- Joined
- Apr 26, 2014
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- 63
Mr Sham a.k.a. Shanmugam stated, without proof, that the top 20% income earners "subsidized" the GST paid by the population.
Sinkies know that the eligibility criteria for GST relief are stringent. Click here to find out your eligibility.
Therefore the GST paid by the majority of the population is not "subsidized" by the top 20% income earners.
Mr Sham, being a ministar of the current caretaker gabrament ("caretaker government" because Parleement has been dissolved to make way for the 14th general election), has at his disposal big data and AI tools to come up with proof of his assertion. His proof will be subject to examination by Sinkies and people all over the world. (Note: Compared to 1965, there are currently many Sinkies with at least a master's degree in economics. They will be able to analyze if Mr Sham's proof is credible or just bullshit. Moreover we are living in the digital age and Nobel Prize winners in economics in other parts of the world will scrutinize his "proof" too.)
P.S. #1: A few months ago, on his Facebook page, Mr Sham reposted Ben Leong Wing Lup's comments on GST and inflation. Do note that Ben Leong isn't an economist by training (neither does he have a bachelor's degree in economics) and yet he claims to be a know-all about things pertaining to economics. You can read his biodata and see his fcukface by clicking here.
P.S. #2: The fact that Mr Sham endorses Ben Leong's post shows the former to be completely clueless about how economics work. Both he and Ben Leong are the ridicule of Sinkapoor.
GE2025: Important to make clear GST is taken from top and redistributed across population, says Shanmugam
Click here to download and read it in hi-res
Voters should be clear about facts that parties put forward, says Shanmugam
Click here to download and read it in hi-res
Sinkies know that the eligibility criteria for GST relief are stringent. Click here to find out your eligibility.
Therefore the GST paid by the majority of the population is not "subsidized" by the top 20% income earners.
Mr Sham, being a ministar of the current caretaker gabrament ("caretaker government" because Parleement has been dissolved to make way for the 14th general election), has at his disposal big data and AI tools to come up with proof of his assertion. His proof will be subject to examination by Sinkies and people all over the world. (Note: Compared to 1965, there are currently many Sinkies with at least a master's degree in economics. They will be able to analyze if Mr Sham's proof is credible or just bullshit. Moreover we are living in the digital age and Nobel Prize winners in economics in other parts of the world will scrutinize his "proof" too.)
P.S. #1: A few months ago, on his Facebook page, Mr Sham reposted Ben Leong Wing Lup's comments on GST and inflation. Do note that Ben Leong isn't an economist by training (neither does he have a bachelor's degree in economics) and yet he claims to be a know-all about things pertaining to economics. You can read his biodata and see his fcukface by clicking here.
P.S. #2: The fact that Mr Sham endorses Ben Leong's post shows the former to be completely clueless about how economics work. Both he and Ben Leong are the ridicule of Sinkapoor.
GE2025: Important to make clear GST is taken from top and redistributed across population, says Shanmugam
Click here to download and read it in hi-res
Voters should be clear about facts that parties put forward, says Shanmugam
Click here to download and read it in hi-res
