Toa Payoh Interchange

• Urroh

  13 Dec 06, 15:42

  Originally posted by manjieass:

  ok.. then LTA collects rent cos broke even after collecting tax cos build too many Expressways liao..

  Government will get broke one meh??
• stooper

  13 Dec 06, 17:50

  Originally posted by Urroh:

  Government will get broke one meh??

  Yah lah! GST increase to 10% later... Then they kope all the money for themselves so they can have a salary of X peanuts...
• 105090

  13 Dec 06, 19:31

  LTA never gets broke..
  
  imagine all the road taxes, import duties, etc which a vehicle pays
  
  example: subaru Impreza, Cost about $30,000, Import Duty: 110% = $33,000.
  
  Add in GST 55 = $3,150. Add in COE about $12,000.
  
  thats nearly $80,000.. not forgetting parking, summons, inspection fee, and petrol tax (50cents/litre), insurance and depreciation
  
  whos going broke?