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Feb 24, 2010
BUDGET 2010
Positive, but breaks for average S'porean would have helped
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THIS year's Budget ('$7b boost to transform economy', yesterday) was positive about economic targets, but short on offering a balm for Singaporeans who made sacrifices to help the country weather the financial crisis. The Budget, which was unveiled in Parliament on Monday, was aimed largely at business and business-related activities.
The Budget would have been sweeter for the average Singaporean if the Government had considered the following favourably:
Lower personal income tax and road tax;
Abolishment of radio and television licence fees;
Lower conservancy service charges; and
Allowing the use of the Central Provident Fund to pay school fees.
I am certain Singaporeans are not expecting anything more as they understand that we sailed through a difficult time last year, and the Government has declared a deficit in the previous and current Budgets.
That was why I suggested rewards that amounted to a small financial bullet for the Government to bite in acknowledgement of the people's sacrifices.
Joshua Selvakumar
BUDGET 2010
Positive, but breaks for average S'porean would have helped
<!-- by line --><!-- end by line -->
<!-- end left side bar --><!-- story content : start -->
THIS year's Budget ('$7b boost to transform economy', yesterday) was positive about economic targets, but short on offering a balm for Singaporeans who made sacrifices to help the country weather the financial crisis. The Budget, which was unveiled in Parliament on Monday, was aimed largely at business and business-related activities.
The Budget would have been sweeter for the average Singaporean if the Government had considered the following favourably:
Lower personal income tax and road tax;
Abolishment of radio and television licence fees;
Lower conservancy service charges; and
Allowing the use of the Central Provident Fund to pay school fees.
I am certain Singaporeans are not expecting anything more as they understand that we sailed through a difficult time last year, and the Government has declared a deficit in the previous and current Budgets.
That was why I suggested rewards that amounted to a small financial bullet for the Government to bite in acknowledgement of the people's sacrifices.
Joshua Selvakumar
