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Lui is now new Deity of Wealth for Regime

mscitw

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'Tell me how to fund it' says Ruler Loong to dissenters.

One clever minion has solved a problem of funding. Surprise, its the capable and pious Lui.

By using the old trick of supply and demand, Lui effectively create new revenue stream. He wants to restrict new car growth and the news force COE prices to a new high !!

Summary
COEs for big cars jumped S$12,289 to S$75,889. Lackey Tin Pei Ling will easily afford the hike based on her 13k monthly stipend after the Procedural Elections..

This was followed by the S$8,542 increase in the open category COEs to S$73,600. 73k, this is what Ruler Loong earns if you average his pay by 12 full moons. Small wonder he need not join Clinton for the talk fest circuit..

COEs for small cars rose S$5,823 to S$56,112. That is ex-regent Woody's pay if you take into consideration the generous pensions.

COEs for goods vehicles and buses increased S$4,210 to S$37,011. Lesser Minions like free spending YOG Viv or Lui will have spare change if both of them want to start a bus company with just one month's stipend.

Motorcycle COEs went up by S$13 to S$2,091.

If Ruler Loong challenges dissenters on the ways and means to fund various programmes, they only have to cite Lui's tax the car owners' move. Ingenious, the Jewish Messiah may even have a hard time catching up with Lui.
 
Road too many car already. So it depend on the buyer who bid for the quota.
Those cannot afford please dont KPKB.
Very soon many car buyer will have to down grade to use public transport when there car COE expired. Those car with SD? and SF? plate will have to think twice want to replace the car or not.
 
this bidding is caused by free mkt economics no? If suddenly the entire population decide to bid 50 bucks...

there is min. floor level for this right?

honestly, government have to really buck up on public transport becos thats the only way to go.

SMRT keep screwing up is not a good start.
 
this bidding is caused by free mkt economics no? If suddenly the entire population decide to bid 50 bucks...

there is min. floor level for this right?

honestly, government have to really buck up on public transport becos thats the only way to go.

SMRT keep screwing up is not a good start.

Lui's hide is thicker than the Great Wall of China. Despite taking home 30k a month, all he could do is to use COE to reduce new car imports and generate some income from it. He is simply copying his Master's move e.g. wage cuts to solve recession.
 
Sinkieland is nothing more than a rent-seeking parasite. :)
 
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