GCT actually consider law requiring inheritance to go to state??

enterprise2

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Nearly choke on my breakfast on this. Yeah, rite!! I believe it when I see all the Ng Teng Fong's , Kwek's family fortune going to the state when they pass on!!
 
kindly post article ...

make it got head got tail ...
 
Quite true...how many Sunday times moi ever read...think can be counted with 10 fingers...go wu chun...:D:D
 
This cb GCT is obsessed with getting his hands on your monies.
Back then the fucktard proposed top earners paying % of income as donations....machiam paying tithes
 
U should buy it. Lots of hilarious content there. And their fiction news not bad either!

Can't find the article in the net. It was a side note to his 'meritocracy' speech at the Raffles alumini. Like to see him implementing this law though! All the top 100 wealthy families sure run road!!
 
Can't find the article in the net. It was a side note to his 'meritocracy' speech at the Raffles alumini. Like to see him implementing this law though! All the top 100 wealthy families sure run road!!

Actually it was 30 years ago. GCT with LKY, Devan Nair and Dutch economist Albert Winsemius.
 
The small print reads,

those who have contributed 1 mil in tax exempted
 
kindly post article ...

make it got head got tail ...

Meritocracy works but beware of elitism: ESM Goh

Top schools can help ensure bright students avoid having a sense of entitlement, he says

by Goh Chin Lian, The Sunday Times, 28 July 2013, front page

The danger of Singapore’s best and brightest young people thinking they are naturally superior and entitled to their success worries Emeritus Senior Minister Goh Chok Tong.

Singapore needs to guard against such elitism in schools, public institutions or society at large, because it can divide the inclusive society the country is trying to build, he said yesterday.

To guard against that, he recommended sticking with meritocracy, which has served the country well. But there is a need to adapt and strengthen meritocracy to ensure everyone in society benefits.

“What we need is to get the successful to understand that they have a responsibility to help the less fortunate and less able with compassion,” he said. They can do this through cash donations, sharing skills and knowledge, and serving the country.

At the same time, the Government needs to continue to help families that have fallen behind, through its policies and programmes, he added.

“Together, these efforts will ensure that our brand of meritocracy remains compassionate, that it is fair and inclusive for all – not just those who are lucky in their backgrounds or genetic endowments.”

He was speaking at the 190th anniversary dinner of his alma mater, Raffles Institution, which honoured him with the Gryphon Award for distinguished alumni. It is named after the mythical creature on the school crest.

He is the second recipient after former prime minister Lee Kuan Yew in 2011, who had urged RI then to maintain its longstanding traditions of meritocracy and multiculturism.

Mr Goh made a similar call yesterday, saying: “Our top schools, including RI, must play a key role in ensuring that elitism and a sense of entitlement do not creep into the minds of their students.

“Those of us who have benefited disproportionately from society’s investment in us owe the most to society, particularly to those who may not have had access to the same opportunities. We owe a debt to make lives better for all, and not just for ourselves.”

Recalling his schooldays more than half a century ago when RI was in Bras Basah, Mr Goh, 72, said it was then a melting pot of the best male pupils from primary schools all over Singapore, boys of different races and religions, rich and poor.

Like him, most were poor or from lower-income homes, and meritocracy worked for them, leading them into the top boys’ school.

But as society matured and became more stratified, families who had one well could give their children a head start.

"It is not surprising that many who have not done so well see meritocracy as a system that is biased towards those with better resources, and one which impairs their social mobility," he said.

He recalled that as far as 30 years ago, Singapore's leaders recognised such downsides of meritocracy.

He had listened in as then PM Lee, in a discussion with Dutch economist Albert Winsemius and then labour MP Devan Nair, argued that ideally and philosophically, all wealth should revert to the state on the owner's death so that each successive generation would start on an equal footing, and success would depend on hard work and ability, not inherited wealth.

But that idea was impractical, Mr Goh recalled.

Instead, the Government has tried to level the playing field by putting more resources into education, including pre-schools, and giving financial aid to needy students.

Mr Goh also launched Raffles Community Initiative to provide seed money for students, alumni and parents to do community projects locally and in the region.
 
Meritocracy is having a bit of brains and ability and a lot of kowtowing and bootlicking with the right people to get to the top! And once u r up there, u will do your level best to push off those who try to take your place!! U guys can imagine the 'skill sets' required in this 'meritocracy'!!
 
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GCT should scold his mother for not aborting him and brought this horror to blight Stinkapore as the puppet and eunuch of smear of shit on sole of shoe LKY
 
GCT is another smiling scum like TT............ he screwed us badly by forcing us to hv medishield n medisave the objective of which is really to pass the buck to us so that the state can wash hands clean - you die your biz: why your children or siblings not doing anything? He conveniently forgot most of us pay taxes and are entitled to get something back from the state like unqualifed health care
 
GCT said they increased GST to help the poor.....or was that just a big lie?

Now he wants donations to help the poor? WTF, is he retarded or senile already?

On the other hand, his govt continues to reduce taxes? Hello....yr taxes should be used to help the poor....Duh!!!!
 
Hopefully he will find the love of his life before he leaves this world. ;)
 
GCT must continue to tell lies after lies.
That was all he knew all the time before and you cannot expect that eunuch to be able to change when older , or any time
He was nothing but a fucking eunuch puppet and plaything of smear of shit on sole of shoe LKY
 
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