In a dialogue session held with residents of Macpherson, a resident echoed his thoughts loudly by saying that he hoped that transport fares will not go up during difficult times as such.
Mr Raymond Lim then explained that if we want free transport that would mean 8.5% in GST.
First and foremost, the resident or as a matter of fact, we Singaporeans are not expecting FREE transport. So why the mention on FREE transport?
This is another statement that Raymond Lim made...
"There are only two persons who pay when it comes to public transport fares. One, I use - I pay. Or two, I use - you help me subsidise my ride. What happens when you subsidise my rides? That means the taxpayers are now paying."
What is so wrong to get the Government to subsidies rides? Especially for Senior Citizens.
I overheard this from a coffeeshop talk... the Government wants us to work all of our lives to continue to contribute to our economy and society until the age of 65, or better still if you dont retire. Anyway there are 2 big corporations we can retire in that is Mac Donalds' and KFC. After having slog for so many years for the economy, when we are sick, poor and old, the Government should take care of us!
I cannot help but agree with the uncle! He makes so much sense!
On the other hand, if the subsidy is going to come from tax payers' money then what subsidy are we talking about here? A better word to use should be 'rebates'???
I'm sure there is more than 1 source of income for the subsidy. Does it have to come from the residents? SBS Transit made millions of dollars as profits. We have a basement fully choked with reserves.... can't we use it at least to provide FREE transport for Senior citizens? I am not asking FREE for all, its only for the Senior citizens who probably hardly gets out of the house!
But if its going to be like what Raymond Lim had said, in order to get FREE transport, GST will have to be 8.5%
At least GST is already fixed with FREE transportation taken into account. Transport fares are not fixed and we are at the mercy of transport operators. Anytime they call for an increase, we got to pay extra. It is also subjected to external factors such as cost of oil.
Therefore I am for GST at 8.5% with FREE transport for all Singaporeans!