After so many tax hikes, grabbing more CPF money, higher ERP fees, higher COEs, 30% fee water hike, still want to tax more? What is happening, our treasury drying up? Something must be seriously wrong with our finances. With more tax revenue, with the huge profits of GIC and Temasek bringing in billions, still not enough meh?
What about cutting down on the grandeur items, on frivolous expenditure
that is not necessary, not essential like the F1 and the fake garden and
the free scholarships given to foreigners, just to name a few? What
about cutting down on the hiring of so many foreigners in the academia
and so called think tank agencies? When money runs out, isn’t it the
first thing to do should be to look at the expenditure, cost cutting?
What about cutting down on military toys and extravagance and stop
spending as if we have a mountain of gold and money is not important,
What about improving productivity, from the top down? Why is there a
need for so many ministers, two ministers plus so many ministers of
states, etc etc to helm a ministry, so many mayors? Is this productive
or counter productive? What about the many million dollar jobs that may
not be necessary or justified? Not every ministry is the same, not every
stats board is the same, not every GLC is the same. It is time to cut
down on extravagance and frivolous million dollar salary. If jobs do not
justify a million dollar pay, then the incumbent should not be paid in
millions. Let the highly qualified incumbents that could command million
dollar salaries to go where they could be paid justly for their
contributions. Anyone earning million dollar salary must account and
justify by his contribution. Did they produce goods or services that are
worth more than their million dollar salary? Million dollar salary in
public service must not be a given. It is taxpayers’ money and derived
from taxes, a big burden on the people.
The people have been squeezed dry to the bones. Even their CPF savings
are said to be not their money and people can anyhow make them pay by
compulsion for things they did not want nor agree to pay.
The belt tightening should be at the top, aim at those with a 50 inch
girth than the lean and bony citizens that have nothing much left to be
taxed. Take away a few hundred thousand dollars from a million dollar
man is nothing compare to taking a few dollars from a pauper. Stop being
so mean to the less able. They are poor but not idiots, not fools. Stop
squeezing them so very often. Where is your heart?
Do you think raising taxes would raise cost of living and would turn
this place uncompetitive and bad for the economy? Who cares? What is
important is that high taxes mean that there will be enough money for
big bonuses, for more pay hikes, and continued to be paid in the
millions. You die your business?