16 Feb 2026
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After note:-
心法, [16/2/2026 9:23 pm]
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心法, [16/2/2026 9:24 pm]
https://www.channelnewsasia.com/listen/cna938-rewind/big-question-what-would-you-do-if-there-were-no-more-cdc-vouchers-5925121?cid=internal_sharetool_web_16022026_cna
CNA938 Rewind - The Big Question: What would you do if there were no more CDC Vouchers?
心法, [16/2/2026 9:24 pm]
Source:- Google AI
The Workers' Party (WP) in Singapore has generally expressed concerns regarding the reliance on Community Development Council (CDC) vouchers and GST vouchers as primary methods for addressing the cost of living, arguing that they do not tackle the root causes of inflation and financial stress. While the PAP government argues that the Assurance Package—including the $500 in CDC vouchers for 2026—helps households with rising costs, opposition voices often characterize these as temporary relief measures that "mask deeper economic inequality".
Key Arguments Against Reliance on Vouchers
Symbolic Gestures vs. Structural Reform: Opponents argue that CDC vouchers are "short-term, symbolic gestures" that allow the government to avoid addressing deeper, structural economic issues like wage stagnation.
"Taking from One Pocket to Put in Another": Critics often describe the voucher system as "hypocritical," suggesting that the government increases taxes (like the GST) and then returns a portion of it via vouchers, claiming credit for being generous.
Rising Costs Outpace Relief: The increasing size of the vouchers (from $300 to $800 in previous years, now $500 in 2026) is viewed as proof that the cost of living has risen significantly, rendering the relief insufficient for many households.
Administrative Confusion: The proliferation of different schemes (CDC vouchers, GSTV Cash, U-Save, SG60) is seen as complex, leading to the perception of it as a "confusing" and bureaucratic process.
Contextual Data (Budget 2026/2027)
CDC Vouchers 2026: All Singaporean households will receive $500 in CDC vouchers, to be disbursed in January 2027.
GST Vouchers (U-Save): Eligible HDB households will receive 1.5 times their regular GSTV-U-Save in the 2026 financial year to offset utility bills.
Expiration: Vouchers received in January 2026 will expire on December 31, 2026.
While the WP has not called for the outright abolition of these vouchers, they have historically pushed for more permanent, structural solutions rather than one-off, "food stamp" style assistance.
心法, [16/2/2026 9:24 pm]
[14/02, 08:00 pm] ☸️ Danny 心:
Saw a CNA new article, WP position against CDC and GST vouchers plus a few young working people suggesting self reliance.
The motivation - working people refuse to finance the CDC and GST vouchers through the tax they pay and want to do away with CDC and GST vouchers.
This is done to guilt-trip retirees as free riders to benefit from the relief because retirees don't pay income tax, young working people do - and they feel that they are being exploited.
Hence to put the record straight - and put facts on the table, let make it transparent that whether retirees have exploited the young working people or whether the young working people have in fact exploited the retirees by climbing on their shoulders to demand and reap salary increment year after year.
Assuming CDC vouchers and GST vouchers are withdrawn - paying higher consumption taxes GST from 7% to 9% will largely bear by the retirees and lower income group while :-
1. Working people keep demanding and reaping higher salaries every year.
2. The purpose of ultra rich financing the GST as retirees and the rest of population shielded and cushion by relief through GST vouchers and CDC vouchers are taken away - breaking the very implicit social contract (which are promised by the government in 2025 Budget speech announced by the Minister of Finance that this is a permanent feature to cushion against GST increase) in which the population have supported the government to implement GST based on this assurance.
3. But retirees' retirement funds are stagnant and don't get annual increments like the working people and yet have to pay :-
a. Increasing goods and services cost every year - to pay the annual salary increment of the working people. Eg. Medical fees, transport fees, property taxes, utilities costs etc every year increases.
b. Higher cost of living - the high food costs, high groceries that never come down.
This means retirees experience triple whammy:-
a. Stagnant retirement fund that does not increase every year unlike working people salary.
b. Disproportionately fund GST increase as retirees don't get cushion by increasing income unlike working people.
Rightfully, working people with higher salaries should pay higher income tax to fund the government expenditure as retirees retirement funds are stagnant. But this is not the case - and wonder where is the social justice?
c. The GST and CDC vouchers rebate that suppose to negate GST increases are taken away - means the funding of GST taxes fall more heavily on the retirees whereas working people funding of GST fall - as their salary increases and they are not paying higher income tax to fund the GST and CDC vouchers.
Having the facts brought out now, shouldn't these young working people critics of GST relief got guilt-trip boomerang back by leeching on the retirees' stagnant retirement fund to fund their salary increment year after year?
a. Eg. Banks and financial institutions bankers and professionals got to rely on retirees savings to grow their income and wealth services. Buy their insurance products so that they can earn sales commission.
b. CPF got to rely on retirees huge CPF savings to grow the monies as a large fund base can get better ROI.
心法:
Source:- Google AI
Total CPF Balances: By September 2025, this grew to S$649 billion.
Retirement Account (RA) Weight: The Retirement Account, which is only created for members aged 55 and above, grew to S$131.5 billion by September 2025.
Our of $517.5 billions in CPF OA, SA and Medisave account - substantial portion are hold by 55 years and above.
Targeted Banking: Local banks like DBS offer "Golden 55 Plus" accounts and higher fixed deposit rates (e.g., an extra 0.10% p.a.) specifically to attract the high-liquidity deposits held by this demographic.
c. Young working people got to rely on retirees to buy their goods and services, medical care, transport, travel, f&b, retail, etc - so that they can get salary increment year after year leeching on retirees who give them business and profit.
心法, [16/2/2026 9:27 pm]
If companies don't earn big profit - many by getting business and earning from retirees fund - do you think the companies will give young working people salary increment every year or big bonus?
Self reliant? Capable? Market demand? Really?
This is the tune of self reliant sing by the young working people who guilt trip retirees - as the leechers of the income tax they pay.
Now with all the facts lay out, aren't this young working people the leechers of the retirees retirement funds and grace?
Young working people - Self reliant some more? Really?
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心法, [16/2/2026 9:28 pm]
[14/02, 10:46 pm] Close friend comments: It is a very difficult balance... Different groups have different measurements on what is fair. For many years, I only received a token $100. Didn't I worked very hard, pay taxes and not enjoy any benefit at all?
[14/02, 10:47 pm] Close friend comments: But I think gov should re think, there'll be withdrawal symptoms from not getting free rides.
[14/02, 10:49 pm] ☸️ Danny 心: Hmm...
Understand.
That's why I need to let those young high ego knows - to be respectful to elderly.
Since their parents unable to teach them filial piety - I will do the job for them.
Else our future young who carry our country lost the Confucian values that make Singapore successful.
[14/02, 10:51 pm] ☸️ Danny 心: Yes.
We need to surface out all facts that there are no free rides in our fiscal policy systems.
Everyone needs to contribute and make our country successful.
[14/02, 10:54 pm] Close friend comments: I have relatives who don't work and just ask for money. Their rationale is "you got money I don't have, you must help" mentality. And their elderly actually sing along with them.. they are able some even well educated to university level - NUS not any 野鸡大学.
[14/02, 10:55 pm] ☸️ Danny 心: Such mentality cannot encourage.
Everyone must contribute - should not encourage free riders.
[14/02, 10:56 pm] Close friend comments: So you see, their elderly are like kind gov, but people who worked hard day and night, scrimp to save to rainy days and retirement have to feed those who chose not to work.
[14/02, 10:58 pm] ☸️ Danny 心: Understand.
That's why got to ensure the correct value system are put in place to ensure the country future are secure.
Everyone must be a useful contributor to the society and must not be a free rider.
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心法, [16/2/2026 9:28 pm]
心法:
[15/02, 4:06 pm] ☸️ Danny 心: This notion of self reliance go against the very core of the "We Concept" - mutual inclusiveness and mutual benefits that the government want to infuse to the society.
Whereby "We Concept" hope to achieve the objectives of:-
1. Defunct "I" concept, "Me Only", "Me First". Total selfishness - want yearly salary increment but unwilling to pay more income tax; want the rest of the population to pay GST consumption tax even though their income are stagnant but unwilling to support GST and CDC relief vouchers in the name of self reliance to guilt trip retirees that benefitted them from their stagnant retirement fund - so that they gain from salary increment every year, refuse to support income redistribution jostling to scrap vouchers relief, benefit from profits make from higher and higher product and service cost every year, benefit from government grants in skillfuture grants, grants to business, tax relief, big sum for young family with children etc.
That is want left benefit, right benefit, top benefit, bottom benefit - but refuse to support relief for other communities by guilt tripping them in the name of "self reliance".
2. Instead of embracing "We" - for mutual benefits, help those fall behind to level up - "to acquire the fishing rods to fish in the mid and long term, but provide them immediate relief if they can't to survive for the immediate term".
This apply to lower income groups, disabilities and other vulnerable groups - whereby every individuals and households must be able to contribute to the society in one way or another - whether in small ways or otherwise - so as not to be seen as burden to the society at large.
3. Prevent the break up of the society into divisiveness, polarisation and self centredness like what happens to US now. Whereby a small group of community benefits at the expense of other communities - that lead to unhappiness, violence, distrust, insecurity and mutual blaming that break the whole country apart in bitterness.
Also a reminder to those self serving people that guilt trip the retirees - whereby many of the benefits you received are relying and riding on the retirees monies to earn your yearly salary increment - even though they don't get yearly increment as you do.
It is not your so call self reliant that earn your worth - because you are very reliant on the retirees monies if you fail to realise.
This is not individual family value system but related to the larger economic system, policies that ride on the retirees' fund that make the country economy successful.
Without the retirees fund, your business, your salary increment and the GDP growth would have been greatly discounted.
So do your sum properly before you start guilt tripping the retirees - because they eat salt more than you eat rice.
Because if you miscue or misdirected in the name of self reliance into "Me, I only Concept" by guilt tripping retirees and the rest of the communities instead of promoting "We Concept, Mutual Benefit, Inclusiveness" - you are sending Singapore into the direction of what US is heading into currently - mutual blaming, distrust, divisiveness, polarisation - that will bring our economic progress, prosperity and peace - into unrest, unhappiness and economic regress - if communities turn against one another.
After note:-
Harmony in Singapore must be actively renewed, and not taken for granted: PM Wong.
Prime Minister Lawrence Wong said in his Chinese New Year message that every generation has a responsibility to strengthen Singapore's harmony - through how they live, interact and treat one another.
https://www.channelnewsasia.com/singapore/2026-chinese-new-year-message-pm-lawrence-wong-5932541
PM Wong also said that Singapore must be a place where seniors can age with dignity and purpose.
He noted that the government has implemented initiatives to help seniors live independently, stay connected to their communities and stay active and engaged.
心法, [16/2/2026 9:29 pm]
It is also strengthening support for retirement so that Singaporeans can enjoy greater peace of mind in their later years.
"In this year’s Budget, we have taken further steps - from CDC vouchers for every household to additional credits for every child," he said. When families are taken care of, the bonds that hold society together become stronger, Mr Wong said.
He added that he is heartened to see more Singaporeans, especially young people, stepping forward to volunteer and champion causes ranging from sustainability to mental well-being.
"We will continue to support and encourage them. Together, we can build a society where we look out for one another, and act with a strong sense of collective responsibility," he said.
心法, [16/2/2026 9:29 pm]
At least these young people possess the right values - true "We Concept".
心法, [16/2/2026 9:30 pm]
My above posts are direct response to WP's position and arguments - that will cause a mess to the society.
心法, [16/2/2026 9:30 pm]
WP alternative policies often bring us into a train-wreck disaster - indeed are a pile of garbage - pardon my language.
心法, [16/2/2026 9:30 pm]
[15/02, 5:52 pm] ☸️ Danny 心: Different stages of the economic development, there will be different approaches in social policies.
Specifically,
1. During the beginning of Nation building after a crisis - when the whole country are devoid of the economic means, many areas are underdeveloped - then we need to emphasize "Self Reliant" - ie. Everyone take care of themselves - because there are no spare cash or resources to help the slower ones yet - in order to accumulate resources and wealth.
This is the Smaller Wheel ( 小乘）- the era of LKY and his eminent cabinet.
2. But as we build ourselves up and we have accumulated resources and wealth of abundance in a country reserves - we need to help those that fall behind to level up to take care of themselves - so that the income inequality and social inequality will not be too far apart - to share economic success - preserve peace and harmony - so that we won't face a society whereby rich become too rich while poor become too poor that lead to social unrest - hence the concept of mutual benefits, mutual inclusiveness and the "We Concept" come into picture.
But there must be no free riders - everyone must contribute including those that received reliefs.
This is the era of a Greater Wheel (大乘) - an era different from LKY - our current modern governance.
So don't anyhow copy (monkey see monkey do) and don't know how to adapt as Singapore experience different stage of economic development and Nation building.
心法, [16/2/2026 9:30 pm]
Based on recent statements by Prime Minister and Finance Minister Lawrence Wong, particularly in the context of Budget 2026 (delivered February 12, 2026), the government has signaled that support measures, including CDC vouchers and enhancements to GST vouchers, will continue to help Singaporeans manage cost-of-living pressures, with a commitment to providing help "for as long as it is needed".
Here is a breakdown of the status of these vouchers as of February 2026:
CDC Vouchers
Not a One-Off: PM Wong has clarified that CDC vouchers are not merely a one-off exercise but a recurring, ongoing support measure.
Budget 2026 Announcement: In the Budget 2026 speech, it was announced that all Singaporean households will receive another $500 in CDC vouchers in January 2027.
Continued Support: These vouchers are part of a broader strategy to assist with daily expenses, with half usable at supermarkets and half at heartland merchants and hawkers.
GST Vouchers (GSTV)
Permanent Feature: The GST Voucher scheme, introduced in 2012, is a permanent scheme designed to help lower- and middle-income households offset GST expenses.
Enhanced Structure: The government has made certain components permanent, such as the Service and Conservancy Charges (S&CC) Rebate, in addition to the existing Cash, MediSave, and U-Save components.
Assurance Package (AP): While the GSTV itself is permanent, the "Assurance Package" (which includes additional cash and vouchers) is a temporary 5-year boost to cushion the GST rate increase, with payments running from 2022 to 2026.
In summary, while the Assurance Package for GST is temporary (ending soon), the underlying GST Voucher scheme is permanent. The CDC Vouchers have been described by PM Wong as an ongoing, non-"one-off" measure to combat cost-of-living pressures.
PM Wong at launch of latest tranche of CDC vouchers | The Straits Times
13 May 2025 — SINGAPORE – CDC vouchers are not a one-off exercise to help Singaporeans cope with cost-of-living issues, said Prime Minister Lawrence Wong, who gave the assura...

The Straits Times

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Facebook

PM Lawrence Wong said the CDC vouchers aren't a one-off exercise ...
13 May 2025 — The prevailing desire is for policies that prioritize sustainable employment and self-reliance, with government assistance serving as a safety net rather than a...


Facebook·Yahoo Singapore

Budget 2026: PM Wong says households to get S$500 CDC ...
12 Feb 2026 — Budget 2026: PM Wong says households to get S$500 CDC vouchers in January 2027 * About 1.4 million households will receive S$500 in CDC vouchers in January 2027...

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1 Enhanced Permanent GST Voucher (GSTV) Scheme
o Introducing the Service and Conservancy Charges (S&CC) Rebate as a permanent component of the GSTV scheme, on top of the current GSTV – Cash, MediSave and U-S...
心法, [16/2/2026 9:30 pm]
[16/02, 12:50 pm] Close friend comments: Source: X
https://search.app/cC1wp
This is one type of taxing rich in general.
But there'll be segment of population want cars and screaming for concession.
Just no perfect solution.
[16/02, 12:52 pm] ☸️ Danny 心: This is one type of consumption taxes.
But wealth taxes, inheritance tax is a no no. This is double taxation. Gov already tax income tax, corporate tax.
Rich people can easily move their wealth to overseas countries if gov impose wealth tax and inheritance tax). End up common people got to pay higher income tax & GST to compensate. It backfire on them.
"Zuckerberg said to join billionaires fleeing California for Florida enclave over proposed wealth tax".
https://www.straitstimes.com/business/companies-markets/zuckerberg-said-to-join-billionaires-fleeing-california-for-florida-enclave-over-proposed-wealth-tax#:~:text=Zuckerberg%20said%20to%20join%20billionaires%20fleeing%20California%20for%20Florida%20enclave%20over%20proposed%20wealth%20tax
I support GST becos people benefit from goods they buy as they can afford it - rich.
At the same time, help the community through consumption tax.
[16/02, 1:02 pm] Close friend comment: And consumption tax in general is within individual's control. Other than necessities, we can decide how much more "luxury" we want.
[16/02, 1:04 pm] ☸️ Danny 心: Yes.
This is what I mean.
If people feel they spend too much, they can stop buying.
But wealth tax is double tax.
People will get annoy because they get nothing in return unlike GST where they enjoy the goods they buy.
In fact all my siblings wanted cars except me.
My son also wanted a car.
But now he can't even book driving leason.
Pdl also expired.
Thus, I quietly happy.
Now got MRT, phv, bus & future av vehicle - so convenient.
Car not necessary.
[16/02, 1:06 pm] Close friend comment: It's a paradox - people will calculate if it were worth it to earn more.
[16/02, 1:06 pm] ☸️ Danny 心: Yes.
Consumption taxes no such problem.
That's why when those young working people say withdraw GST vouchers and CDC vouchers - I was annoy because government social contract to provide relief for those lower income and retirees to support GST consumption taxes. Now they suggest breaking this promise.
This very move break the merits of consumption tax becos it impose burden on those vulnerable groups who don't have yearly income increment unlike those working people.
Also this year Budget disproportionately benefit this working people - AI support, business support, young families with children grant - & very little for retiree.
Yet this young working people want to remove the very little relief to retiree and low income group - that really rile me. (Make me think of Trump & his billionaires cronies that reap maximum benefit - while disproportionately make the mid & low income groups inherit the burden - make my blood boil).
But PM Wong still supporting CDC vouchers and GST vouchers.
Though this year relief reduce abit - after election year.
Remove relief impact neighborhood food stalls, misc business struggling to survive as well as common people facing high price base needing to buy the higher groceries and food that are inelastic and never come down.
In fact, I see food stall increase food price again for this CNY.
Without GST vouchers and CDC vouchers - the pressure on common people very big because many such people income didn't rise unlike those working people.
[16/02, 1:29 pm] Close friend comment: Gst should keep. It is a gesture to signal basic necessity should not attract gst but for ease of implementation, return back as a form of gst voucher.
CDC hard to justify. Why and why not.
[16/02, 1:30 pm] ☸️ Danny 心:
This is exactly what I mean.
The very big part of tax revenue will be gone if GST burden people and they start to withdraw support for the gov if GST and CDC vouchers relief are withdrawn.
CDC help those lower income groups.
Also every household benefit.
Because food price inelastic.
After COVID, Trump tariff - food price stick.
Until now food price didn't come down.
心法, [16/2/2026 9:30 pm]
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[15/02, 6:18 pm] ☸️ Danny 心: Actually PM Lawrence Wong "We Concept" is trying to fulfill my 5 Bodhi Vows.
That's why I must try to help him to put everything right in our Singapore Pureland.
[15/02, 6:19 pm] ☸️ Danny 心: Leave no one in Samsara behind.
Leave no matter in Samsara behind.
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