A long long time ago, in the name of avoiding welfarism
government has already set up many GLCs to take over provisions of
essential government services from medicare to postal, housing,
transportations and utilities etc, with the intention to reduce
their liability for provisions of government services.
Thus the same government which keeps telling people about the
danger of welfarism has no longer provided anything to the citizens
as it has largely farmed out provisions of such services originally
paid under taxes back to the citizens.
Such government linked companies charge monopoly fees like the
transport and utility companies to cover their costs of operations
plus making of a profit. These profits are being used to reduce
government costs and enrich the state coffers as well as to pay
ministers and civil servants higher salaries and bonuses.
If all these back-charging of costs through GLCs are taken into
account, citizens in effect are paying much more than taxes to
support the government.
Instead of showing surpluses and profits from government linked
companies, land sale profits from URA and HDB, ministers still keep
increasing taxes and making more profits to justify paying
themselves more and spending on extravagant seven wonders.
It is using peoples monies to self-reward their own scholars and
connection in many GLCs instead of passing profits back to the
people. It is denying responsibility of helping the citizens who
have been paying all kinds of costs unnecessarily on top of the
taxes.
www.friendster.com
