This move is based on their tagline: Shifting road use to a pay
per use system
This is achieved by moving structually from a fixed road tax
system to a variable system.
However, this will only benefit the middle-upper class and the
blood suckers in mention.
Why you may ask.
Lets assume an additional incurrence of $2.00 in ERP charges
daily, up from the current charge each driver is forking out now
per day.
The middle-upper and the blood suckers usually command high end
marques with higher engine displacement, lest to mention marques
which are more than 10 years old which have been restored
beautifully.
As such, a two tier reduction in road tax of 5 and 15% would be
and is substantial.
Lets use Mercedes S320 as a benchmark - $2849.70 before the
two tiered reduction and $2301.13 after the two tiered reduction
per annum.
That works out to $548.57 a year. Using the 30 days a month
calculation and lessing off Sundays which do not have ERP in
operation, the user of this car would be left with 26 days of ERP
paying assuming he/she utilizes the car as per normal on Saturdays
by entering Orchard Road. This works out to approximately $1.80 a
day for the increase in ERP charges - this is fully justifiable and
the user's net expenditure would not suffer much detriment, apart
from plus minus $10-$20.
Looking at Mr Orang Utan's car, assuming that his lackey's
words of them being still having to pay CPF, tax,
and ignoring his gastronomical (this word was purposely used -
NOT astronomical) which he uses to fund his bananas
(perhaps schmicles of Singaporeans who have defamed him) - $1162.21
in savings after the two tiered reduction.
That means a whopping $3.70 in additional ERP charges. Any
effect? The answer is obvious.
Now's the deal -
Benchmark the system against the average car owner with a engine
displacement of 1.6L - That works out to be $917.70 before the two
tiered reduction and $741.04 after the two tiered reduction.
Savings? $176.66
Look at the huge difference.
Always remember - the reigning pyjama party always believe that
they are the elite and will only compare themselves against the top
20 percentile of the nation, ignoring the basic needs and wants of
the rest of the population.
Digressing - look at the baby bonus.
An approximate amount of $10,000 once your baby is born.
Yes - any average citizen would eye that sum of money.
However - have you realised that the total expenditure in your
toddler's first 5 years upon birth would superceed this
$10,000?
You work it out.
Milk Power - $30/tin
Diapers - $???
Food - $???
Have a good day everyone!
May the triple gem bless the 66.6% of the population.
