Which service is being subsidised by the
government ? Low cost housing? Medical or Utility? Just name
one?
For years LKY has been putting up such a propaganda that
government is subsidising government services.
On the other hand, is the government not over-taxing and profiteering in through HDB selling low-cost
housing at market price on lands already paid for by citizens with
tax monies? Is selling of low cost housing at market price on lands
already paid by citizens a subsidy?
Mah Bow Tan called such low cost housing subsidized. When
queried he pretended it is market subsidy meaning subsidy
below market price is to him a subsidy when HDB is
in fact making huge profits. The profits were not shown in HDB
account due to creative accounting being practised transferring the
profits to the Singapore Land Authority before the sale.
If government taxes the people through public housing and double
charging on lands etc while holding back on spending for provisions
of basic government services is any rebates or discount given
really subsidy.
For 40 plus years he has been calling such
discounts or rebates subsidy and now he is still using the same
shameful method to increase tax fees and prices. So all can see why
citizens are getting poorer and poor and many are migrating to get
out of such an oppressive society.
This is the root of
much of citizens' suffering trying to live with rising costs caused
by sucking of monies for every service using the excuse of no free
lunch and no subsidy when it is profiteering all the time at the
expense of citizens.
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