I was thinking of revisiting the issue of reinstating estate duty as it is now a major cause of high property prices with the rich, both local and foreign, finding this as a way of tax evasion. And with the rich amassing more and more properties, knowing that it is very safe, it will only add to the mounting pressure on sky high property prices. But it is also a sad reality that the rich would have vested interest not to change this situation at all. I thought one or two properties of unlimited value would be very generous to the dead.
So far this subject has not been brooded anywhere, and not in the Natcon. But where is the Natcon heading? Things are getting clearer now, that the Natcon is just a conversation. It is a dialogue of sort. You talk I talk. The people talk, the govt talks.
When grave issues of immigration and population were raised by the angry citizens, when high property prices elicited serious concerns by the average sinkies, they were just that. Just raised and nothing seems to be done to ameliorate the Sinkies’ worries.
The govt will continue to sing its song of praises for high population, more immigrants and high property prices. Things will just be the same. The people will talk, the govt will talk, but both not listening. Both talk and talk. This is about sums up what Natcon is all about. Happy Natconning, or happy talking.