Saftey nets come with a hefty price to the tax payers, my European colleagues pay 40% of their pay to maintain the social security benefits. Personally I do not want to pay such hefty tax to maintain the safety nets, well selfish some may say. I would rather work and pay for my own medical benefits, and retirement funds.Originally Posted by eric69
I agree a stable government is very critical to small country like Singapoer, without a stable politcal climate, there will be no foreign investments. Taiwan has suffered for the past few years in economy since the unstable political situation started few years ago.
But increasing the price of public transport companies will not help to maintain stable government, in fact more people will vote against the government, to show their displeasure. If the price hike is passed, election will not be conducted this year, as the price hike and decision about IR will be too hard for the politicians to convince the voters.
But come to think of it, how many % of eligible Sporeans get to vote during general elections?
And I have not seen my MP knock at my door for more than 10 years, since my ward joined the GRC after near lost to opposition party.