APEC 2024 Peru. Biden shafted to a corner in the back row. Xi in front row next to Peru's President
7/15/2008
Supertalents deserve high pay
The coming transport fare hike is not only affordable, but also manageable. It may be 3% or 1%, regardless of how many millions the transport companies are still making. They needed the fare hike in view of higher oil prices, and of course accounting to the shareholders for a better profit.
That is not all. The most brilliant part about the fare hike is that they will ensure the 'greater majority of commuters gain from the adjustment'. This is just as ingenious as the GST increase to help the poor. These supertalents must be nominated for the Nobel Prize for such creative fare hikes and GST hikes. No where in the world can increases in tax and fare hikes ended up benefitting the poor or the majority of commuters.
This is uniquely Singapore. The same formula should be applied to other ministries and stats boards. The new ERPs will also help and improve businesses. Can we have more taxes to improve the well being of our population? Singaporeans should appeal for more increases in hospital bills and other bills to better their lots.
Uniquely Singapore. That's the way to go. More pay for the ministers to better our lives. Just don't tell us to tighten our belts.
More pay for the ministers? Of coz they don't have to tighten their belts. They don't even have to tighten their belts with their current existing high salaries. If their pay gets increased further, all the more they don't have to tigten their belts.
ReplyDeleteAs for ordinary average-salaried Singaporean workers, tightening belt is not something which they willingly do. It's something they have no choice but to do if they want to make their meager salaries last until the end of each month.
and no meddling with the market mechanism.
ReplyDeleteThey don't have to tighten their belts! On the contrary, they are getting larger pants and longer belts to cope with the coming salary increase. They are getting ready for the next ten promising years. Are you ready?
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