What Singaporeans say about GST and WP’s proposal to use more NIRC for today

pay, NIRC, country, future, GST, inflation, Singapore, Singaporeans, tax, unknowns

Taxation is an intrinsic part of nationhood. It is unpleasant for the government. It is also unpleasant for the ones being taxed. But, it is an inevitable necessity. The Workers’ Party has called for more to be used from the NIRC (Net Investment Returns Contribution) instead of a GST hike – as much as 60% […]

WP Jamus Lim thinks today’s needs are bigger than tomorrow’s challenges

Singapore, challenge, economy, world, crisis, global, tomorrow's, WP, Jamus, Lim

In Parliament, the Workers’ Party (WP) had argued for more of the NIRC to be used as government revenue for spending. They had called for 60% to 70% of NIRC to be used. In an exchange with a netizen named Richard Weng, WP Jamus Lim said that it was about striking an appropriate balance between […]

In the wake of the collapse of FTX, here are some misconceptions 

FTX, Mas, Binance, Singapore, Exchange, Crypto, List, Users, Cryptocurrency, Entities, IAL, License, Misconception, Solicited

The FTX Exchange (“FTX”) was a centralized cryptocurrency exchange with derivatives and leveraged products. FTX was founded in 2018 by Sam Bankman-Fried, an MIT graduate and former Jane Street Capital international exchange-traded funds trader. Due to its collapse, many misconceptions have arisen, so the Monetary Authority of Singapore (“MAS”) released a statement on November 21 […]