17-06-2014, 10:06 AM
(17-06-2014, 08:16 AM)specuvestor Wrote: So I'm trying to understand your logic:
1) it doesn't matter if the society helps the poor or rich. Singapore's utility rebates for example should be uniform across the board?
2) we are entitled to get our CPF back... So you are proposing that we should get our money back but if we failed to manage our retirement the society should take care of us?
3) she is 76 years old, shifting of goal post in the past 14 years probably didn't affect her at all
1) I am more of the idea of raising taxes on the rich to fund social assistance programs... Not quite sure why you use the ultility rebates example because IMO PAP sold away our generators (that runs on gas) and bill us electricity pegged to oil rates... plus double taxation on water.... Leading to ever increasing utility bills despite similar consumption ... Basically inflating the cost for everyone and then throwing some rebates to the lower income to wayang that they are helping the poor...
2) I am of the view that not everyone will mismanage their retirement money... Using a few specific cases to justify locking up the money for everyone is wrong... IMO, govt should help fund social assistance program for those who fell through the crack... Some people may make mistakes in mismanaging their retirement money and thus require assistance... Should we not offer that assistance and penalize them further? Not talking about 3 meals in foodcourt or restaurant but enough assistance to help them with basic necessities...
3) Not quite sure the story of the 76 yr old... I am just enjoying the show of PAP IB smearing mud on the 76 yr old PAP supporter to discredit her claims on CPF...