Beehive3783 Turbocharged September 17, 2024 Share September 17, 2024 On 9/17/2024 at 8:57 AM, Spidey10 said: my fren says coz need to hit kpi in GDP measurement.....dunno how true...this can push contruction activities and push up the numbers... dunno true or not..... Is all about hitting the KPI numbers for them....else no big bonus payout...you think is for the pple meh... my fren say one... artificial GDP with all the infrastructure projects. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Beehive3783 Turbocharged September 17, 2024 Share September 17, 2024 On 9/17/2024 at 11:29 AM, Throttle2 said: And therein lies the issue. Even when such amounts become “loose change” GST needs to be raised or did the raised GST bring in these loose change? I dont know I only know that either ways, to be prudent, one shouldnt fritter. Let's do a simple calculation. 7% to 9% is 30% increase like you mentioned. Take away 30% from 80 billion, it's still 56 billion. Was there ever a need to raise GST by 30%? 1 Link to post Share on other sites More sharing options...
Xefera 6th Gear September 17, 2024 Share September 17, 2024 What we are reading in the media are only what MIW feels necessary to share/justify regarding the GST increase. Bet there are tonnes of other issues that are either too sensitive or will cause great uproar, etc that are being suppressed. Just that we peasants are not privy to all that. 1 2 Link to post Share on other sites More sharing options...
inlinesix Hypersonic September 17, 2024 Share September 17, 2024 On 9/17/2024 at 1:46 PM, Beehive3783 said: Let's do a simple calculation. 7% to 9% is 30% increase like you mentioned. Take away 30% from 80 billion, it's still 56 billion. Was there ever a need to raise GST by 30%? GST collected for FY2024/2023 is higher by $3b or 19%. Where got 30%? The increase of 1% GST increase govt revenue by $2.3b Link to post Share on other sites More sharing options...
Theoldjaffa Hypersonic September 17, 2024 Share September 17, 2024 On 9/16/2024 at 10:18 PM, Wind30 said: https://www.straitstimes.com/singapore/politics/founders-memorial-s-construction-set-to-cost-335-million why gov spend so much money on this? Is there public support for this, if not why is pap doing this if it hurts them??? the gahmen is not stewpig one. its all about numbers. building the memorial contributes to GDP growth. the accompanying benefits are tourism, which adds to GDP the MRT station construction also adds to GDP with the MRT station, it adds value to the plots of land (ex golf course) that's to be redeveloped. gahmen can sell the land under GLS for a higher price with more construction following the GLS, more GDP. what can GDP bring? signals to the world on prosperity and growth, we're doing well, MNCs will cuntinue to invest, spending grows, can tax more, = revenue for the gahmen. so.. gahmen will have enough bullets to justify one la. how much is too much? its all relative. are there better ways to spend the money, or to have a memorial within the museum? definitely yes. can we ask better questions than "why gov spend so much money on this?", also yes. after having said so much bird talk liao, what is my take? Ok.. i take 5 first. go ask chatgpt.. BRB 1 5 Link to post Share on other sites More sharing options...
Spidey10 Supercharged September 17, 2024 Share September 17, 2024 (edited) we need a Thanos to bring equilibrium Edited September 17, 2024 by Spidey10 1 Link to post Share on other sites More sharing options...
Volvobrick Supersonic September 17, 2024 Share September 17, 2024 Thank our lucky stars it's a new built memorial and not carving some faces into the Bukit Timah Hill cliff.... PS. And if want to build, it should be called Independence Memorial or Pioneer Gen Memorial. Link to post Share on other sites More sharing options...
Voodooman Supersonic September 17, 2024 Share September 17, 2024 (edited) On 9/17/2024 at 9:46 AM, Throttle2 said: Yes. The memorial can be aptly incorporated into the National museum. the cost should be greatly reduced then and more justifiable. Yup, most of us are shocked by the money spent. It is really no small amount. This one looks cheaper and we can build 3 of them at the National Museum or place them somewhere iconic. 😂 Edited September 17, 2024 by Voodooman 4 Link to post Share on other sites More sharing options...
Beehive3783 Turbocharged September 17, 2024 Share September 17, 2024 On 9/17/2024 at 3:27 PM, Volvobrick said: Thank our lucky stars it's a new built memorial and not carving some faces into the Bukit Timah Hill cliff.... PS. And if want to build, it should be called Independence Memorial or Pioneer Gen Memorial. They would have called it Lee Kuan Yew memorial if they could. Apparently this memorial was thought up shortly after his death. So no surprises who the memorial really is intended for. 1 3 Link to post Share on other sites More sharing options...
Jellandross Supersonic September 17, 2024 Share September 17, 2024 (edited) On 9/17/2024 at 1:46 PM, Beehive3783 said: Let's do a simple calculation. 7% to 9% is 30% increase like you mentioned. Take away 30% from 80 billion, it's still 56 billion. Was there ever a need to raise GST by 30%? 10 yrs ago no. Now yes. Edited September 17, 2024 by Jellandross 6 Link to post Share on other sites More sharing options...
Theoldjaffa Hypersonic September 17, 2024 Share September 17, 2024 This could possibly be the first F&B tenant aptly named 7 Link to post Share on other sites More sharing options...
Sosaria Twincharged September 17, 2024 Share September 17, 2024 On 9/17/2024 at 10:42 AM, Spidey10 said: As the saying goes....coz they are given a blanc cheque .... But who gives them the blanc cheque?? *slaps self* 2 Link to post Share on other sites More sharing options...
Sosaria Twincharged September 17, 2024 Share September 17, 2024 On 9/17/2024 at 5:20 PM, Jellandross said: 10 yrs ago no. Now yes. Seems that we have very much gone down the profligate spending and irresponsible, unsustainable plans road, in just 10 years! 2 1 Link to post Share on other sites More sharing options...
Atonchia Supersonic September 17, 2024 Share September 17, 2024 (edited) On 9/17/2024 at 3:32 PM, Voodooman said: Yup, most of us are shocked by the money spent. It is really no small amount. This one looks cheaper and we can build 3 of them at the National Museum or place them somewhere iconic. 😂 Ang Mo likes to bask in the sun.... So no problem... Founders prefer air conditioned indoor space.... Edited September 17, 2024 by Atonchia 4 Link to post Share on other sites More sharing options...
Enye Hypersonic September 17, 2024 Share September 17, 2024 The retiree said please continue to give them one hand cover sky if not … https://www.channelnewsasia.com/singapore/lee-hsien-loong-public-service-government-general-elections-4612816 😬 1 Link to post Share on other sites More sharing options...
mersaylee Hypersonic September 17, 2024 Share September 17, 2024 At least not collect oredi put inside a bag then ownself jiak ownself song 😁 Public fund...public complex...public fun...public ccb pxp... 2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 17, 2024 Share September 17, 2024 On 9/17/2024 at 6:40 PM, Sosaria said: But who gives them the blanc cheque?? *slaps self* muayhahaha 1 Link to post Share on other sites More sharing options...
Benarsenal Turbocharged September 17, 2024 Share September 17, 2024 I also find the name "Founder" a bit odd. LKY is not the founder of Singapore. "Pioneer" would probably be more appropriate. And should highlight not just the leaders, but also the population back then who worked hard and sacrificed to make Singapore what it is today. ↡ Advertisement 4 Link to post Share on other sites More sharing options...
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