baba:Which is based on the road tax. I suspect it's one of the reasons why diesel tax for passenger cars hasn't been abolished (the official reason cites particulate emissions), and also why our fares are still lower than those in deeloped countries.
Citing emissions will hold no water very soon though, once technology that reduces nitrous oxide and particles becomes widespread. -
You never know - the environment is at stake. We're high up on the list of countries which produce the most CO2 per capita.Originally posted by maurizio13:I don't think the regime gives a damn about whether their reasoning makes sense. With P4P it's simple, either do or die, no other alternatives. -
Do u really think the Government care about the environment?Originally posted by Kuali Baba:You never know - the environment is at stake. We're high up the list of countries which produce the most CO2 per capita.
PM Lee said today in Bali " Environment protection should not be carried out at the expense of economical growth."
He make it clear that Singapore puts economy as top priority. -
Have we not ratified a few agreements? If so I'll remain cautiously hopeful.Originally posted by Spartans:Do u really think the Government care about the environment?
PM Lee said today in Bali " Environment protection should not be carried out at the expense of economical growth."
He make it clear that Singapore puts economy as top priority. -
... when times are good, the taxis operators look to maximize their profits and when times are bad the taxi operators look to maximize their profits... you think they care about the taxi drivers and the commuters?
They only care of maximizing profits.... and when people have no qualm taking so much public money for themselves.... you think they care if you are not happy paying so much for essentials of life?
They use the fact that these are essentials, necessities to hit you ... because that is where it hurts you most, you have no choice, they are necessities....... -
like i said, that is an old tax, when diesel were ridiculously pollutant.Originally posted by LazerLordz:deathbait, read up on the latest Euro VI diesel standards and tell me if these are grounds for a pollution tax.
things change. Laws lag behind. It's that way everywhere. -
You want to talk about perverse logic. Do you think cabs are FORCED to use diesel?Originally posted by kilua:Some perverse logic... So you expect diesel vehicles to use water to power their vehicles?
Did you know diesel vehicles have to pay 6 times*road tax as additional diesel tax
If the road tax for a petrol car is $1200 a year, a diesel vehicle of similar capacity has to pay an additional diesel tax of $7200 per year on top of road tax.
It's cheaper for them than gasoline. End of discussion. No math needed here. -
For your information, diesel versions of the car models you speak of are readily available. They are just not popular in singapore because of the tax. In that regard, that tax is doing exactly what it's meant to do...discourage private transport from using diesel.Originally posted by maurizio13:You mean these days there are private cars running on diesel?
Which private car in the market runs on diesel in Singapore? Honda, Toyota, Nissan, Hyundai, BMW, Mercedes?
FYI, I don't criticise everything and anything about the government, only those policies which are overbearing and tyrannical.
Does it make sense?
The government places a tax on diesel (which is meant for use by public transport), sells these diesel to public transport companies (government linked companies). Then these companies need to make up for the cost of the diesel tax, charges consumers more for fares to cover the cost of the diesel + diesel tax, then adds a premium so that they can generate healthy profits.
At the end of the day, the government makes from the diesel tax (meant for public transport) and profits from fares paid by consumers.
Next you'll start complaining about alcohol tax and how they are causing bars to overcharge ppl. -
Originally posted by deathbait:You want to talk about perverse logic. Do you think cabs are FORCED to use diesel?
It's cheaper for them than gasoline. End of discussion. No math needed here.
I am sure you would also say the government is not overtaxing cars because everyone is buying cars... despite Singapore having the highest tax in the world. ERP is low because everyone are still using the roads.
The fact that despite the tax, it is still the cheaper alternative for transport owners who consume tons of fuel is testament to the fact that the government is not overtaxing. -
2.one day in a month for servicing,Originally posted by play_n_play:comfortdelgro got 15,000 taxis,
if all taxis are rent out everyday,
it could have revenue, 15000*365*80 = 438million...
easy money???
change parts,
maintaining workshops,
depreciations.....
there are many costs,
pl count all in... -
if i am not wrong the cab fare in sg will soon be compariable to that of brisbaneOriginally posted by lionnoisy:2.one day in a month for servicing,
change parts,
maintaining workshops,
depreciations.....
there are many costs,
pl count all in...
Sg is a competitive country, os as the price... compete to go up...