When I heard the
budget I thought it was $1,000 every year for those making $24,000
or less per annum. That would really help the poor, but when I
visited the budget website, it said $250 a year for 4 years. I must
have ear wax stucked in both my ears, I actually thought they have
changed their ways and moved on to the path of altruism
KNN, more like helping themselves than the poor.
If say the combined assessable income for husband and spouse is
$24,000, after CPF 20% contribution, they would be left with
$1,600. If both of them spend like $1,400 a month, a year they will
spend $16,800.
$16,800 x 2% = $336 per annum
They give you $250 GST credits a year to offset the 2% GST
increase, in the end you still have to end up paying the extra $86
a year for that extra 2% GST. It's only for 4 years, after that
they will remove the GST credit like the previous time they
implemented GST, thereafter no more subsidy.
$336 - $250 = $86
I wonder if there is a Workfare Income Supplement (WIS) scheme this
year?
But looking at their budget, they set aside $530 million for GST
credits, which only resulted in $250 for the poor, I am not too
hopeful for the $200 million they set aside for WIS.
Looks like we have to wait till next election to get our
next $1,000 progress package.
Hahahahaha 
In my opinion, I think we deserve to be tax heavily, because the
majority of Singaporeans are idiots, when people dangle carrot you
are suckered into taking the carrot.
I hope next election they raise GST to 10%, then everybody can
suffer more. You suffer for your stupidity.
Oops I meant, I hope next election they will raise the GST to 10%
so that they can continue helping the poor more.
Hahaha.......
What imbeciles!!!!
