PAP Gov most profitable investment is.....

[Alamaking]

ERP

I believe in 1-2million a day? Someone got more accurate figures?

 

[Narong Wongwan]

ERP

I believe in 1-2million a day? Someone got more accurate figures?

1-2million per pay alot?
Road tax and COE rake in more.
Not counting parking and traffic summons.

 

[crackhead]

ERP...not so much...about $500+k a day less maintenance and electricity much less

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1177551/1/.html

I think COE champion......at the rate we are going....$100,000 x 46,000 a year = $4.6b for a piece of "paper"....that's why can easily lend to IMF

 

[Alamaking]

ERP...not so much...about $500+k a day less maintenance and electricity much less

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1177551/1/.html

I think COE champion......at the rate we are going....$100,000 x 46,000 a year = $4.6b for a piece of "paper"....that's why can easily lend to IMF

Thanks for the link

 

[Leepotism]

I think it's GST.

 

[Leongsam]

ERP

I believe in 1-2million a day? Someone got more accurate figures?

ERP is not for generating revenue. It's to reduce congestion.

 

[The_Hypocrite]

I think COE champion......at the rate we are going....$100,000 x 46,000 a year = $4.6b for a piece of "paper"....that's why can easily lend to IMF[/QUOTE]

I vote for COE as well. Its low cost of doing business and high returns......I mean to maintain the COE system,,how much is the operations cost (both fix and variable)?

 

[Fook Seng]

ERP is not for generating revenue. It's to reduce congestion.

Not anymore. The budget needs it.

 

[loneshark]

I vote for COE. Zero investment, zero maintenance. Recycle every 10 years.

 

[freedalas]

Not anymore. The budget needs it.

That's right, bro. Leongsam is outdated as usual, well at least for things in S'pore.

In fact, when Mah BT was transport minister, he said to reduce ERP would create a "revenue gap". This is why ERP stands for "Everyday Rob People" to S'poreans. The effectiveness of ERP has long been refuted. Despite increasing ERP rather frequently, the roads are still just as congested. Even the blind can see it's totally revenue oriented.

 

[Leongsam]

That's right, bro. Leongsam is outdated as usual, well at least for things in S'pore.

You really are clueless. Small wonder the "disadvantaged" can con you so easily.

 

[erection2015]

investing in foreigners ......they paid helluva lot in stamp duties buying properties and other taxes from working/investing/living here.

ERP

I believe in 1-2million a day? Someone got more accurate figures?

 

[LeMans2011]

This is the revenue for FY2010 and FY2011

 

[LeMans2011]

You could see the rich contributing a lot more to taxes than the poor
GST is broad-based therefore very "profitable" with 8.75 billion collected for 2011. It is so profitable that i bet it would be raised.
COE has increased by 400m in 2011. But one thing that all you siao langs sure contribute to is the betting taxes.

 

[Liquigas]

Land sales is a big contributor to the state coffers just like in Hong Kong.

 

[Cestbon]

U wrong COE is the most profitable business. A4 paper cost min $60k now.COE no need maintenance. Only need a PC and a printer.

 

[Scrooball (clone)]

HDB is most profitable. The only country where a tiny 4 room is selling for $700,000.

 

[Char_Azn]

U wrong COE is the most profitable business. A4 paper cost min $60k now.COE no need maintenance. Only need a PC and a printer.

This one confirm lah. Even the government recently admit. If U are low/medium income, U get more benefits then tax paid. If U add COE, U pay a lot more tax then U get benefits.

 

[JayBee]

I think it should be CPF.. haha

 

[chonburifc]

COE is not even biz! This is plain day light robbery.

Biz you need sime upfront capital, COE almost no up front capital.

think the ponzi CPF is the best biz. Can bleed you and your future future generations till eternity.