Budget 2020

GE2020: Smear Campaign Started Against Pritam Singh And Alfian Sa'at

GE2020: Smear Campaign Started Against Pritam Singh And Alfian Sa'at

With the General Elections being called soon, it appears that the PAP has started smear campaigns against opposition party members. During the Budget debate on 5 June, Pritam Singh said Singapore should be fortunate that we have citizens who are “loving critics”. Even though Pritam Singh did not name any specific person, Tan Wu Meng inferred that Pritam Singh had spoken in support of Alfian Sa'at. Tan Wu Meng then took this opportunity to smear Pritam Singh who had supposedly voiced support for Alfian Sa'at. Tan Wu Meng asked if Pritam Singh still thinks Alfian Sa'at is a "loving critic" of Singapore based on selected screenshots of Alfian's comments, and went a step further to accuse Pritam Singh of being a "loving critic" himself if he supports Alfian.

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Covid19: Basic Maths For Budget Planning 101

Covid19: Basic Maths For Budget Planning 101

A contributor has shared some interesting calculations for Budget 2020. In Finance Minister Heng Swee Keat's round-up speech on debate on the Fortitude Budget in Parliament, he revealed that Singapore is "committing almost $100 billion, or close to 20 per cent of our GDP, to our Covid-19 response". Once the PAP increases GST from 7% to 9%, our contributor estimates this should bring in an estimated extra 0.7% GDP per year. So in order to cover the money spent on the Special $100 billion Covid19 Budgets, our contributor suggests that the government will need around 28.5 years to claw back this amount. Could this mean that the PAP has a lot of extra in our reserve and they don't really need the extra 2% GST to begin with?

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GE2020: SDP Member Reminds Taxpayers About The Consequences Of Budget 2020

GE2020: SDP Member Reminds Taxpayers About The Consequences Of Budget 2020

Singapore Democratic Party (SDP) member Fadly Azad wrote on his Facebook about Budget 2020. While Singaporeans should be thankful for the cash payouts, he reminded Singaporeans that the money handed out by the government actually came from taxpayers. Remember that one way which the government gets this money is by taxing us, and "whatever they give you now they will take it back sooner or later". With the General Elections looming closer, he calls for Singaporeans to vote wisely. We can either choose to vote in a government who cares more about money and treats its people as digits, or vote in a government that is more concerned about our welfare and well being.

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PAP To Give SGreans "Strong Package" Against Virus Fallout In Budget 2020

PAP To Give SGreans "Strong Package" Against Virus Fallout In Budget 2020

Lawrence Wong is also the co-chairman of the multi-Ministry task-force on Covid- 19, thus he will have a direct view of how the virus is affecting Singapore's economy. As China's economy is one of the biggest in the world, the virus has almost ensured that supply chains have been disrupted due to China’s economic slowdown and this has caused a blow in the global economy, which will definitely affect Singapore.

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