Woody : 'No goodies' Budget doesn't mean no good

[MarrickG]

AS THE Finance Ministry official went through a 10-minute presentation of the Budget, few in the 100-strong audience of residents and community leaders from Marine Parade appeared interested.

Some conversed in whispers, others occupied themselves with SMS messages.

Senior Minister Goh Chok Tong picked up on it as soon as his dialogue began: 'To speak frankly, I don't think any of you here felt a sense of excitement because there are hardly any goodies given out to the middle-income group. Some for the low-income group, the elderly but nothing very much for most Singaporeans.'

He was quick to explain why: The measures proposed in the Budget are intended to transform the economy - and it was not an exercise to distribute goodies.

'In that sense, although it may be an unexciting Budget, it's important because it is a transformational Budget. The Bud-get aims to bring the economy to a higher level from the present developed economy (status) to an advanced economy.'

Mr Goh said the Government decided against having a 'distributive Budget' as the country did not anticipate a recession and some of the benefits outlined in the last Budget continued into this year.

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_496763.html

 

[kaipoh]

GCT talk cock again, abolished the estate duty help us? billion of dollars the govt miss to collect from the estste duty can easily to free tax for us for many years.
You can't even tell next year how much surplus we have & talk about plan for us to get better income, see my middle finger pointing at you!
Don't plan for me just give me the min. wage, I don't like you doggies tell me the world economy going south therefore, the plan can't worked.
I hope someone just documents what the dumbie financial minister said about the budget forecast today and its works in inceasing the peasants wages later.

AS THE Finance Ministry official went through a 10-minute presentation of the Budget, few in the 100-strong audience of residents and community leaders from Marine Parade appeared interested.

Some conversed in whispers, others occupied themselves with SMS messages.

Senior Minister Goh Chok Tong picked up on it as soon as his dialogue began: 'To speak frankly, I don't think any of you here felt a sense of excitement because there are hardly any goodies given out to the middle-income group. Some for the low-income group, the elderly but nothing very much for most Singaporeans.'

He was quick to explain why: The measures proposed in the Budget are intended to transform the economy - and it was not an exercise to distribute goodies.

'In that sense, although it may be an unexciting Budget, it's important because it is a transformational Budget. The Bud-get aims to bring the economy to a higher level from the present developed economy (status) to an advanced economy.'

Mr Goh said the Government decided against having a 'distributive Budget' as the country did not anticipate a recession and some of the benefits outlined in the last Budget continued into this year.

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_496763.html

 

[Cestbon]

Take away GST and up all the personal/company tax by 3~5%. That will really help the poor.
Because poor people don't even have to pay income tax where as GST people have to pay tax 7%.

 

[besotted]

no tax does not mean no levy

no job does not mean jobless

hahaha, any more word play

 

[balajii]

GCT is getting senile

 

[halsey02]

GCT is getting senile

SINkgporeans gets insulted by him , each time he opens his mouth....and THEY ARE LOVING IT!:p

 

[Lord Imperious]

GCT is getting senile

Either that or he has been ordered to look like an senile old idiot to make Ah-Boy and Lao Lee look sharp.

 

[makapaaa]

Just admit that the goody store went up in smoke from the Familee's addictive gambling habit lah!

 

[halsey02]

Just admit that the goody store went up in smoke from the Familee's addictive gambling habit lah!

Now he is trying sell the 'ko yok' that were burnt in the fire and tell you, despite the blacken packaging, the contents still work.

Is Wooden UPGRADING his skills also?