Originally posted by robertteh:
90% of the populations are struggling to make ends meet. Currently
the local SMEs are not doing well and have not been doing well for
the past 10 years or so due to high-cost and anti-business
environments created by many past policies.
Come on lah, where got 90%? I will believe you if you say
10%.
SMEs not doing well because of bad management, don't blame
others.
There are some changes no doubt being made but many past policies
essentially as you can see from the previous post like
double-charging on lands and triple-taxing of vehicles are cast in
stone, conceptual and full of unproven assumptions and
anti-business.
Import tax on cars is a money making scam. Totally
unnecessary.
The ministers do not possess the businessman entrepreneurial sense
of proportions about sustainability of their government's high fees
and costs.
This is not true. Lowering cost is not the 100% answer for
growth.
From medical to education, utility to rental all fees are based on
taxing, full recovery of cost by imposing market-value fees and
charges or privatising of essential services to save government
costs.
Our tax rate is among the lowest in the world. You can try
living in western countries and see how you like the taxes
there.
Cost recovery may not always be bad, in fact its good. Its better
than high taxes man.
Their past policies are badly hurting the citizens and businesses.
It seems that the ministers will not admit government fees or HDB
prices as high and will concede only one inch at a time only when
big players like Maerks, Evergreen and Air Asia are finally hurting
them big or throwing off their pet theories on values or land
costs.
PSA is a definite screw up but high HDB prices may not be. It
certainly prevented risky investments and capital flight. You have
to look at it on a wider perspective.
Ordinary citizens are not listened to so they could only grumble.
Their only recourse is to vote with their feet causing brain drains
by thousands. But the government has ignored their pleading so far
and do not relent that their HDB double-charging on HDB flat prices
(which citizens already owned or paid for). Too many similar
top-down policies and decisions are made in self-centred (not
openly debated) manner without consideration of total views about
entrepreneurship or competitiveness.
Not true. The govt do listen to people but not suggestions are
good.
If a govt always listen to teh people, it may not be a good
govt.
Therefore I am of the view that the government does not change its
past policies and it looks like it will not change because of
face.
If you compare Singapore govt and other countries, our govt is
actually very flexible. The problem with you is, you just like to
complain complain. You shld open your eyes and compare.