CPF savings without interest earned. WHAT savings is this, worst than Japan. 20percent tsk tsk. what if a low income family who's gross earning is only 1000, take home pay is then 800. how to feed a family,esp if there's children and parents to support. Plus plus, the increase in GST to 7%, it may seem small prolly a few cents more but in the long term, its will hit hard on consumers. With the low mpc in singapore, the mpc will be even lower after the increased indirect taxes.So, in order to attract investors,there is a increase in consumer taxes than corporate taxes to finance government spending on things like infrastruture and more more more highways.WOAH. Thank you.
i'm soooo mad.
