Just the last reply... got beginning got end
Can you elaborate this point of yours? I am not very smart and I
don't do mind reading.
I give u an example
company A made 10 million and it recruit 1000 people in country A
each 2000. A lesser tax of 10% means company take home 7 million (-
tax then labor for easier calculation)
company B made 10 million but it recruit 10000 people in country B
each 200. The place got high tax of 50%. Company take home 3
million.
As seen here the tax rate is important. Company A should go to
country A. If it go to country B, it will get only 4.8 million.
Similarly if company B go to country A, it will make a loss. U get
the picture now ?
I don't understand your statement. Can someone explain what
he/she is trying to say?
Putting it simply, if gov don't charge for land, then it will
charge from other venue like 20% GST. Land tax is better than GST
simply because it make the people with more land contribute more to
budget. Tis helps to lower the rich and poor divide.
You are comparing public housing like HDB to Bungalows? They are
different housing type. HDB apartments is no frills basic living
area, whereas Bungalow is a privately developed project (where
companies have a profit motive and will provide premium
development). That plot of land that resides the Bungalow, built up
to 12 floors can probably accomodate 48 families.
U need to get the underlying idea. If land is free, people waste
land. Do u agree ? If land is free for the people living in HDB,
why does gov charge land for people living in condo or bungalow ?
Is it fair to them ? They contribute tax and serve NS as
well.
Good quality air is in short supply, goes to show how much you
know about global events. Research on Kyoto Proctocol, curbs on
pollution emissions. It is a traded commodity.
Tis is rubbish. I repeat. There is no economy for air because
there is too much supply of air and no need of management
What is deemed an appropriate amount of MPs in parliament? You
claim that 45 MPs is too little. Do you have any relevant research
to substantiate your argument?
Not really, but I do know other countries have a few hundred
senators and it seem to be working fine. Now u claim the lesser
people the better. U have any relevant research tat show it helps
?
Since when did "Ermmm, like I said I don't want to compare
China, because China has 3 gorges and nuclear energy, which is a
cheaper source." became your response? I posted it, you copied it
to reply to me?
Tat is a posting mistake. It should be together with the quote
below
Go read the financial statements from Singapore Power.
...
which means SGD 16.80 will produce 292.99 Kwh of electricity. I am
not sure what is the process loss (of if there is any) during the
conversion from natural gas to electricity, but let's say it's 10%.
So we end up with (292 Kwh X 90%) = 263.69 Kwh.
Then how about the cost for building the power plants ? The cost
of transporting the gas ? The maintenance of the plant ? Somes
plant r not burning gas but also fuel ? U also do not know how
efficient from gas to electricity as well 
How much do u pay per month for your utility for your whole family
? Do u think tat is suficient to pay for the 4 billion dollar for
the use by army only ?
Furthermore, I have already suggested tat singapore power have
invested itself in a lot of places. The share price rise may simply
hint tat its investments r paying off. 
Reclaiming land is different, the amount of money they pay, when
they sell to investors, they make profits from it. If you build HDB
on reclaim land, then it would justify adding the "cost" of
reclaiming the land to the price of the HDB. But then again, are
all the flats built by HDB standing on reclaim land?
The point is to show tat land is limited in singapore and
singapore have to waste a lot of money on reclaiming land. So your
claim tat is cost zero is not really true
Duh!!! Isn't it obvious, you don't buy your own bond issues!!!
You buy other government bonds!!! And I mean government bonds from
other countries!!! In case you don't see my point again.
Then it brings more unstability and risk since other country may
face inflation and change in rates bet singapore and their
currency. Wat country do u suggest tat have 5% compounded interest
and last 99 years ?
How dorky can you be? Geez!!! You have missed the forest for the
trees.
Do read my post again and understand where I am coming from.
My example shows the problem of your analogy. U r seeking
compassion points by telling a story of handicapped and under
priviledge people and u volunteer work for them. However in the
real HDB scenario, u r talking about the masses, or 80% of the
population. Why do u think we should use your compassion points for
the normal population of singapore ? If u want your analogy to be
fair, u have to suggest working for a group of HDB living people
and not working for handicapped. Then your story does not make
sense because u will not work for free for normal people.
Furthermore my example shows tat there r some cost tat these normal
people have to pay such as security and education. Who should pay
them ?
Profit making? You mean for China?
U need to read properly. The losses made was reversed about 2001
and 2002. Even in your reference, why didn't u paste the continuous
story ?
This time, Lee Kuan Yew was
optimistic about the SIPs future, as in his assessment, the SIP
has a good chance to reverse its past financial loss into
profit.
In 2003, it happened and
http://english.peopledaily.com.cn/200405/18/eng20040518_143684.html
Up to the end of 2003, the company has already got in
enough profits for making up all accumulated deficits. And the
company has for the first time allotted stock dividend amounting to
USD 10 million
The park is making profit now. Tat is why lee hsien long is talking
about it more often