pm lee should proposed an old age fund

[TopSage]

to care for.those above 90...funded by govt revenue set aside for this purpose. such a scheme can be funded either cutting wasteful excessive spending or raising taxes slightly for the rich. Spreading the burdem to ordinary singaporeans is regressive....and does not help to bring abt greater social equity.

he has the right intentions to help the sick and old but solution to. fund this by burdening ordinary singaporeans who ate suffering the highest ncome inequality in the developed world.is.wrong and.unfair. Shows that the incorrect thinking of the PAP that cost it to lose support has still not been corrected

 

[PrinceCharming]

If Pinky takes up your proposal, the CPF will become the largest Ponzi scheme ever to be leegitimately run by a state.

CPF = Central Ponzi Fund

Sinkieland is already world famous for being a money-laundering hub and the tax haven of choice in Asia for tax evaders.