Ahtong 1st Gear April 13, 2011 Share April 13, 2011 HOME > ST FORUM > ONLINE STORY Apr 13, 2011 Glad Singapore's frugal rather than profligate NOT only are our taxes low as Mr Byran Goh pointed out ("Forget pay size, this govt's value for money"; last Saturday) but also our Government has made very good use of our money - giving Singaporeans a standard of living that is higher than that in an average Western country. For example, the World Health Organisation ranked our health-care system the sixth best in the world. According to Newsweek, our education system is the fourth best in the world. We also enjoy low unemployment, strong economic growth and a strong dollar, earning us Newsweek's accolade as the world's most dynamic economy. Our per capita income (based on purchasing power parity), according to the International Monetary Fund, is around $57,000, making us the third richest country in the world. The majority of Western democracies tax their people more than Singapore does and spend even more money, resulting in massive borrowings. Yet, the performance of the average Western democracy is worse than ours in terms of education, health care, job creation and general prosperity. Their citizens pay more taxes than we do and get less of a return from their governments. Despite the exorbitant taxes, the governments have to borrow money. So while Singapore was accumulating budget surpluses over the past 40 years, which it invested in stocks and bonds, they accumulated a portfolio of debt. Tan Keng Soon ↡ Advertisement Link to post Share on other sites More sharing options...
Moredhel 2nd Gear April 13, 2011 Share April 13, 2011 HOME > ST FORUM > ONLINE STORY Apr 13, 2011 Glad Singapore's frugal rather than profligate NOT only are our taxes low as Mr Byran Goh pointed out ("Forget pay size, this govt's value for money"; last Saturday) but also our Government has made very good use of our money - giving Singaporeans a standard of living that is higher than that in an average Western country. Tan Keng Soon Near Bay Cheese Pie....... Who is this dog... Link to post Share on other sites More sharing options...
Kelpie 2nd Gear April 13, 2011 Share April 13, 2011 NOT only are our taxes low as Mr Byran Goh pointed out ("Forget pay size, this govt's value for money"; last Saturday) but also our Government has made very good use of our money - giving Singaporeans a standard of living that is higher than that in an average Western country. There is a high price to pay to feed the cabinet. For example, the World Health Organisation ranked our health-care system the sixth best in the world. There is a street saying, can die but cannot get sick in Singapore. According to Newsweek, our education system is the fourth best in the world. Of we are so good, how come we still lack of talents and need massive import of FTs? We also enjoy low unemployment, strong economic growth and a strong dollar, earning us Newsweek's accolade as the world's most dynamic economy. Our per capita income (based on purchasing power parity), according to the International Monetary Fund, is around $57,000, making us the third richest country in the world. Probably come from highly inflated cars (High COE) and flat (using CPF to finance debt from flats). The majority of Western democracies tax their people more than Singapore does and spend even more money, resulting in massive borrowings. Yet, the performance of the average Western democracy is worse than ours in terms of education, health care, job creation and general prosperity. Their citizens pay more taxes than we do and get less of a return from their governments. Despite the exorbitant taxes, the governments have to borrow money. Singaporean are really something but will soon be extinct. Regards, Link to post Share on other sites More sharing options...
Tigerwoods Turbocharged April 13, 2011 Share April 13, 2011 Near Bay Cheese Pie....... Who is this dog... They still don't get it We expect 1st in the world for everything with this pay. We are not complaining too much pay, we are complaining not value for money yet... Link to post Share on other sites More sharing options...
Sdf5725 1st Gear April 13, 2011 Share April 13, 2011 HOME > ST FORUM > ONLINE STORY Apr 13, 2011 Glad Singapore's frugal rather than profligate NOT only are our taxes low as Mr Byran Goh pointed out ("Forget pay size, this govt's value for money"; last Saturday) but also our Government has made very good use of our money - giving Singaporeans a standard of living that is higher than that in an average Western country. For example, the World Health Organisation ranked our health-care system the sixth best in the world. According to Newsweek, our education system is the fourth best in the world. We also enjoy low unemployment, strong economic growth and a strong dollar, earning us Newsweek's accolade as the world's most dynamic economy. Our per capita income (based on purchasing power parity), according to the International Monetary Fund, is around $57,000, making us the third richest country in the world. My friend, then 23 got cancer 3rd stage. tried in singapore for screening more than half a year, could not find anything wrong. Went Penang and found out it is cancer at 3rd stage. And our health-care system is 6st best in the world? then Malaysia is way better than us. i am not sure about the third richest country vs ppl income here. what i know is SGD10.00 laksa ppl already kpkb, petrol increase few cents ppl also kpkb. I dont see we are that rich yet. The majority of Western democracies tax their people more than Singapore does and spend even more money, resulting in massive borrowings. Yet, the performance of the average Western democracy is worse than ours in terms of education, health care, job creation and general prosperity. Their citizens pay more taxes than we do and get less of a return from their governments. Despite the exorbitant taxes, the governments have to borrow money. So while Singapore was accumulating budget surpluses over the past 40 years, which it invested in stocks and bonds, they accumulated a portfolio of debt. Tan Keng Soon i believe western democracies give benefit for ppl, old ppl, sick ppl. so they have to find a way to serve the ppl there. here is you lose job,you are not competitive, you old, your problem. you sick, your problem. only input, little output, that is why we got so much reserves for a few ppl income instead of trying hard to provide service to general ppl. Link to post Share on other sites More sharing options...
Joseph22 Turbocharged April 13, 2011 Share April 13, 2011 (edited) They still don't get it We expect 1st in the world for everything with this pay. We are not complaining too much pay, we are complaining not value for money yet... not enough pay for peasant Edited April 13, 2011 by Joseph22 Link to post Share on other sites More sharing options...
Sdf5725 1st Gear April 13, 2011 Share April 13, 2011 They still don't get it We expect 1st in the world for everything with this pay. We are not complaining too much pay, we are complaining not value for money yet... no lah. the high pay is not for the value of money. is to prevent corruption only. so once in a while, when some of the members going to be corrupted, they will raise the pay again so that temporary, there is no corruption only. so next time you see who is going to get from pay rise, you know who had an intention to be corrupted. Link to post Share on other sites More sharing options...
Felipe 3rd Gear April 13, 2011 Share April 13, 2011 western countries got high tax. but the folks are well-taken care of in old age. Have u ever seen western old ppl slogging it out in foodcourts or petrol stations? it's a sight that i've not seen yet. Link to post Share on other sites More sharing options...
Kiadaw 6th Gear April 13, 2011 Share April 13, 2011 maybe WHO also consider in the quality of our spin doctors, which I heard are really good. Link to post Share on other sites More sharing options...
Kiadaw 6th Gear April 13, 2011 Share April 13, 2011 western countries got high tax. but the folks are well-taken care of in old age. Have u ever seen western old ppl slogging it out in foodcourts or petrol stations? it's a sight that i've not seen yet. You mean pension system. Actually, I prefer to py higher tax, but get pension system. At least you know you have money until you die. CPF, you have to ration how much to use, as you don't know when it will finish. Very dangerous. Edit: I made a mistake, we do have pension system....for our world class Ministars! Talk about double standards.... Link to post Share on other sites More sharing options...
Moredhel 2nd Gear April 13, 2011 Share April 13, 2011 western countries got high tax. but the folks are well-taken care of in old age. Have u ever seen western old ppl slogging it out in foodcourts or petrol stations? it's a sight that i've not seen yet. I don't mind pay abit higher tax % equivalent to median of first world countries. Now kindly release my CPF and provide a pension fund for all Singaporeans!!! Scrap COE, ERP, SCC, Pertol Tax, Cigrattes Tax, Alcohol Tax, GST, Your 5xPeanuts salary, Casino Entry Tax, Stampduties tax, smlj tax. Deal? Link to post Share on other sites More sharing options...
The_Bear Turbocharged April 13, 2011 Share April 13, 2011 I don't mind pay abit higher tax % equivalent to median of first world countries. Now kindly release my CPF and provide a pension fund for all Singaporeans!!! Scrap COE, ERP, SCC, Pertol Tax, Cigrattes Tax, Alcohol Tax, GST, Your 5xPeanuts salary, Casino Entry Tax, Stampduties tax, smlj tax. Deal? can we have porn? Link to post Share on other sites More sharing options...
KARTer 2nd Gear April 13, 2011 Share April 13, 2011 (edited) HOME > ST FORUM > ONLINE STORY Apr 13, 2011 Glad Singapore's frugal rather than profligate NOT only are our taxes low as Mr Byran Goh pointed out ("Forget pay size, this govt's value for money"; last Saturday) but also our Government has made very good use of our money - giving Singaporeans a standard of living that is higher than that in an average Western country. For example, the World Health Organisation ranked our health-care system the sixth best in the world. According to Newsweek, our education system is the fourth best in the world. We also enjoy low unemployment, strong economic growth and a strong dollar, earning us Newsweek's accolade as the world's most dynamic economy. Our per capita income (based on purchasing power parity), according to the International Monetary Fund, is around $57,000, making us the third richest country in the world. The majority of Western democracies tax their people more than Singapore does and spend even more money, resulting in massive borrowings. Yet, the performance of the average Western democracy is worse than ours in terms of education, health care, job creation and general prosperity. Their citizens pay more taxes than we do and get less of a return from their governments. Despite the exorbitant taxes, the governments have to borrow money. So while Singapore was accumulating budget surpluses over the past 40 years, which it invested in stocks and bonds, they accumulated a portfolio of debt. Tan Keng Soon Rich or poor not absolutely important..... high GDP or high ratings (as mentioned in first post here) not important.... the question is:- Are the masses happy?? ........ do they look beyond material well being?? .......... do they have time for family?? ......... we all know too well even the person is ranked top in school, university, career, he may not be geniunely happy (even when he is not chasing 5Cs)..... so will a society ps- this is my brief response to this thread to keep it on my list of "paticipated posts" before i 'lose' it.... Edited April 13, 2011 by KARTer Link to post Share on other sites More sharing options...
Eyke Supercharged April 13, 2011 Share April 13, 2011 so next time you see who is going to get from pay rise, you know who had an intention to be corrupted. so it's like opening the bank vault and giving the cash inside to potential bank robbers b4 they even attempt to rob the bank? amazing crime-prevention! Link to post Share on other sites More sharing options...
Koko 4th Gear April 13, 2011 Share April 13, 2011 no lah. the high pay is not for the value of money. is to prevent corruption only. so once in a while, when some of the members going to be corrupted, they will raise the pay again so that temporary, there is no corruption only. so next time you see who is going to get from pay rise, you know who had an intention to be corrupted. So you mean the prata-man... oops! Link to post Share on other sites More sharing options...
Acemundo Supercharged April 13, 2011 Share April 13, 2011 We also enjoy low unemployment, strong economic growth and a strong dollar, earning us Newsweek's accolade as the world's most dynamic economy. Our per capita income (based on purchasing power parity), according to the International Monetary Fund, is around $57,000, making us the third richest country in the world. Probably come from highly inflated cars (High COE) and flat (using CPF to finance debt from flats). precisely, i don't know what our dumb education system has done to educate these people to be so proud of being fleeced by our own government. havent they realize that the high budget surplus in many parts came from us (in the form of the coe, erp, stamp duties, lta transfer fees that we paid to them). tell me which education system in the world can make its students feel happy at being made to support world class ministerial salary? Link to post Share on other sites More sharing options...
Sdf5725 1st Gear April 13, 2011 Share April 13, 2011 not i said one. someone said that to justify the increment. i just accept what they said and visualize the situation only. Link to post Share on other sites More sharing options...
Tigerwoods Turbocharged April 13, 2011 Share April 13, 2011 (edited) western countries got high tax. but the folks are well-taken care of in old age. Have u ever seen western old ppl slogging it out in foodcourts or petrol stations? it's a sight that i've not seen yet. The problem with the West is they tax the people so high but still no money, need to borrow money to take care of oldies. SG on the other hand is really at the other side of the balance with alot of money in garment but stingy. What went wrong with the West ?? Edited April 13, 2011 by Tigerwoods ↡ Advertisement Link to post Share on other sites More sharing options...
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