Budget 2021 Singapore

[red amoeba]

Running out of cash and out of ideas to fix it. Raising GST on small value is sign of desperation.
Increase petrol tax will cause costs to go up.

Fucking irony given global oil price slump.

 

[pvtpublic]

prudent PAP my ass. this has been the most profligate government in the history of Singapore.

 

[pvtpublic]

HSK:

Mr Heng also announced that all motorcycles using petrol will receive a 60 per cent road tax rebate for a year.

Additionally, individual owners of smaller motorcycles of up to 400cc will receive S$50 or S$80 in cash depending on their engine capacity.

Active taxi and private car hire drivers using petrol and petrol hybrid vehicles will receive a petrol duty rebates of S$360 given out over four months, on top of a one-year road tax rebate of 15 per cent given to all taxis and private hire cars using petrol.

Good vehicles and buses using petrol will receive a one-year tax rebate of 100 per cent, while cars using petrol will receive a one-year road tax rebate of 15 per cent.

He hinted that additional petrol duty rebates for motorcycles, taxis, and private hire cars will be introduced by the middle of this year, adding that the Land Transport Authority (LTA) will release more details in April.

This means that all road tax measures will offset about a year of petrol duty increases for taxis and motorcycles, and about two years for commercial vehicles.

Mr Heng went on to say that most of the expected revenue increase from the petrol duty changes in the coming year will be given out through the offsets, which estimated to cost S$113 million.

****

why the fuck do I have to pay more in petrol taxes to subsidize motorcycles, buses and taxis to the tune of $113m?

this government is seriously fucked up.

I will campaign even harder in '25 than I did in '20 to fuck them in the ass.

 

[LordElrond]

Petrol up means bus / mrt fares up, retail prices higher, hawkers will raise their prices and so will taxis. In other words EVERYTHING goes up.

So they give a $200 GST voucher and get back $400. Sounds like a good deal for the pappies.

Why are you so anti government? They always have Sinkies interests at heart. This is to ensure our children has a future. We need to ensure the reserves can last through another 3 generations

 

[LordElrond]

Elon Masks designed the budget.

 

[LordElrond]

Clearly, the way to go is to ride a bicycle or drive a Tesla. All Tesla should be fitted with sensor detecting bike presence at least 100m away and auto diversion to avoid hitting bikes.

 

[50000]

isn't the govt fiscal year from 1 Apr? Budget not approved, tax year not started but Petrol tax increased immediately, all wrong....

 

[LordElrond]

isn't the govt fiscal year from 1 Apr? Budget not approved, tax year not started but Petrol tax increased immediately, all wrong....

Are you new in Singapore? Price hikes is always with immediate effect. Rebates could come years later.

 

[winners]

Their counter argument of going green by using EVs rather than ICE vehicles doesn't hold because the electricity generation in Sinkie land is solely on gas and will still have the green house effect.

We all know that their true motive now is to regenerate the reserves by increasing whatever fucking taxes possible. They should never have spent those subsidies to those dying companies during the last year of the Covid-19 pandemic. These companies will also up lorry when these subsidies are no longer available eventually and their bosses are laughing all the way to the banks.

 

[bobby]

One hand gives....other hand takes. Huat ah !!!!

 

[bart12]

Gst increase is to help the poor..

Petrol up means bus / mrt fares up, retail prices higher, hawkers will raise their prices and so will taxis. In other words EVERYTHING goes up.

So they give a $200 GST voucher and get back $400. Sounds like a good deal for the pappies.

 

[dredd]

You'll have to wait till another election year for more generosity i.e. two peanuts.

And then work the farking monkey to death by making it give back one hundred peanuts.

 

[knnb40]

Whats the amount of cash payout if any??

no matter how many, very soon they will collect back

 

[CPTMiller]

no matter how many, very soon they will collect back

Hahahaha.
But if they going to take back any other way sooner or later
We might as well take something first?
Right??

Faster go grab your $200

 

[laksaboy]

Any Sinkie who had done NS should understand this very well.
All those SAF cheers and songs are embedded with timeless wisdom.

They say that in the Army the pay is mighty fine
they give you a hundred dollars and take back ninety-nine

 

[myfoot123]

What's the point of having a budget if you've already run out of money?

You has got to be kidding right? It goes to show how little you know about PAP's trick. Running out of money, the government can always "borrow" or "steal" from public with their majority votes in parlaiment. The word "running out of money" is one such ploy to give excuses for them to do what they wanted to thicken their coffer.

 

[knnb40]

One hand gives....other hand takes. Huat ah !!!!

the other hand take in more than the hand that gives

 

[cowbellc]

Petrol up means bus / mrt fares up, retail prices higher, hawkers will raise their prices and so will taxis. In other words EVERYTHING goes up.

So they give a $200 GST voucher and get back $400. Sounds like a good deal for the pappies.

Yes. Things that revolved around Oil, which is practically anything & everything, would definitely have a multiplying & cascading effects on all walks of life.

 

[laksaboy]

Running out of cash and out of ideas to fix it. Raising GST on small value is sign of desperation.
Increase petrol tax will cause costs to go up.

Fucking irony given global oil price slump.

Hardly ironic, robbers will do what their nature compels them to do.

 

[myfoot123]

Watching Singapore Budget is like watching National Day every year. What is new? NO BREAK THROUGH, NO WOW FACTOR.