Thursday 5 November 2020

Who pays?



You've got to love Gerald Giam for caring. But who doesn't care? It is always easy to stand up and ask for support measures here, there, more support for everyone, local and foreigners.

But the other part of the equation, the unpleasant and unpopular part is: Who pays?
The Government? Where does the Government get their revenue for spending? Taxes of course.
So Workers' Party should do the math and tell how they proposed for these measures to be funded.
It's not enough to sound good. It's equally important to sound real.
For Workers' Party to be a credible party, they have to address the matter of funding.
On the one hand, they resist even a small GST hike to support an ageing population and spending on the young.
On the other hand, they call for increase assistances in many areas.
There is no money-printing machine.

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