92.5% OF SINGAPOREANS WILLING TO TAKE PAY CUT to kick out FTs

[Boliao]

When investors start leaving Singapore, not only the foreign workers follow, many Singaporeans will lose their jobs, opposition parties don't tell you this. When foreign investors are here, they are not only doing their business here, not just setting up shop, hiring people, they are involved in many other economic transactions in Singapore.
Singaporeans should set a broader sights and not to be fooled by the opposition parties. It is not about losing 1 or 2 companies, it is not about losing a few workers, the impact on Singapore is more than just losing the few companies.

That's the typical PAP reply tactics. Suggesting that we'll kill the whole forest if we prune the roses. We will probably be in bad shape in the long run if FDI decreases but we can countered that if we are able to build up local enterprises and businesses. Now if the PAP is really worth their salt, this would be a piece of cake for them. They've been having a holiday for far too long but relying solely on FDI to sustain Singapore's economy.

Your statement is based largely on the assumptions that there are absolutely no talents in Singapore (that includes yourself you bastard) and companies will leave because they cannot find labor to do the work needed. That is not true at all. Reducing foreigner intakes does not remove all the benefits of setting up business or headquarters in Singapore. Try reducing corporate tax and reducing rent. Companies will be cobbling to invest here.

 

[rusty]

If we kick out these FTs, inflation will be rampant. No jobs n inflation. Its a deadly trap.

Honey,
I fully agreed with you, we shouldn't kick out all the FTs, only kick out those who are specialised in HJ and BJ so they don't compete with you.

 

[wMulew]

That's the typical PAP reply tactics. Suggesting that we'll kill the whole forest if we prune the roses. We will probably be in bad shape in the long run if FDI decreases but we can countered that if we are able to build up local enterprises and businesses. Now if the PAP is really worth their salt, this would be a piece of cake for them. They've been having a holiday for far too long but relying solely on FDI to sustain Singapore's economy.

Your statement is based largely on the assumptions that there are absolutely no talents in Singapore (that includes yourself you bastard) and companies will leave because they cannot find labor to do the work needed. That is not true at all. Reducing foreigner intakes does not remove all the benefits of setting up business or headquarters in Singapore. Try reducing corporate tax and reducing rent. Companies will be cobbling to invest here.

If this forum is a representation of the level of talent in SG, the IQ levels of the average opposition supporting retards in this forum proves that there is no talent in SG.

 

[Kinana]

That's the typical PAP reply tactics. Suggesting that we'll kill the whole forest if we prune the roses. We will probably be in bad shape in the long run if FDI decreases but we can countered that if we are able to build up local enterprises and businesses. Now if the PAP is really worth their salt, this would be a piece of cake for them. They've been having a holiday for far too long but relying solely on FDI to sustain Singapore's economy.

Singapore economy is largely local enterprises you dummy. Open your eyes and see you son of a bitch.

Your statement is based largely on the assumptions that there are absolutely no talents in Singapore (that includes yourself you bastard) and companies will leave because they cannot find labor to do the work needed. That is not true at all. Reducing foreigner intakes does not remove all the benefits of setting up business or headquarters in Singapore. Try reducing corporate tax and reducing rent. Companies will be cobbling to invest here.

Where is that assumption in what I wrote you idiot!

BTW, rentals are income too, not just cost. We have full employment and full rentals here in Singapore. The best way is to let market forces dictate and let rentals float what the market will bear. Thats the most efficient way to do business.

 

[watchman8]

All of U should know the real reason why PAP is pushing this. If economic growth slows, all of us suffer a pay cut but the biggest cut will be borne by the rich. On the flip side, if they increase FTs, the rich will benefit the most whilst the rest of us gets the so called 'trickle down' effects!!

If economic growth slows, it means slower rate of income increment. It does not mean income reduction.

If GDP slows or even drops, but population decreases, then it may not mean bleak days as average income per citizen may actually rise.

 

[ykhuser]

will the payrise scheme works base on 40% ta pao by goverment?
assumes $100 pay rise
employer pay $60
gov pay $40

finally
you get $80 after 20% CPF deduction
gov get $20 into CPF
employer pay another 16% contribution which is $16 (should be increasing to 20% in future ) into CPF
gov get another $16

statement balance
you get $60
gov get $36 but after the inital $40 payout , gov lose $4
employer fork out $76

chain effect:
you get $60
after 7% gst deduction you left $55.80
$4.20 enter gov reserve.

gov payout $40
total return $40.20

with the high inflation
$55.80 become much lesser and less attractive.

paiseh wrong calculation yesterday


assumes $100 pay rise
employer pay $60
gov pay $40

finally
you get $80 after 20% CPF deduction
gov get $20 into CPF
employer pay another 16% contribution which is $16 (should be increasing to 20% in future ) into CPF
gov get another $16

statement balance
you get $80
gov get $36 but after the inital $40 payout , gov lose $4
employer fork out $76

chain effect:
you get $80
after 7% gst deduction you left $74.40
$5.60 enter gov reserve.

gov payout $40
total revenue $20+$16+$5.6 = $41.6

with the high inflation
$74.40 become less attractive.

 

[winnipegjets]

If this forum is a representation of the level of talent in SG, the IQ levels of the average opposition supporting retards in this forum proves that there is no talent in SG.

We pay for the most expensive cabinet in the world ...what did they give us? 1 percent growth. ONE percent growth. That's talent ah?

 

[winnipegjets]

Singapore economy is largely local enterprises you dummy.

Those that will have to close shop without cheap labour. Let them close shop lah.

BTW, rentals are income too, not just cost. We have full employment and full rentals here in Singapore. The best way is to let market forces dictate and let rentals float what the market will bear. Thats the most efficient way to do business.

Who are the landlords? Government is killing the middle class.