Chuan
Jin said CPF is your money. Matilah Singapura, one of my loudmouth extremely
opinionated fans in mysingaporenews disagreed, and for many years had been
scolding everyone for thinking or believing that the CPF money is their money
and not a tax. So, who is right, the minister or Matilah Singapura?
If
I believe in authority, I must agree that a minister must be right. How can a
minister be wrong or be telling lies? And I must naturally disagree with an
opinionated foul mouth blogger that he is wrong. A blogger simply has no
credibility when put beside a minister.
Another
way of deciding who is right is to draw up a list of criteria to give one an
objective way of comparison. When the money is your money, the criteria to
support such a conclusion are very straight forward. You can take the money
anytime you like and put it into your pocket. You can buy anything you like,
anytime you like without having to ask anyone for permission. Another simple test,
you can hold the money in your hand to touch and enjoy the smell of money. This
is definitely different from looking at a piece of paper saying you have so
much money but cannot touch or see the money.
Let’s
look at the money in the CPF that Chuan Jin is your money.
Can
you take back your money anytime you like when you feel like it?
Can
you spend on anything you like at your fancy?
Or
can the person holding your money for safekeeping be allowed to spend your
money without your consent or even force you to spend your money because he
said so?
Can
the person keeping your money decide when and how much to return to you?
KNN,
looks like this foulmouth blogger called Matilah Singapura is right leh. The
money is not your money when you can’t spend it as you like. But is it a tax
like what Matilah Singapura called it? This one is a bit technical. Must ask a
legally trained professional to explain. But such professionals are likely to
say yes and no subject to this and that and you end up not knowing what they
are saying. And so far none of them want to say anything. Maybe no one ask them
or no one pays them to say something. Mahathir once said, fishing in Malaysia very easy. In Singapore, very difficult as the
fish would not open their mouths.
So,
is CPF your money?
Kopi Level - Green