WP Jamus Lim and WP stand against CDC and GST voucher is economically flaw .

 [07/10, 1:16 am] : https://vt.tiktok.com/ZSb49KBBw/

Jamus Lim against CDC vouchers.

@Babe:Jamus Lim and WP fails to understand that GST is meant to tax the rich and tax transfer as GST voucher and CDC vouchers as redistribution of wealth from the very rich to the middle and lower class.

[07/10, 1:34 am]  @Babe:Jamus Lim and WP also attribute the 2% increase on GST is the cause of inflation.

But worldwide, where countries didn't raise GST, inflation are still rising due to energy crisis, tariffs war and geopolitical development.

@Babe:Many Countries which didn't raise their GST are experiencing higher inflation than Singapore which has raised GST.

The economic theory you expound cannot stand water.

@Babe:US inflation is 3.4%.

Singapore inflation is 2.3% despite increasing GST by 2%.

Your economic explanation cannot stand water.

@Babe:ASEAN inflation is 3.7%.

@Babe:EU inflation is 3.8%.

@Babe:Asia Pacific inflation is 4.2%.

@Babe:Jamus Lim also fail to understand that CDC vouchers will generate business for neighborhood - that bring about a multiplier effects of our domestic economy through circular flow of income without leading to leakage to external economy - boosting domestic business and creating jobs for SMEs.

@Babe:Since you like to flaunt your flaw economic principles - so let spar economics to see who make more sense.

@Babe:Why Singapore inflation can be so low 2.3% despite hiking GST by 2% as many parts of the world are seeing 3% to 4% inflation?

Because our great Economist here fail to understand that Singapore mainly import many goods, services, raw materials, intermediate goods for our production and consumption.

As our Central Bank, MAS maintain a good currency exchange rate via a basket of currency to help Singapore to be competitive in export and import as well as keeping our imported inflation respectable vis-a-vis other countries - that's why our inflation is cap at 2.3%.

Please check with PAP or independent Economists on my explanation whether is it accurate versus the speech you made in this video.

@Babe:Singapore’s post-tax and transfer Gini coefficient dropped to a record low of 0.379 (down from a market-income Gini of 0.452), reflecting significant fiscal redistribution.

GST voucher and CDC vouchers play an important part of such tax transfer and redistribution to ensure Singapore income inequality are kept low as reflected by the Gini coefficient.

@Babe:How Taxes and Transfers Work in Singapore

• Targeted Support: The Singapore government keeps the overall tax burden low while channeling substantial assistance, such as GST Vouchers and Workfare, heavily toward lower- and middle-income households.

• Housing and Asset Policies: Major interventions like heavily subsidized Housing & Development Board (HDB) flats and the Central Provident Fund (CPF) build foundational wealth and reduce long-term inequality outside of direct cash transfers.

• Progressive Fiscal Structure: Upper-income earners and luxury assets face higher taxes (such as tiered property and-income tax structures), which help fund these social redistributions effectively.

Source:- Google Gemini AI

@Babe:Also every Singaporeans and foreigners who consume and spend in Singapore contribute to the GST.

Rich contributes the most, foreigners who work, travel and study here but don't receive CDC and GST vouchers also contribute benefiting Singaporeans.

So when Singapore economy are doing well year after year, why you discourage Government from dishing out GST and CDC vouchers as dividends to all Singaporeans that contribute to the Singapore fiscal budget?

Just like any companies that do well every year with profit that return the benefits to shareholders as dividends.

Why are you stopping our Government for paying Singaporeans (shareholders) as dividends?

@Babe:We are not beggars that every year extend our hands to the Government for coupons or handouts.

We are shareholders, investors who pay GST for every consumption, every spendings - and if economy do well expect to collect dividends in the form of GST and CDC vouchers.

Your labeling of Singaporeans as coupon beggars belittle all Singaporeans.

Do you belittle shareholders expecting companies from paying dividends when companies make profit?

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@S -smart:The Workers' Party recruits the same people: all opportunists. They want to make a name for themselves politically and get a job in Parliament. So they have to tell the nation that they care about national issues.Driven by personal grudges, the Workers' Party criticized the government and sought to divide the country.The reason why the opposition party (Workers' Party) is so actively trying to win over and mislead young people is because what young people lack is not knowledge, but experience.

@mkgolf123:Still his ideas are very kiddish .. grow up Jamus .. we need to look at our macro fundamentals

@Spearman Bro:What is WP talking?

Thats how wealth is transfered from the wealthy to the lower income sinkies

@Ky Cheong:Singapore doesn't need opposition like workers party, reason because they are not honest. [Innocent][Innocent]

@沐森:Nothing wrong with the cdc vouchers, dividends to citizens to enjoy the benefits of country success and most importantly help shops under HDB neighbourhoods

@BBQle:WP definitely can change for the worst... if come into power, all things cover up....

@BBQle:why a prof oppose to vouchers when they benefit recipients, and local businesses??

typical of oppose just to oppose?

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[07/10, 5:13 pm] My close friend comments: Jamus now say beware of coupon culture. Thought WP wanted gov to allocate more returns from investments?

[07/10, 5:16 pm] My comments: See these transformed netizens that turn against WP and Jamus Lim.

Previously all those netizens that support WP and criticize PAP now turn against WP.

My social media postings has changed many youngsters opinions.

[07/10, 5:18 pm] : I suspect pap also actively engaging all these youth to let them participate in politics and let them see the right perspective.

Some youth say - we are knowledgeable but inexperienced.

Initially we will be fool by WP.

But as we gain experience, we can discern what is right and what is wrong.

[07/10, 6:21 pm] My friend comments: 

It's critical thinking and debating skills. 

Rethink, Reframe, Rebutt.

[07/10, 6:22 pm] My comments: 

Yes.

People are convince by good reasons, logic, judgement and facts.

Hence our Wisdom very important.

We must convince people beyond reasonable doubts that oppies with their limited intelligent cannot win and fool the voters.

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