Tianmo Hypersonic January 30, 2023 Share January 30, 2023 On 1/28/2023 at 1:36 AM, Lala81 said: A one time cash/voucher grant can be rescinded or reduced. Like if next year u get cdc voucher 50 dollars instead. Issit really you going to bitch about it? But if u say reduce petrol tax to 15% instead of 20%. And have to increase it up later, there will be a fall out. Its simply the human mindset towards any sort of subsidy. Loss avoidance vs gain seeking. Look at how much problems they have raising petroleum prices in our neighbours. The govt (for better or worse), is smart enough not to do it. You would too if you were in power. Cos it saves a lot of headaches and political capital. Yes there is a re circulation effect like what everyone mentioned. Certainly I have noticed friends and family trying to use the vouchers instead of just buying everything off redmart or ntuc online. My sis only does online delivery. So while she used her small retailers vouchers. She can't use the supermarket one. Expand I think if you quit your profession, you can go into management and maybe try marketing as well, maybe even policy making. . ↡ Advertisement 3 Link to post Share on other sites More sharing options...
Hosaybo 6th Gear January 30, 2023 Share January 30, 2023 .....this is the same concept of Petrol station giving petrol voucher instead of lowering their pump price! Cut price and up again, people kpkb alot and threaten go cheapest station. Give voucher.... Wow pledge loyalty and continue to sarpork! Link to post Share on other sites More sharing options...
Stratovarius Turbocharged January 30, 2023 Share January 30, 2023 (edited) On 1/30/2023 at 12:42 AM, Fcw75 said: I thought got V day present? Wong, who is Minister for Finance, quipped that Budget 2023 will be his "Valentine's Day present to all" to help them cope with rising costs, as he acknowledged the concerns many have regarding the issues surrounding the cost of living. Expand Not the choc in box present. More like jack in the box kind. Present come out u scared till bey lin chu. Edited January 30, 2023 by Stratovarius 4 Link to post Share on other sites More sharing options...
RadX Moderator January 30, 2023 Share January 30, 2023 so, does this group then increase inflation? Tax hike for top earners did not hurt spending, while handouts boosted consumption: Singapore study, Singapore - THE BUSINESS TIMES https://www.businesstimes.com.sg/singapore/tax-hike-top-earners-did-not-hurt-spending-while-handouts-boosted-consumption-singapore?utm_source=telegram&utm_medium=social-organic 2 Link to post Share on other sites More sharing options...
SGMCF328 Turbocharged January 30, 2023 Share January 30, 2023 On 1/30/2023 at 5:50 AM, RadX said: so, does this group then increase inflation? Tax hike for top earners did not hurt spending, while handouts boosted consumption: Singapore study, Singapore - THE BUSINESS TIMES https://www.businesstimes.com.sg/singapore/tax-hike-top-earners-did-not-hurt-spending-while-handouts-boosted-consumption-singapore?utm_source=telegram&utm_medium=social-organic Expand This article is quite BS, since the rich, especially foreigners, will go full cash while the gian png lower income group will leverage more on credit card to earn points. I belong to lowest tier, don't even have credit card, so how are my spending be accounted for statistically? Statistics are just financial tools to make numbers look appealing to the targeted audiences. Take it with a pinch of slat, a big pinch by all means. 4 1 Link to post Share on other sites More sharing options...
RadX Moderator January 30, 2023 Share January 30, 2023 On 1/30/2023 at 6:13 AM, SGMCF328 said: This article is quite BS, since the rich, especially foreigners, will go full cash while the gian png lower income group will leverage more on credit card to earn points. I belong to lowest tier, don't even have credit card, so how are my spending be accounted for statistically? Statistics are just financial tools to make numbers look appealing to the targeted audiences. Take it with a pinch of slat, a big pinch by all means. Expand well, the poor are those now earning $80k and less..... @Throttle2 std also considered low by that measure muayhahahhahaha 1 2 Link to post Share on other sites More sharing options...
Victor68 Turbocharged January 30, 2023 Share January 30, 2023 I don't like the CDC vouchers idea but cannot offer anything better. A more direct way could be reduction of hawker centre rent and those enjoying this reduction to reduce price proportionally. Who eat at hawker centers? Also reduce bus fares. Not those $50k per month I suppose. 😆 Link to post Share on other sites More sharing options...
Ender Hypersonic January 30, 2023 Share January 30, 2023 On 1/30/2023 at 2:02 AM, inlinesix said: I know his personality through a friend. Expand Glad you clarify, I almost assume something else. 3 Link to post Share on other sites More sharing options...
inlinesix Hypersonic January 30, 2023 Share January 30, 2023 On 1/30/2023 at 6:23 AM, Victor68 said: I don't like the CDC vouchers idea but cannot offer anything better. A more direct way could be reduction of hawker centre rent and those enjoying this reduction to reduce price proportionally. Who eat at hawker centers? Also reduce bus fares. Not those $50k per month I suppose. 😆 Expand Anybody spend > $120/mth on public transport should apply for https://www.transitlink.com.sg/adult-monthly-travel-card/ 1 Link to post Share on other sites More sharing options...
Victor68 Turbocharged January 30, 2023 Share January 30, 2023 On 1/30/2023 at 6:32 AM, inlinesix said: Anybody spend > $120/mth on public transport should apply for https://www.transitlink.com.sg/adult-monthly-travel-card/ Expand This is great but I doubt everyone knows about this. $120 is still $4 a day. Can be lower if government intention is to give reprieve to a certain group of people. Link to post Share on other sites More sharing options...
inlinesix Hypersonic January 30, 2023 Share January 30, 2023 On 1/30/2023 at 6:40 AM, Victor68 said: This is great but I doubt everyone knows about this. $120 is still $4 a day. Can be lower if government intention is to give reprieve to a certain group of people. Expand In Singapore, maximum fare is $2.26. Only express service is $2.86. Till now, I haven't heard anyone exceed $120/mth. Looks like you are not a public transport user. 1 Link to post Share on other sites More sharing options...
Tianmo Hypersonic January 30, 2023 Share January 30, 2023 On 1/30/2023 at 6:24 AM, Ender said: Glad you clarify, I almost assume something else. Expand 377A ah? 1 Link to post Share on other sites More sharing options...
Blueray Hypersonic September 28, 2023 Share September 28, 2023 New cost-of-living support measures, including up to S$200 cash for eligible Singaporeans and S$200 CDC vouchers https://www.channelnewsasia.com/singapore/cash-payouts-cdc-vouchers-singaporeans-cost-living-water-prices-3804691 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic September 28, 2023 Share September 28, 2023 On 9/28/2023 at 3:28 AM, Blueray said: New cost-of-living support measures, including up to S$200 cash for eligible Singaporeans and S$200 CDC vouchers https://www.channelnewsasia.com/singapore/cash-payouts-cdc-vouchers-singaporeans-cost-living-water-prices-3804691 Expand inflation problem solved nothing to see here move on … huat ah! 5 Link to post Share on other sites More sharing options...
Mustank Hypersonic September 28, 2023 Share September 28, 2023 3 Link to post Share on other sites More sharing options...
Kangadrool Supersonic September 28, 2023 Share September 28, 2023 (edited) numbor orni tofo numbor orni tofo.... https://sg.yahoo.com/finance/news/singapore-water-price-to-increase-by-50-cents-per-cubic-metre-over-next-2-years-015523528.html Edited September 28, 2023 by Kangadrool 2 Link to post Share on other sites More sharing options...
Ahwhye 5th Gear September 28, 2023 Share September 28, 2023 On 9/28/2023 at 3:28 AM, Blueray said: New cost-of-living support measures, including up to S$200 cash for eligible Singaporeans and S$200 CDC vouchers https://www.channelnewsasia.com/singapore/cash-payouts-cdc-vouchers-singaporeans-cost-living-water-prices-3804691 Expand giving out cheekon wings again? 1 Link to post Share on other sites More sharing options...
Stratovarius Turbocharged September 28, 2023 Share September 28, 2023 On 9/28/2023 at 3:28 AM, Blueray said: New cost-of-living support measures, including up to S$200 cash for eligible Singaporeans and S$200 CDC vouchers https://www.channelnewsasia.com/singapore/cash-payouts-cdc-vouchers-singaporeans-cost-living-water-prices-3804691 Expand Chicken wings la. This liang po PO give giving money. ↡ Advertisement 2 Link to post Share on other sites More sharing options...
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