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Saturday, June 23, 2012

Choices for Singapore

Prime Minister Lee has framed the question - do you want to pay higher taxes for more welfare benefits, like the Scandinavian countries?

This is not the right way to frame the question. In the Scandinavian countries, the people who pay higher taxes are those with bigger incomes, and not the ordinary wage earners. So, the correct question should be - do you want a progressive tax system that require the higher income earners to pay more taxes, so that the Government can give better welfare benefits - and create a more equal society?

You can read the argument here:
http://therealsingapore.com/content/hard-truthlee-hsien-loong-good-businessman-not-good-pm


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