If Lee KY cabinet was Robin Hood, Lee HL's must surely be the Sheriffs of Nottingham for 'taxing' people to death...
Lee Hsien Loong cabinet sells HDB flats at high prices to Singaporeans due to the imputation of high land costs. High land costs in Singapore today is due to lax land ownership restrictions on foreigners: the majority of whom even enjoy discounted property tax (4% of annual value p.a.) even if the foreigner is using such property for only temporary stay for e.g. holiday, as treasure store-room etc (owner is e.g. Chinese citizen/ Indonesian etc but registered property as 'owner occupied'). Under Lee HL cabinet, even Singaporeans opting for public housing have to compete with foreign property investors for a home in the land they spent 2+yrs in NS to defend.
Lee Kuan Yew era did not implement GST but this was introduced later and increased further in Lee HL cabinet era. In 2012-2013, PAP warned that GST would need to increased to fund so called 'welfare initiatives'.
Early Lee KY cabinet stood by the single member constituency system of elections although it was the LKY cabinet that introduced the GRC system of elections, initially purported to guarantee minority representation in parliament. Unfortunately, since then, the GRC system of elections has since become supersized to include PAP partisan interest: firstly that of introducing new brainwashed recruits to maintain their overwhelming majority control in parliament. Secondly, GRC system gives the Prime Minister monopolistic control over MP, especially those in GRCs since GRC elections are now like football matches, neither players nor spectators can be sure who the candidates are since even this detail is possibly kept secret until nomination day. Gerrymandering: the sudden redrawing of GRC boundaries also ensures that politicians and constituents can never be too familiar with each other.
Supersized GRC system of elections is the achilles heel of our political system; despotism will eventually take root in Singapore.
PS:
Instead of GRC system of elections, a minimum quota of minority candidates according to their % of total population can be allocated as NCMP seats in parliament whereupon which such minority NCMPs may be allowed to vote on any bill which pertains to their race or religious concerns. Returning to a majority single seat system of elections and minus the opposition disadvantage that gerrymandering imposes upon the opposition, there should no longer be any need of the NCMP system as a crutch to opposition presence in parliament.
GST increase announced previously:
02March2012: DPM Tharman: Government revenues need to be raised.
Full text: 08June2012: Singapore's growth expected to slow in next decade
22August2013: GST hike ‘more likely’ if Govt needs to raise revenue for new initiatives
GRC is a crutch to allow PAP to bring in new (greedy) recruits to maintain its stranglehold monopoly inside parliament:
Mr Lee Kuan Yew cabinet acquired people's land cheaply based on zoning for low value use, built HDB flats on it and sold it at costs (+) to Singaporeans.Lee Kuan Yew's chance of a lifetime
...
I feel that land acquisition is an example of our very creative, far-sighted, unconventional legal system, which is one of the key factors to our success story. What would you say about that? (The 1966 Land Acquisition Act lets the Government pay compensation for land it acquires based on current value and zoning. Landowners may question the compensation value, but not the acquisition itself.)
I anticipated these problems. At the low point (in the property market), people gave up on Singapore and said, 'this place is going down the drain', and property prices went down. So I pushed this legislation through. It's probably because of my legal background that I wanted to get the legality of what we were doing properly entrenched, so it cannot be varied and changed for fickle reasons.
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- See more at: http://ifonlysingaporeans.blogspot.sg/2013/02/lee-kuan-yews-chance-of-lifetime.html
Lee Hsien Loong cabinet sells HDB flats at high prices to Singaporeans due to the imputation of high land costs. High land costs in Singapore today is due to lax land ownership restrictions on foreigners: the majority of whom even enjoy discounted property tax (4% of annual value p.a.) even if the foreigner is using such property for only temporary stay for e.g. holiday, as treasure store-room etc (owner is e.g. Chinese citizen/ Indonesian etc but registered property as 'owner occupied'). Under Lee HL cabinet, even Singaporeans opting for public housing have to compete with foreign property investors for a home in the land they spent 2+yrs in NS to defend.
Lee Kuan Yew era did not implement GST but this was introduced later and increased further in Lee HL cabinet era. In 2012-2013, PAP warned that GST would need to increased to fund so called 'welfare initiatives'.
Early Lee KY cabinet stood by the single member constituency system of elections although it was the LKY cabinet that introduced the GRC system of elections, initially purported to guarantee minority representation in parliament. Unfortunately, since then, the GRC system of elections has since become supersized to include PAP partisan interest: firstly that of introducing new brainwashed recruits to maintain their overwhelming majority control in parliament. Secondly, GRC system gives the Prime Minister monopolistic control over MP, especially those in GRCs since GRC elections are now like football matches, neither players nor spectators can be sure who the candidates are since even this detail is possibly kept secret until nomination day. Gerrymandering: the sudden redrawing of GRC boundaries also ensures that politicians and constituents can never be too familiar with each other.
Supersized GRC system of elections is the achilles heel of our political system; despotism will eventually take root in Singapore.
PS:
Instead of GRC system of elections, a minimum quota of minority candidates according to their % of total population can be allocated as NCMP seats in parliament whereupon which such minority NCMPs may be allowed to vote on any bill which pertains to their race or religious concerns. Returning to a majority single seat system of elections and minus the opposition disadvantage that gerrymandering imposes upon the opposition, there should no longer be any need of the NCMP system as a crutch to opposition presence in parliament.
GST increase announced previously:
GRC is a crutch to allow PAP to bring in new (greedy) recruits to maintain its stranglehold monopoly inside parliament:
'Without some assurance of a good chance of winning at least their first election, many able and successful young Singaporeans may not risk their careers to join politics,' Mr Goh Chok Tong, June 2006 ['GRCs make it easier to find top talent: SM'].
[Pict= [URL=http://www.theonlinecitizen.com/2012/04/disassembling-grc-benefits-pap-1/]Disassembling GRC system benefits PAP (Part 1 of 3)[/URL]]
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