REACH (Telegram) 13 - Prime Minister Lawrence Wong will deliver his first National Day Rally speech today.
(SK)
18 Aug 2024 (10am - 7pm)
REACH (Telegram)
REACH Singapore, [18/8/2024 4:12 PM]
๐บ PM Wong to deliver National Day Rally speech today from 6.45pm.
Prime Minister Lawrence Wong will deliver his first National Day Rally speech today.
Tune in to his speeches, in Malay at 6.45pm, followed by Mandarin, and in English at 8pm.
National Day Rally speech (English):
๐ https://www.youtube.com/live/hpdZ-L12HeU?si=9x5BfNUMrvY-JbBW
National Day Rally speech (Malay and Mandarin):
๐ https://www.youtube.com/live/2O2mu7zKj2M?si=Ua1KuxmmgzdmNqMH
For more information on the National Day Rally speeches:
๐ https://www.straitstimes.com/singapore/politics/national-day-rally-2024-follow-st-s-live-coverage-of-pm-lawrence-wong-s-speech-from-645pm
REACH Singapore, [18/8/2024 6:01 PM]
Dear Contributors,
Welcome back! ๐
⏰ We will be opening the chat from 6pm to 10pm today. ⏰
๐ Please share your feedback on the National Day Rally speeches as they are being delivered LIVE today.๐
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LCL (Danny ๅฟ), [18/8/2024 6:20 PM]
Social safety net:-
*GST help or burden*
I wish to comment and respond to some people pinning the blame on the government for "increasing GST from 7% to 9%" as the cause contributing to financial burden and sufferings to middle income and lower income.
Contrary to what many think, the recent increase in GST improve the fiscal position of the Government, hence able to help Government finance support grants and provide assistance to middle and lower income groups to cope with the runaway inflation and higher cost of living.
Let us dissect this issue in detail supported by real life figures to see whether this hypothesis is true or not.
Understand this narrative and hypothesis of GST, a burden is blown up by the opposition parties in Parliament.
And some man-in-the-street leech on to it like gospel truth.
So let us dwell into it and see whether this narrative and hypothesis can stand water or not or is it just the "blind leading the ignorance".
LCL (Danny ๅฟ), [18/8/2024 6:20 PM]
*Wealth Redistribution versus Handout*
1. Contrary to what many think, Government dispensing GST vouchers, CDC vouchers, SCC rebates, U-Save rebates, Cost-of-living support grant etc - are not free handouts (in fact a tax transfer or wealth redistribution).
2. From another perspective, I view this as a form of "Dividends" in which the population "Earned" by being a responsible Corporate Citizens that contribute to the Singapore fiscal budget through paying taxes in the following form :-
a. GST - whereby every individual contribute as consumption tax - ie. as we spend we pay tax.
b. Income tax - as long as we work, earn salary and income - once reach a certain threshold pay income tax.
c. Property tax - as long as we own a house, we contribute to property tax.
d. Many other taxes like COE, stamp duty, miscellaneous taxes etc.
So as long as we are citizens and residents living in Singapore - we are not "leeches or parasites to the Country relying on more capable or endowed people for contribution" - as each and every individual pay tax to the Government to help to maintain and keep the Country going in which we belong.
3. By contributing to the Government coffer, who is a custodian of our taxpayer's money, Government use the tax receipt to "invest and finance the running expenses" to maintain Singapore well-being - eg. build infrastructure, promote business, create jobs, provide healthcare benefits, social welfare benefits etc --- to ensure our Country survive and thrive and keep our population safe, prosperous, healthy, peaceful and happy.
4. This tax collection program is the fiscal budget (tax receipts and government spendings).
We look at it with another analogy.
Government is like a fund manager managing our funds on the taxpayer's behalf - whereby at the end of a fiscal year, it will have either a budget surplus (profit), neutral (balance budget) or budget deficit (ie. loss - whereby government will need to borrow to finance and cover the deficit - as government spend more than it receive from the tax.
This mean, government incur debts - borrow from banks, issue bonds to borrow from private institutions or companies or individuals) and pay debt interest.
5. With this analogy, if Government operate the fiscal budget well, Government will have a budget surplus - and this surplus, Government can be used to reward the populations (who are taxpayers) - with GST vouchers, CDC vouchers, SCC rebates, U-Save rebates and other Cost-of-Living support grants ---- like a "Dividend".
Taxpayers like us are like "Shareholders" - and all these vouchers are like "Dividend" ---- something like Government do well by prudently manage the tax and government spendings - earning "Profit" - then declare and dispense "Dividends" - with all the above vouchers to the "Shareholders" - which are "Taxpayers" like us.
So I wonder since when such "Vouchers" (Dividend) - become a "Free Handout as someone coin it - as if we are a beggar" or a "Clutch mentality - whereby we rely on a clutch to walk around"?
We pay taxes (GST and other taxes) to earn the vouchers - not free handout from the Government.
This is what our taxpayers population "Earned as Dividend" - because our "Fund Manager - the Government" do a good job in building a good healthy Economy so that taxpayers can earn more through jobs, good business and as a result can pay higher taxes.
Our Government use and manage the fund prudently and competently --- so that at the end of fiscal years ---- with a healthy budget surplus, give us "Vouchers" as "Dividend" - a reward to all taxpayers.
So all these vouchers - GST vouchers or CDC vouchers are not "Free Handout" - but in effect "Dividends" that we earn from our taxes - managed by our competent "Fund Manager" - our Government.
Hence we should give credit to our Government - when it is due.
Kudos to our Government !
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LCL (Danny ๅฟ), [18/8/2024 6:21 PM]
*Why GST (a broadbase tax revenue collection), the tax burden shared by the entire population Versus Other taxes (which is narrow base - confine to specific groups of people)*
1. GST is a broad base tax - whereby every citizens who reside in Singapore help to contribute to our Economy, Society - pay taxes to keep our Country going.
This mean everyone has a stake in our Country (not a parasite or leeches - that rely entirely on other people to feed us) - whereby each and everyone (including babies who need to pay GST for their milk powder and pampers) pay taxes out of our pocket through GST.
2. Unlike other form of taxes that rely on more capable, well endowed and wealthy group of people to pay money (taxes) to feed the whole population and finance the running of our Country :-
eg.
a. Personal Income tax - those who got a job, earn a certain threshold of income before paying income tax.
b. Property tax - home owners pay property tax (only the houseowners with name to the property pay taxes) - other household members without name don't pay tax.
c. Corporate tax - Only profitable companies pay corporate tax (share by shareholders). Loss making companies and non-shareholders don't pay tax.
d. COE, road tax - only car owners pay tax. Other taxes - only users who use the services pay tax.
3. So interesting to note that some group of people "make noise, hue and cry" about GST taxes.
But as a citizens and residents in Singapore, shouldn't everyone has a responsibility to finance our Country by paying some form of taxes - in a small way - and make ourselves relevant and proud (being a stakeholder of our Country) instead of being label as parasites?
4. In actual fact, those higher income group pay a landslide large proportion of taxes - to help us run our Country and keep our fiscal budget strong
They are the group that pay income tax, corporate tax, COE, road tax, stamp duty, property tax etc - and contribute to majority of the tax revenue.
Shouldn't we as a "Common-man-in-the-street" be proud of ourselves --- and say loudly "We also pay tax --- GST" (even babies are proud to say it loud - I pay my milk and pampers with GST. I am also useful not parasites) --- not only rich people pay tax --- albeit a small but meaningful amount..
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LCL (Danny ๅฟ), [18/8/2024 6:21 PM]
*Is GST really paid and incur by lower or middle income group based on face value - or in actual fact by higher income group?*
1. Actually at the end of the day, after the lower income and middle income group - beat our chest to cry loudly - "We also pay tax - GST" ---- it is the higher income group that eventually pay a big part of the GST as consumption tax (whereby lower and middle income group - can recoup all or a big part of the GST paid).
2. Taking an example :-
*Middle Income household*
Assume my annual household expenses are $4,000 a month or $48,000 a year.
GST is 9%, means $48,000 x 0.09 = $4,320
But Singapore Government in 2024, pay GST voucher, CDC voucher and other Cost-of-Living vouchers for my household = $10,255.
With inflation 3.16%, total inflation for 2024 = $48,000 x 0.0316 = $1,516.80.
So my total GST $4,320 + total inflation $1,516.80 = $5,836.80 per annum.
The "Profit" that I make from my household GST voucher = $10,255 - $5,836.80 = $4,418.20 for 2024.
(Note :- This is not "handout or clutch" - but my "Dividend" earned from the Government - as a GST taxpayer, and other taxpayer)
3. *High Income Household*
Assume a high income family - annual household expenses are $100,000 a month or $1,200,000 ($1.2 million) a year.
GST is 9%, means $1,200,000 x 0.09 = $108,000
But Singapore Government in 2024, pay GST voucher, CDC voucher and other Cost-of-Living vouchers for this househod = $10,255 (Assumption - don't know the details of this household - hence assume they receive the same vouchers)
With inflation 3.16%, total inflation for 2024 = $1,200,000 x 0.0316 = $37,920
So total GST $108,000 + total inflation $37,920 = $145,920
The "Loss" that this rich family make from the household GST voucher = $10,255 - $145,920 = -$135,665 for 2024.
4. Higher Income Family in fact are the real groups that contribute GST revenue to the Government - not the middle income and lower income families.
Middle Income and Lower income famillies - are making profit from the GST increment.
But the higher income families make loss despite getting GST vouchers from the Government - and they are the ones that are "truly" contributing to the GST coffer to the Government - not the middle and lower income families.
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LCL (Danny ๅฟ), [18/8/2024 6:21 PM]
This is how the detail mechanism of how *wealth redistribution and tax transfer* actually take place in Singapore.
From higher income to middle and lower income.
The tax burden fall on the higher income and not the middle or lower income groups - as contrary to what many man-in-the-street think.
LCL (Danny ๅฟ), [18/8/2024 6:21 PM]
*Why government need to increase GST taxes and burden the middle and lower income group at face value instead of raising other taxes to finance higher government spendings*
1. OECD spearheaded by US are forcing global countries to embrace BEPS - to force MNCs to pay global taxes fixed by OECD at 15%.
Hence we no longer can employ the tax heaven strategy as an incentive to attract MNCs to invest in Singapore as the MNCs rather stay in their host countries nearer to their market as they need to pay 15% global tax regardless of which countries they go. There are no incentive for the MNCs to move elsewhere to enjoy lower taxes.
There is a real threat that our corporate tax bases and personal income tax bases from rich individuals become smaller if MNCs are not coming here (unless we can continue to attract MNCs to keep coming here by other means, with other attractions).
2. We cannot increase more and more personal income taxes or corporate taxes - because we will further drive MNCs and rich individuals away to other countries or deter them from investing here - further depleting our tax bases.
And this will backfire as middle and lower income will need to pay even higher GST taxes to cover the shortfall from higher corporate tax and personal income tax that chase away MNCs, business and rich individuals.
3. Hence a broad base tax - GST consumption tax is the best way to contribute to our government coffer without chasing away MNCs, investors, business and rich individuals to meet our challenges of more tax revenue needed to foot higher government spendings such as financing more healthcare needs as our population aged, more job training funds to boost workers need for continuous trainings, retrenchment fund to help retrenched workers to tie over when looking for jobs or retraining, more support grants to help population cope with high inflation, more funds on defence and internal security as geopolitical tensions become hotter etc.
4. GST is the best way to entice high income groups to open their wallets to pay GST as they are willing to exchange paying more consumption taxes in exchange for luxury goods and services eg. Cars, bags, fine dining, high end properties, yacht etc in which they will own and enjoy.
In contrast, if force the high income groups to pay the same amount of tax through income tax or corporate tax, they will get angry and leave - because they get nothing in return.
No luxury cars to drive, no yacht, no fine dining, no beautiful houses to stay etc.
With GST, the high income groups get to enjoy their luxurious goods and services, they won't run away as they don't feel being short-changed.
A feeling of small seized group targeted by the Country to milk away their hard earned money through various form of taxes to finance the whole population whereas the middle and lower income groups shake legs, pay nothing and leeches on their money.
5. On the other hands, through redistribution of wealth through GST vouchers, CDC vouchers, cost of living vouchers etc - middle and lower income groups get reimbursement (profit), instead of paying higher taxes (GST) because the wealth redistribution and tax transfer more than cover the GST the middle income and lower income groups pay for spending on their daily expenses.
6. GST taxes increase help the middle and lower income groups on the contrary - not sabo them as the oppositions claim and some gullible people claims.
It is a tax strategy to get wealthy people to pay higher taxes (happily and willingly) to help to finance the country fiscal budget and benefits the middle and lower income groups (while enjoying the luxury goods and services they buy).
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LCL (Danny ๅฟ), [18/8/2024 6:22 PM]
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*GST rises - has no deterrence effect on wealthy, high income group in consumption*
1. Also good things about consumption tax, wealthy, high income group will not be deter by GST hike, as to them 2% GST increases are just "peanuts".
2. Domestic Economic activities will not be dampen by a GST 2% hike for the high income groups.
When they see anything they like for e.g. Lamborgini, Maserati, Porsche, Lotus etc they will just buy.
Nice yacht, they buy. Fine dining, they spend. Luxurious watches, bags, jewelleries etc they like they buy.
What is 2% GST rise to them?
Got good GCB bungalows, they buy.
So our retail, domestic business will still remain vibrant despite increase in GST taxes.
3. Unlike if Government increase personal income tax or wealth tax - the high income group will leave and run to other Countries or deter wealthy people from coming in.
Then the tax burden will fall on the middle income and lower income groups - to make up for the shortfall - even higher GST and no GST vouchers or CDC vouchers.
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John Yong, [18/8/2024 6:27 PM]
Brother @DannyCIN , I appreciate your efforts to make this clear to everyone. I concur that what you said is right and indeed is why GST is helpful.
LCL (Danny ๅฟ), [18/8/2024 6:27 PM]
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REACH Singapore, [18/8/2024 6:30 PM]
๐บ PM Wong to deliver National Day Rally speech in Malay & Mandarin from 6.45pm onwards
National Day Rally speech (Malay and Mandarin):
๐ https://www.youtube.com/live/2O2mu7zKj2M?si=Ua1KuxmmgzdmNqMH
Adam, [18/8/2024 6:31 PM]
Does pm wong speak malay?
LCL (Danny ๅฟ), [18/8/2024 6:32 PM]
I think so.
He can speak Malay.
John Yong, [18/8/2024 6:32 PM]
Think he mentioned before that he was learning for 2 - 3 years
REACH Singapore, [18/8/2024 7:37 PM]
๐บ PM Wong to deliver National Day Rally speech in English at 8pm
National Day Rally speech (English):
๐ https://www.youtube.com/live/hpdZ-L12HeU?si=9x5BfNUMrvY-JbBW
Latest from NDR 2024
๐ More support will be given when necessary to help with cost of living, says PM Wong
๐ https://www.straitstimes.com/singapore/politics/ndr-2024-more-support-will-be-given-when-necessary-to-help-with-cost-of-living-says-pm-wong
๐ Students strong in mother tongue to be allowed to take it at a higher level from Secondary 1
๐ https://www.straitstimes.com/singapore/politics/ndr2024-students-strong-in-mother-tongue-to-be-allowed-to-take-it-at-a-higher-level-from-secondary-1?ref=national-day-rally-2024
LCL (Danny ๅฟ), [18/8/2024 8:00 PM]
Cook food prices, groceries prices and electricity bill are the essential items that hit many people especially low and middle income groups.
These items are inelastic as people need to consume it on a daily basis.
Wonder how best to tackle the inflation of these items?
Of course GST vouchers and CDC vouchers are the most direct help.
But fiscal budget must be able to support it.
Other than support grants, wonder what other measures to tame the prices of these items?
LCL (Danny ๅฟ), [18/8/2024 8:12 PM]
1. PM Wong raise the concern of global warming that will make us uncomfortable.
2. As we stay at home, we tend to use more air conditioning as even high velocity fans cannot cool the room temperature, as the hot sun will keep our house warm in a greenhouse effects
3. Wonder whether Government will consider using "ultra white paint" to paint all HDBs, condos and landed houses - that will reflect sunlight and reduce the greenhouse effects to the home and lower the temperatures.
4. In so doing, household will rely less on air-conditioning, and instead rely on high velocity fans instead --- and hence reduce the carbon emission nationawide and save on electricity.
G, [18/8/2024 8:22 PM]
๐ More support will be given when necessary to help with cost of living, says PM Wong
๐ Vote buying vote buying ๐
Time for this 4G govt to stop creating problems then being the solution offerer.
Time to cut unnecessary govt spending instead of trying to use them to justify tax increases.
Why need mayors?
Why persist with underperforming ministers?
Have taxes ever dropped?
People would rather taxes remain at 2020 levels and not have free handouts (CDC vouchers etc)
There needs to be a proper audit into govt's choice of spending.
LHL himself warned at 2015 elections on having to raise taxes because of profligate spending and irresponsible and unsustainable plans
This 4G PAP govt needs to be audited with a fine toothed comb to identify such profligate spending and irresponsible and unsustainable plans and cull these spending and plans.
REACH Singapore, [18/8/2024 8:50 PM]
Latest from NDR 2024
๐ New parents to get 10 additional weeks of leave. Fathers to get 4 weeks of paternity leave.
๐ Temporary financial support of up to $6,000 for unemployed under a new SkillsFuture job seeker support scheme.
๐ More live updates: https://www.straitstimes.com/live/pm-wong-national-day-rally-2024?ref=national-day-rally-2024
LCL (Danny ๅฟ), [18/8/2024 8:54 PM]
Look towards for more details on the temporary financial support of up to $6,000 for retrenched while job seeking under the purview of Skillsfuture.
This will help many retrenched workers to put food on their table while they seek jobs or undergo training.
LCL (Danny ๅฟ), [18/8/2024 9:02 PM]
1. Agree with the PM that every school is a good school.
2. Neighbourhood primary, secondary, JCs or Polytechnics, even ITEs - can move up to Universities (whereby Universities will be an equaliser) for everyone.
3. No need to struggle to give pressure to their children to insist that they must attend branded schools to succeed.
Jun Ming, [18/8/2024 9:07 PM]
Nice how about those self employed
Adam, [18/8/2024 9:08 PM]
There is a struggle because of competition and limited job opportunities or uni slots. If you are an employer and you have a choice between sit and nus, what do you think the automated system will filter out? Whether justified or not, the bias is still there for schools. If there is bias in parents, is it a stretch to say theres bias for employers?
From what i see, branded schools have more opportunities regardless of standard of education.
LCL (Danny ๅฟ), [18/8/2024 9:14 PM]
Let me share my experience with you.
Myself and my siblings use to attend branded schools RI and RGS - and then we all graduates with universities degree.
Our children, we all put them into neighbourhood schools.
My son got 2 scholarships - bachelor and now doing his master - under government agency.
My nephew from SAP school got NUS scholarship to do his bachelor.
My other nephew and niece are in universities to be civil servants, R&D engineers, doctor, lawyer, engineers, sustainability professionals etc.
So indeed every schools are good schools.
Not necessary be in branded schools.
LCL (Danny ๅฟ), [18/8/2024 9:16 PM]
Hmm....
Foot for thoughts.
Self employed fall through the cracks.
Adam, [18/8/2024 9:20 PM]
You might be an edge case, perhaps we can see things more accurately if gov give statistics to prove that every school is a good school. No doubt that if a child has a higher ses upbringing, they are likely to succeed later in life.
Adam, [18/8/2024 9:24 PM]
Funny thing about this, an unemployed is not entitled to housing grants so if you marry and the girl become housewife, wont get as much benefits so better if have dual income household. Self employed get housing grant benefit so maybe housewife has to declare some paltry income to iras to get the grant.
Jun Ming, [18/8/2024 9:26 PM]
๐ง
LCL (Danny ๅฟ), [18/8/2024 9:28 PM]
PM Lawrence Wong 1st national day rally.
Very good speech!
Jun Ming, [18/8/2024 9:30 PM]
I am the opposite my family speaks Chinese and I use Chinese daily. My English is at the struggling end. I feel that our mother tongue is very weak.
Jun Ming, [18/8/2024 9:30 PM]
Especially in terms of writing
Jun Ming, [18/8/2024 9:31 PM]
Since you graduated from secondary school there are very little chance for you to write in mother tongue
Jun Ming, [18/8/2024 9:32 PM]
I find that concerning
Adam, [18/8/2024 9:32 PM]
I find this a blessing ๐
Jun Ming, [18/8/2024 9:34 PM]
I feel that it is a cut of cultural roots and might limit the development of Singaporeans towards their mother tongue origin
Jun Ming, [18/8/2024 9:34 PM]
I am struggling to learn TCM as my writing skills is bad ๐
Jun Ming, [18/8/2024 9:38 PM]
I feel that there's should have diploma plus in mother tongue language. And in uni there should have options for extra mother tongue courses.
Adam, [18/8/2024 9:40 PM]
Imo schools should teach what companies are looking for
Adam, [18/8/2024 9:40 PM]
If mother tongue brings value to society, what are we paid for it?
Adam, [18/8/2024 9:40 PM]
Then how about those who do not take mother tongue? Are they worth less?
Adam, [18/8/2024 9:42 PM]
And these talk about cultural roots. What has it brought us in these days. Association with mainland is not like the ancient times where people strive to be ideal
Adam, [18/8/2024 9:43 PM]
And we cant even start a proper discussion with the malay muslim community with cultural ties to the middle east
Jun Ming, [18/8/2024 9:44 PM]
Culture should be neutral. Malaysia have more culture diversity as they see their mother tongue as one of the important subjects
Jun Ming, [18/8/2024 9:45 PM]
As you see they can speak 3 languages or more well
Jun Ming, [18/8/2024 9:46 PM]
Which in terms of communication i think they are way better than us
REACH Singapore, [18/8/2024 9:50 PM]
Dear Contributors, the chat will be extended to 11pm. Thank you ๐
Adam, [18/8/2024 9:54 PM]
Not too sure what you mean by neutral
Adam, [18/8/2024 9:55 PM]
All culture are good, But with the existence of sap schools, some culture is more gooder than others
REACH Singapore, [18/8/2024 9:56 PM]
[ Poll : Which of the key announcements in PM’s National Day Rally speech resonated with you the most? ]
- SkillsFuture job seeker support scheme
- 30 weeks of Shared Parental Leave
- Enhanced CPF Housing Grant for first time homebuyers
- Priority for singles to buy BTO flats near their parents
- More Community Care Apartments for seniors
- Gifted Education Programme to be replaced with new approach
- Kallang Alive Masterplan
- Others (please share your views in the chat below)
Adam, [18/8/2024 9:57 PM]
Then again malay muslim community has mendaki and im sure indian community has their equivalent.
Jun Ming, [18/8/2024 9:58 PM]
Can you summarise what ever he have said. Cause I did not watch his speech
Adam, [18/8/2024 9:58 PM]
Yea i need a summary too
LCL (Danny ๅฟ), [18/8/2024 9:58 PM]
Alamak accidentally click the wrong choice in the poll.
Cannot make correction.
John Yong, [18/8/2024 10:00 PM]
Wow Rally ended... earlier than many years before...
I feel that the Rally this round is chock-full of policy changes. The outline is there, with details to follow in the next week.
The changes are significant, and they come from the Forward SG initiative.
REACH Singapore, [18/8/2024 10:00 PM]
Dear Contributors,
Please take a moment to participate in our polls ๐ and share your opinion ๐ญ. The poll questions are pinned for easy reference, and your vote is anonymous.
We look forward to hearing your thoughts on today’s topic!
Thank you.
Megan
LCL (Danny ๅฟ), [18/8/2024 10:01 PM]
Pse change my poll choice to Skillsfuture job seekers support scheme.
John Yong, [18/8/2024 10:01 PM]
Sinda
John Yong, [18/8/2024 10:01 PM]
Then again malay muslim community has mendaki and im sure indian community has their equivalent.
John Yong, [18/8/2024 10:02 PM]
Will be in ST tmr. Key points already in CNA.
Adam, [18/8/2024 10:12 PM]
How do i vote for opposite of resonate
Adam, [18/8/2024 10:12 PM]
I dont think singles asked for priority buying bto near parents
Adam, [18/8/2024 10:13 PM]
It still only affects after 35 too
Adam, [18/8/2024 10:15 PM]
Every speech my hopes keeps getting dashed
Adam, [18/8/2024 10:17 PM]
At least he somewhat acknowledge the reality of the supply contraints
Adam, [18/8/2024 10:19 PM]
They seems to be working on it but without any concrete statements, how can you instill confidence for singles?
Charma Y, [18/8/2024 10:20 PM]
Nothing resonated strongly.
Was hoping for some policy move in terms of curbing the many more than 1M HDB flats as well as an ABSD equivalent for COE to manage the current premiums but heard nothing.
Adam, [18/8/2024 10:21 PM]
Tbh im hoping hdb resale remains pricy so my parents can cash out
Adam, [18/8/2024 10:22 PM]
But then it makes me hard ti get flat๐
LCL (Danny ๅฟ), [18/8/2024 10:22 PM]
Thanks REACH administrator.
Can make correction already and retract to revote.
For information.
Charma Y, [18/8/2024 10:23 PM]
No issue for those who have stayed for say 10yrs or more. It is those who have profiteered from the BTO lottery and immediately sell after 5 yr MOP.
Granted they plugged it with the three tier framework for new HDBs but that doesn't apply retrospectively.
REACH Singapore, [18/8/2024 10:25 PM]
๐ Here are some of the key announcements from this year's National Day Rally. ๐ธ๐ฌ
We want to hear more from you about the National Rally Speech and hope we can keep the discussion robust and active! ๐
Thank you!
Megan
Adam, [18/8/2024 10:25 PM]
But we cant ignore profittering is due to exact policies hdb made, and is a symptom of a larger problem
Adam, [18/8/2024 10:26 PM]
Sure we can reduce profiteering, but housing supply is still an issue. Housing size too so pls dont build shoeboxes
Jun Ming, [18/8/2024 10:33 PM]
I like the reducing regulatory process for companies as I feel there's just too much regulation in Singapore
Jun Ming, [18/8/2024 10:33 PM]
Too much regulation makes Singapore feel cold and less kampung spirit
Adam, [18/8/2024 10:35 PM]
It feels we are getting more regulation over time though. See already the gov pushing regulation on bike lane. Not sure the details but less regulation for companies sounds good
LCL (Danny ๅฟ), [18/8/2024 10:42 PM]
1. I feel that GEP program in every schools rather than consolidating every students in GEP school - is a good effort to make every schools a good school.
2. Also preventing elitism from arising - especially if parents are under pressure to squeeze their children into elite schools.
3. In fact, my fear of making our children turn elitists is my motivation to put my child into neighbourhood schools.
4. It reduces parents and children pressure to squeeze our children into elite schools.
It also helps children to be able to operate in a microsom of variety of children in various abilities to embrace diversity.
Rather than be mothball into a cocoon of one elite species - which I feel is not so good for the development of my child.
Diversity allowing more empathy.
REACH Singapore, [18/8/2024 10:45 PM]
Dear Contributors,
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Thank you very much for being part of our Telegram chat and participating actively.
Goodnight!
Megan ๐
REACH Singapore, [18/8/2024 11:00 PM]
Dear Contributors
We will be closing the chat for today.
Thank you very much for being part of our Telegram chat and participating actively.
Goodnight!
Megan ๐
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