Lessons from WP on how to keep the golden goose lean and thin

spend, goose, land, Singaporeans, future, income, WP, budget, generate, proceeds, well-being, fat, generation, people's, raise, reserves, sale

The Workers Party (WP) which opposes the GST hike, proposes to raise revenue to fund increased spending in the following ways: Use land sale proceeds to fund budget spending; Increase NIRC ( Net Investment Returns Contribution) from 50% to 60%. Point 1 Currently, proceeds from land sales are already being used – indirectly – for budget […]