Singapore has lost the high moral ground

An excellent article by Lucky Tan
http://singaporemind.blogspot.com/2011/04/pap-has-lost-moral-high-ground.html

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When the PAP hiked the GST to 7% we were all told it was done to help the poor.  Several weeks ago, Tharman went on TV and show some statistics to prove that GST benefits the poor - his flawed argument was the rich pay more GST than the poor. Before GST, the poor paid no taxes and the rich paid more in income tax and corporate taxes. Yesterday, the PAP govt announced there will be no GST hikes in the next 5 years. Great! But cynics on the Internet joked that the PAP will not be helping the poor more for the next 5 years using their original argument that GST hike was to help the poor.

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Mah Bow Tan angered many by saying the reserves are raided if HDB flats are more reasonably priced based on income. A quick look at the larger scheme of things it is clear now to most Singaporeans that the purchase of HDB has drained our CPF and it looks more like the PAP has raided our retirement accounts to build massive reserves. 
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