Wednesday, July 18, 2018

Government can provide more benefits

Some people are worried that if the government agrees to provide more benefits to the people, such as health care or a wage subsidy or other subsidy, the government will increase the tax that they have to pay.

I wish to point out the following:

a) The government has a large budget surplus can can afford to provide more benefits without raising the tax.

b) If the government wants to increate GST or other tax, they will do it anyway.

c) The government can, in general, provide these benefits at lower cost compared to the cost that people have to pay when they buy these services on their own.

It is better to have more of the basic needs provided by the government, so that the actual cost of living can be reduced.

Tan Kin Lian

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