Many people think that SG is a rich country. If that is true, then the PAP govt must be mad to have to increase HDB parking by at least 20%, increase hawker stall rentals and increase water prices. These increases bring in only pittance to the govt but will increase misery of the poor. So the reason to increase revenue is not valid if the pap govt is as rich as what we believe.
The other reason for the increases is that the pap govt is desperate for money and it has to increase revenue to help it tide over this bad period. Due to lack of transparency, we dont know the real financial situation of the pap govt. We just assume that pap govt is rich but we dont know how much money the pap govt lost in its business gambles.
The reason that a rich govt needs to inflict misery to its poor citizens and get pittance doesnt make sense, unless the govt is mad. So, could the more likely reason be that the pap govt is short of money?
The other reason for the increases is that the pap govt is desperate for money and it has to increase revenue to help it tide over this bad period. Due to lack of transparency, we dont know the real financial situation of the pap govt. We just assume that pap govt is rich but we dont know how much money the pap govt lost in its business gambles.
The reason that a rich govt needs to inflict misery to its poor citizens and get pittance doesnt make sense, unless the govt is mad. So, could the more likely reason be that the pap govt is short of money?