Why is it that so many people in Singapore (but everywhere else too, really) think they know how to run an entire country? And why so many are so eager to comment without reading? Someone posted a screenshot of a Skills Future training course on cleaning toilets and widespread netizen
Last week we were able to witness another disturbing attempt to justify raiding Singapore's reserves by local opposition parties. Since raising taxes is unpopular and opposition politicians have no idea how to generate more money to fund their generous populism that aims to rob PAP of votes, it&
Nine percent GST rate is upon all Singaporeans, starting January 1st of 2024. Here's, one final time, one chart and two reasons which explain why the tax is going up. Reason no. 1: the society is getting older, requiring higher expenses i.a. on healthcare from the national
Remember Jamus Lim proposing wealth taxes of up to 2% for Singapore? Well, this is what has just happened in Norway, after the government bumped the local wealth tax rate by 0.1%. Norway is one of the few countries which is taxing wealth, at a combined rate of 1%
Dear Jamus Lim: why do you lie? How do you get up in the morning and look in the mirror knowing that you're about to start another day shamelessly misleading millions of Singaporeans, going as far as abusing your parliamentary privilege to spew outright falsehoods, only to play
So, Pritam Singh chose to grandstand again, this time preaching about the dangers of division of the country into two Singapores. To fight it he urges more wealth redistribution! And then he chose to circulate what I'm sure his party colleague would call "folksy wisdom", that
I'm often wondering what drives people who are rabidly populist. Is it some sort of thirst for power or merely unbelievable, self-assured ignorance? Regardless of the motivations PSPs "Telegrampa", Leong Mun Wai appears to be at it again, desperately trying to attack the most successful public
This is why I hate "journalists". Some years ago people at the Economist had a decent idea to create a tool for comparing living costs for EXPATS in different, major cities of the world, to allow companies estimate complete relocation and employment expenses. Of course, with time they
So far, the only alternatives to the impending GST hike in Singapore are based on taking money from somewhere else. But what if there was one that didn't require any new taxes or draining the reserves? In fact, what I'm about to point to is one
So, the amendment of the GST bill is proceeding through the parliament, meaning the hike is just around the corner. And, I know, we've been through this topic many times already. We've heard it all from politicians (both PAP and opposition) arguing for and against the
Two years have now passed since Jamus Lim suggested borrowing money to fund additional spending by the government during a parliamentary debate on i.a. minimum wage in September of 2020. Subsequent events of these two years show us who was right on policy - and the differences between economic
Regular complaints about Formula 1 race in Singapore are really rather annoying. The whole event is not only a bargain for the city-state but an investment generating a very positive ROI. The cost of organizing the race is about $150 million. 60% is paid directly by the government with the
