Is the Government Killing two birds with one stone ?
Unfortunately, they are not killing the birds, but helping the
birds to breed, so that more revenue will enter the Treasury, and
finally end up in the GIC, which is bleeding from all the bad
investment decisions overseas.
Cigarette prices go up, with taxes that are more then 300 percent,
and the weight of the Tobacco being reduced, so that both the
Tobacco Company and the Government will stand to gain from the
undying habits of the smokers.
Quit smoking, then most smokers will have to seek help from
hospitals that will charge at NON-SUBSIDISED rates.
When the demand for cars go down, COE will naturally go down.
Surprisingly, when the growth of the car population is on the
DECLINE, the Government will INCREASE the NUMBER of cars in the
MONTHLY QUOTA available for COE biddings.
With a monthly quota of 5000 COE and Cars, and a bidding price at
an average of $25,000 per COE, the Government will gain a clear
profit of $125 Million PER MONTH.
In one year, this will net the Government $1.5 Billion.
Is the Government serious about controlling the car population, or
are they simply manipulating the Car Buyers and COE to gain more
money for the Treasury, and then AGAIN into the GIC.
