Now THIS is a stimulus package!

| 2 Comments

When I mean a "stimulus package", I'm not talking about handouts to unions, such as what has been happening in the United States. I mean this:

20% personal income tax rebate, 40% property tax rebate

Households will get a 20 per cent personal income tax rebate for Year of Assessment 2009, capped at S$2,000.

There will also be 40 per cent property tax rebate for owner-occupied homes in 2009.

The ordinary people are the ones who bear the brunt of the bad economy, not gahmen and their cronies, the unions. In Singapore, the people (not gahmen or unions) are getting tax relief, in the United States, the gahmen and the unions get the free money and the people are forced to pay for it. I mean, if you're giving out all that money, someone's got to pay for it. If you're a US passport holder, just look into a mirror. That's who's gonna pay. Sheesh.

2 Comments

Isn't that nice? Low taxes + I get a rebate here.

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This page contains a single entry by Rodney published on January 22, 2009 6:52 PM.

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