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Showing results for tags 'assumption'.
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Reason for property tax hike http://business.asiaone.com/Business/My%2B...122-181541.html Sun, Nov 22, 2009 The Straits Times By Sue-Ann Chia SENIOR POLITICAL CORRESPONDENT THE property tax of HDB flats is being raised next year partly to avoid having to introduce a bigger increase later should home prices continue to rise, said Acting Minister for Information, Communications and the Arts Lui Tuck Yew. He gave the reason on Sunday when he was asked, at a dialogue with Aljunied-Hougang residents, whether the Government could have delayed it since the recession has just started to ease. Noting that the adjustment had been delayed once, in 2008, Rear-Admiral (NS) Lui said: 'The problem is the longer you defer it, the larger the increase will be in the property taxes if HDB prices continues to go up.' So will the property tax be lowered if the home price drops??? seems that Govt wants to take money from peasant first...how abt introducing further pay cut to all ministers inorder to forecast high inflation....
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The question I really like to ask this is myth that if you pay civil servant top salary you would NOT get corruption. Therefore with these cases to disprove the myth should we consider reducing the salary of our top civil servant SINGAPORE: A high