[COE]: Proof that SG gahmen unnecessary favour the rich, forgoes important revenue earning opportunity.
On multiple occasions previously has the BIG car (cat B) COE price been LOWER than the small car (catA COE) price and this abnormality, a glaring evidence of unprogressive taxation, cannot be allowed to continue as it rewards the rich in Singapore at the expense of the environment and the poor.
Instead of ballooning the bureaucracy due to complex cat A or cat B COE quota calculations, PAP ought to focus on improving public transport and FOC transport (bicycle use) and MAXIMISE the amount of taxes obtained viz sale of COEs. This can be done by setting broad, easily understood rules such that the MINIMUM price of a cat B COE CANNOT fall BELOW 150% that of cat A for and that at every bidding, there cannot be more cat B COEs than cat A ones: this would MAXIMISE the revenue collected from issuing COEs and serve the average Singaporean BEST by fast tracking public transport and bicycle transport infrastructure improvements to the betterment of ALL.
COE quotas (except that for commercial vehicles and motorcycles) also should not be allowed to grow for the time being as bus lanes are being expanded due to the consequent reduction of road space due bus only lanes being introduced; pte hires like UBER/ 'grab car' also have high milage use and add to congestion caused. As healthy FOC transportation options (bicycle) and affordable public transport options become available, nobody can give the excuse that a car is a necessity anymore.
On multiple occasions previously has the BIG car (cat B) COE price been LOWER than the small car (catA COE) price and this abnormality, a glaring evidence of unprogressive taxation, cannot be allowed to continue as it rewards the rich in Singapore at the expense of the environment and the poor.
Instead of ballooning the bureaucracy due to complex cat A or cat B COE quota calculations, PAP ought to focus on improving public transport and FOC transport (bicycle use) and MAXIMISE the amount of taxes obtained viz sale of COEs. This can be done by setting broad, easily understood rules such that the MINIMUM price of a cat B COE CANNOT fall BELOW 150% that of cat A for and that at every bidding, there cannot be more cat B COEs than cat A ones: this would MAXIMISE the revenue collected from issuing COEs and serve the average Singaporean BEST by fast tracking public transport and bicycle transport infrastructure improvements to the betterment of ALL.
COE quotas (except that for commercial vehicles and motorcycles) also should not be allowed to grow for the time being as bus lanes are being expanded due to the consequent reduction of road space due bus only lanes being introduced; pte hires like UBER/ 'grab car' also have high milage use and add to congestion caused. As healthy FOC transportation options (bicycle) and affordable public transport options become available, nobody can give the excuse that a car is a necessity anymore.
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