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% […]

GST hike: will Singaporeans rise to the occasion with grit and determination?

Singapore, GST, inflation, challenge, climate, hike, world, care, rise, support

At the IMAS-Bloomberg Investment Conference earlier this year (9 March), SM Tharman Shanmugaratnam talked about the ‘perfect long storm’ that the world has entered, shaped by a confluence of many factors. It is an era of profound uncertainty and fragility. The world has been facing rising prices caused by the pandemic recovery and then exacerbated […]

HDB does not price new flats based on costs: Desmond Lee

land, government, HDB, cost, reserves, value, flat, issue, prices, Singaporeans, fiscal, pay, price, proceeds, run

Minister for National Development Desmond Lee recently gave a good explainer on the issue of land cost and HDB BTO Valuation in parliament. His explanation also covers why the HDB runs at a deficit of a couple or three billion dollars annually. Unfortunately, the parliament is a poor avenue for treating an important subject that […]

When he fails to convince, he confuses!

Leong, Mun, Wai, Government, Issues, Singapore, SPHL, Sports Hub

When will Leong Mun Wai stop wasting the government’s time and focus on the right issues? Some Context Progress Singapore Party (PSP)’s Leong Mun Wai raised an Adjournment Motion during Parliament sitting on 3rd October 2022, to speak about “Ensuring Oversight of Public Expenditures”. Unsurprisingly, it was another attempt to discredit the government. He alleges […]