[ULTIMATE SINGAPORE BUDGET 2024 DISCUSSION]

https://www.facebook.com/share/p/uUvuMQw3nW4AJS5U/

Quote directly from Prof Tommy Koh:

Do I have any reservations on any of the proposals? Yes I do. First, I think the CDC vouchers should be given to those in need and not to all households. Why give money to people who don’t need it. Second, I accept the Progressive Wage model and the workfare income supplement even though my preference is the minimum wage.

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We should have the courage to draw a poverty line and focus our attention on helping the workers and families who live below the poverty line.

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Don't really agree with the constant GST payouts. This is clearly not a sustainable long-term solution. Handing out incentives on one hand and increasing GST on another. Now it's 9%, 10 years later 19%, what would happen a decade later? 109% GST? I think someone needs to reinvent the wheel on taxes