Why all the madness in raising taxes, prices and fees

It was announced that the electricity tariffs will increase by 3.5% to 24.24 cents per kwh starting from tomorrow onward. This makes tariffs the highest since December 2014.

SP Group said that the increase is largely due to “higher energy cost compared with the previous quarter”. What is bizarre is that Singapore is overproducing electricity energy.

Realistically, when there is an over supply while demand remains constant, prices should go down. But we have a government that wants to charging higher Tariffs!?

This is not the only area affecting Singaporeans: Public transport fares are at their highest level! GST is inching higher by 28.5%! Yet the salaries of average Singaporeans depressed by opening an inflow flood of cheap labour?

Prabu Ramachandran

The above is posted in TRE. Ask a simple question, why the mad rush to raise prices, taxes and fees?

The answer, no need to think, no need to look further. Don't listen to those idiots that claimed that higher prices or fees are meant to be a lesson on thriftiness. Don't be conned by those that claimed that higher taxes and fares and prices are to help the poor.

The answer, can it be that the govt is short of money? Can it be that there is a big big hole that needs to cover up? If not, why is the govt so desperate in collecting more money? A lot of billions or trillions in the reserves? You believe that? If the govt has so much money, why so desperate to raise taxes and prices and fee and fares? I think, maybe on paper should be like that but in reality the money in hand does not match the money on paper. So die die must raise taxes, increase fees and prices...to collect more money to fill up the big hole.  What do you think?

I can't think of any better answer. Paying millions in bonuses to ministers does not need so much money. As some joker had said, only a plate of char kway teow will be enough to pay for all the million dollars in bonuses. There is something more serious than meets the eyes.

Below is Lim Tean's comment on a post by Philip Ang in TRE. Who is spreading fake news?

'SP group has announced another 3.5% electricity tariff hike for Q1 2020, bringing the tariff to the highest in 5 years! They issued a bare statement yesterday saying energy costs had increased to justify the tariff hike but no details were given.

To say that both the SP group and the EMA owe Singaporeans a substantial explanation how energy costs have increased would be an understatement! Why Are Electricity Tariffs Rising To A 5 Year
High When LNG Prices Have Plummeted 43%?

Read this brilliant analysis by Phillip Ang which will make your blood boil:'