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MAN STEALS FROM SALVATION ARMY GETS EIGHT MONTHS JAIL

Tan Cheok Yen, 43, stole 311 items such as books, clothes, shoes and compact discs, worth $941, at the Salvation Army located on Bishan Street 22 on Aug 25 this year, despite there being signs proclaiming "The donated items here are the property of The Salvation Army. Stealing them is an offence punishable by law".

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CPF SYSTEM ONLY BENEFITS THE RICH?

“If a rich man contributes S$100 to his Central Provident Fund (CPF) account, he could get up to S$22 in income tax relief. In comparison, a person drawing S$3,000 a month would only get S$2 in relief."

Pointing out these extremes in potential savings by different income segments, Singapore University of Social Science economist Walter Theseira said in a forum on Oct 20 that the Republic’s CPF contribution tax relief policy should be reformed to troubleshoot the “regressive nature of CPF contributions”, where those who earn less contribute a greater fraction of their income to society than high earners.

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