Transport-fare hike: PAP breaking election promise yet again

[covertbriar]

The announcement of transport fare increase lays bare the empty rhetoric of the PAP’s election promises.
At the lunchtime rally during the 2015 GE, Mr Lee Hsien Loong boldly proclaimed: “The promise is: We will work with you to make Singapore better for you and your children.”

Three years later, he performs yet another about-face by raising public transport fares. The increase is only the latest round of price hikes his administration has piled on Singaporeans since his election pledge.

The other increases include water price by an astounding 30%, carpark fees by 27%, town council S&CC, ERP rates, electricity and gas tariffs, university fees, and kindergarten and childcare centre rates.
Soon to follow will be the introduction of a sugar tax and carbon tax. Not satisfied, the PAP will increase the GST from the current 7% to 9%.

The bus and MRT fares increase defies logic. While the SMRT was unjustifiably generous with its elite employees like Mr Desmond Kuek – it paid the former CEO $1.87 million in 2016 and $2.31 million the year before despite a disastrous tenure – the company sees it fit to stick it to the average commuter with another fare hike.

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[Kopi0Kosong]

The announcement of transport fare increase lays bare the empty rhetoric of the PAP’s election promises.
At the lunchtime rally during the 2015 GE, Mr Lee Hsien Loong boldly proclaimed: “The promise is: We will work with you to make Singapore better for you and your children.”

Three years later, he performs yet another about-face by raising public transport fares. The increase is only the latest round of price hikes his administration has piled on Singaporeans since his election pledge.

The other increases include water price by an astounding 30%, carpark fees by 27%, town council S&CC, ERP rates, electricity and gas tariffs, university fees, and kindergarten and childcare centre rates.
Soon to follow will be the introduction of a sugar tax and carbon tax. Not satisfied, the PAP will increase the GST from the current 7% to 9%.

The bus and MRT fares increase defies logic. While the SMRT was unjustifiably generous with its elite employees like Mr Desmond Kuek – it paid the former CEO $1.87 million in 2016 and $2.31 million the year before despite a disastrous tenure – the company sees it fit to stick it to the average commuter with another fare hike.

The People have no choice but to pay NOW, each and every increase.
Tabulate and expose them on Judgement Day.
Make the $$$elf-$$$erving LEEders pay for their arrogance .
The People pay and pay NOW.
The People's Action Party shall pay and pay LATER.

 

[Hypocrite-The]

Next year,,,all the goodies will be announced and than the next erection will be called and all will be forgotten,,,and than history will repeat itself,,,,

 

[winnipegjets]

If PAP doesn't rake in more money from us, then we have to worry. It is typical PAP to raise more money ...how else can the ministars enjoy pay and bonus increase? And the amount of money spent to do the Opposition in needs to be found.

70 percent of sinkees have no problem with the PAP; they have no reason to complain when PAP dictates they pay more.

 

[halsey02]

Elderly pays only 0.01 cents only, the rest small change amount...it is still affordable, they tell you. But they don't tell you, the complicated rebate structure or subsidies that will take 1000 rocket scientists, 104 years to unravel, were constructed such a way to confuse the commuters & how it is calculated to 'steal' you money, you can never figure it out.

But as always....they will highlight...the ELDERLY PAY ONLY 0.01 CENTS more...so good! say thank you to the train drivers ( of any), say thank you to the people manning the controls, say thank you to the staff...just say THANK YOU, each time you step out of your house door, say, THANK YOU PAP as a prayer.

 

[imagery]

Solve the problem and get your own transport.

 

[whoami]

Solve the problem and get your own transport.

Also cant escape. Pay coe....erp....

 

[ToaPehGong]

The other increases include water price by an astounding 30%, carpark fees by 27%, town council S&CC, ERP rates, electricity and gas tariffs, university fees, and kindergarten and childcare centre rates.
Soon to follow will be the introduction of a sugar tax and carbon tax. Not satisfied, the PAP will increase the GST from the current 7% to 9%.

With these increases, my multimillionaire ministers pay would be increased. Long Live PAP, Huat Ahhhhhhh

 

[JiuHuKia]

Come Malaysia stay everything cheap no fare hike

 

[Hypocrite-The]

Come Malaysia stay everything cheap no fare hike

U sure?

Malaysia's new government sets bigger budget, cuts fiscal targets
image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
Malaysia's Finance Minister Lim Guan Eng delivering the budget speech in parliament on Friday (Nov 2). (Screengrab: Facebook/Malaysia's Ministry of Finance)
02 Nov 2018 04:17PM (Updated: 02 Nov 2018 07:21PM)
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KUALA LUMPUR: Malaysia announced an expanded budget for 2019 and forecast a wider fiscal deficit as Prime Minister Mahathir Mohamad's new administration tussles with shrinking revenue and a large debt left by the previous administration.
The Mahathir government's first budget since coming to power in a stunning election victory in May also included plans for widespread public spending cuts, sales of non-strategic assets and a one-off dividend of RM30 billion (US$7.2 billion) by state energy firm Petronas to help boost revenue.

Analysts had widely predicted cuts to public spending, especially after Mahathir in October announced plans to reduce development spending and blamed the previous administration of Najib Razak for saddling the country with debt of more than RM1 trillion.
Revenue collection had also taken a hit after the new government scrapped a 6 per cent consumption tax and reintroduced fuel subsidies earlier this year.
Tabling the 2019 budget in parliament, Finance Minister Lim Guan Eng said total revenue is projected to rise to RM261.8 billion next year, up from RM236.5 billion from 2018, thanks largely to the Petronas dividend.
Lim was jeered by some members of parliament at the start of his speech when he described the previous government as kleptocratic.

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"On this historic day, I will be delivering the budget for 2019, which is the first budget under the Pakatan Harapan government.
"I would also like to convey my appreciation to all Malaysian citizens who have shown bravery and patriotism for the country by saving it from a global kleptocracy government and replacing the administration with a government that is clean and democratic," Lim said.

image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
Malaysian Finance Minister Lim Guan Eng reacting to members of parliament at the start of his budget speech on Friday (Nov 2). (Screengrab: Facebook/Malaysia Ministry of Finance)

Government expenditure in 2019 has been budgeted at RM314.6 billion, up 8.3 per cent from this year's revised budget of RM290.4 billion, according to a fiscal outlook report released alongside the budget.

The government is resetting "its fiscal consolidation path starting from 2019 to account for narrow revenue base, additional provision for off-budget items and tax refunds", it said in the report.
It abandoned an earlier target of 2.8 per cent of GDP for this year's fiscal deficit, saying it will widen to 3.7 per cent.
"For the next three years, the government will abide by fiscal consolidation target from 3.4 pct in 2019 to 3.0 in 2020 and 2.8 pct in 2021," Lim said in parliament.
He said the government will introduce a fiscal responsibility act in 2021 to avoid "uncontrolled spending and large debt".
To boost revenue, the government will leverage state assets, review existing tax systems and incentives offered to companies, Lim said. It is also reviewing several projects awarded by the previous administration of Najib Razak.

image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
Malaysia's Prime Minister Mahathir Mohamad (centre) with Finance Minister Lim Guan Eng (left) and Deputy Prime Minister Wan Azizah Wan Ismail arriving for the 2019 budget presentation at the Parliament House in Kuala Lumpur. (Photo: AFP)

The minister also said the government has decided to settle outstanding tax refunds of around RM37 billion, much of which will be funded by the special dividend of RM30 billion from state energy firm Petronas.
The oil and gas company will also pay a regular annual dividend of RM24 billion, according to the fiscal report.
Lim also proposed the introduction of an excise duty on sweet drinks such as sodas and juices.
If approved, the tax of 40 sen per litre will take effect from Apr 1, 2019.
The tax will apply to sweetened drinks that contain more than 5g of sugar per 100ml as well as fruit and vegetable juices that contain more than 12g of sugar per 100ml.


Additionally, a departure levy was proposed for travellers flying out of Malaysia. If approved, it is expected to start on Jun 1, 2019.
The levy will cost RM20 per traveller departing for ASEAN (Association of Southeast Asian Nations) countries and RM40 each for those travelling to other countries.


The government also plans to impose a tax on foreign-based online services such as software, music, video or digital advertisements from Jan 1, 2020.
“This tax measure will create a level playing field between physical retailers and online retailers, especially online retailers from overseas,” Lim said.


Source: Reuters/Bernama/CNA/na/zl(hm)
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