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Tag Archives: taxation
Budget 2018 and the future…going forward
Budget 2018 and the future, going forward. What will give way? What will exhaust first between taxation and national reserves in a fast declining population, and a fast aging workforce? Can both continue indefinitely? ——— The proposed 2% point GST … Continue reading
Posted in Budgets 2018, etc., Government, Govt's Budget, National Reserves, Politics, Taxation
Tagged 2018 Budget, National Reserves, taxation
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Why PM’s salary and ministers’ salaries so high, total some S$50m? How to depoliticise it? Salaries are up for 5-yearly review; From May 2011 and 2017, PM is paid S$2.2m annually; President: S$1.54m; Should PLCs pay S$50m by payroll tax or donations to pay ministers’ salaries? Can all the PLCs afford to pay S$50 million per year in total? WP said that they want only S$25m; Don’t use general taxation or the GST to pay them; Paying it by PLCs [not by Singaporeans] will attract less political pressure and dissatisfaction, and lessen politics of envy on the high pay issue;
========== . How to depoliticise the S$50m? Solutions? WP has declared in Parliament that they can do the job for half the amount, S$25m. Will 25 be better than 50 in reducing the political pressure by half? Will reducing it … Continue reading
Posted in Budget 2014, Business, Finance, and Scams, Corruption, Economy; Perfect Economic Storm? When?, Government, Govt's Budget, Lee Kuan Yew's Legacy [His life 1923-2015], National Day Rally - new policies and strategies, Politics, Socialistic Policies, Taxation
Tagged 2014 Budget, Govt's Budget, ministers' salaries, payroll tax, taxation
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