More social spending + low tax rates = highest surpluses (does not compute?)
How is it possible that we have the highest budget surpluses per capita in the world, with a very low tax rate and huge increases in social spending?
How is it possible that we have the highest budget surpluses per capita in the world, with a very low tax rate and huge increases in social spending?
Have you ever wondered as to why despite the consistent rhetoric that we have been increasing spending by a lot and will spend even more, but you always end up paying a lot more also?
From a cashflow perspective – are we spending any money on healthcare?
The unprecedented announcement of the GST increase in 2021 now is just a lame excuse for not spending more of the record $9.6b (2017) and…
What a world of difference between the Hong Kong Budget and the Singapore Budget!
Budget: Which are the more severe implications?
What do huge Budget surpluses really mean to lower-income workers?
How many lower-income workers may be worrying about the impending GST hike?
Budget: Increase taxes for ordinary Singaporeans starting from 2019, despite overall Budget surplus of $9.6 and $12 billion for FY2017 and FY2016, respectively?
So many endemic issues as we start Chinese New Year!