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Old 22-02-2018, 02:50 PM
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Thumbs up Budget 2018: A Budget of Wayang and Cheap Gimmicks

An honorable member of the Coffee Shop Has Just Posted the Following:

If ever there was a budget laden with cheap gimmicks and full of wayang, this one is it.

Finance Minister Heng Swee Keat announced an ‘ang pow’ of up to $300 for every individual. The giveaway amounts to $700 million. This is against a collection of a surplus of $9.6 billion the previous year.
In other words, the government is giving back to taxpayers 7 cents for every excess dollar it collected in taxes and fees. For the government, this is a wonderful scheme.

The government had forecast...

Budget 2018: A Budget of Wayang and Cheap Gimmicks

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