Sunday, January 08, 2017

800,000 houshold to get utility rebate

I am surprised that over 800,000 households are receiving the utiliies rebate. That seems to be more than 50% of all households in Singapore.

Why are we increasing the cost of living to a high level that a large percentage of households need to get the rebate?

This reminds me of an old scout song, "They say in the army, the pay is mighty fine. Give your $100, take back $99".

In our case, the government increases the cost of living to a high level, by imposing 7% GST, and then give rebates. This is opposite to the scout song. LOL.

http://www.propertyguru.com.sg/property-management-news/2017/1/143745/860000-hdb-households-to-receive-utilities-rebates?_ka=knxad_knx7619_201604180804

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