Government Thought Patterns
Foreigners coming to a country and demanding legislation be changed to suit their wants and preferences. Now, where have I heard of that before?
"I love the culture here...but want to ban it anyway." You don't "fundamentally change" something you love.
If you don't want to take it as a religious issue, then it's a damn cultural issue. Really, banning burnt offerings altogether, a custom that's persisted for more than a millennium, because you don't like it.
Now, could this be a fabrication? Well, of course it could. But the shitstorm of a response provoked shows that even the local lumpenproletariat are beginning to be more than a little incensed (no pun intended), and the local Brahmin class appears to be either ignorant or dismissive of the concerns raised. Interesting.
After the uprising of the 17th of June
The Secretary of the Writers' Union
Had leaflets distributed in the StalinalleeStating that the people
Had forfeited the confidence of the government
And could win it back only
By redoubled efforts. Would it not be easier
In that case for the government
To dissolve the people
And elect another?
First of all, we have to expect that our social spending will continue to grow. It's been growing significantly in the last few years and it'll continue to grow particularly as Singaporeans become older because healthcare needs will grow. The question is how you obtain the revenues. We do need over time, over the long term, to think of best sources of revenues and we've got to make sure that what we do is fair and equitable, but also keeps Singapore competitive, because that's what provides jobs for lower and middle income Singaporeans. It's a competitive economy and finding the right balance is important.
Philosophically, I have nothing against raising income taxes. But we have to be practical about how far we can go, and when we can move.
I do favour, however, besides income taxes, when you look at our whole tax system, I do favour further moves towards progressivity over time and that means that, if you don't have too much scope to do it through income taxes, that we have to look at other ways, and especially at asset taxes, property taxes being the most practical way of going about it.