Daily Lessons from Life 04 March 2018 - Say what u want, we r right!!
"Looming GST hike a 'prudent and responsible long-term approach': PM Lee
INGAPORE: The move to raise the Goods and Services Tax (GST) in three to seven years' time will help fund increasing Government spending arising largely from an ageing population, said Prime Minister Lee Hsien Loong on Sunday (Mar 4).
Speaking at an annual Chinese New Year celebration dinner for his ward at Ang Mo Kio GRC, Mr Lee also called on residents to support the Government’s plans to increase healthcare spending, as well as raise GST in time to come.
“Our children are not yet voting, our grandchildren may not yet be born, but their lives and future depend on us acting on their behalf, making wise and far-sighted decisions that protect their interests,” said Mr Lee, who called the impending tax hike a “prudent and responsible long-term approach”.
He added that the Government has thought over its options carefully, such as drawing more from the reserves, before deciding to raise taxes.
“The ageing society and healthcare is not a rainy day, it is an every-day-need-money day, a long-term trend. We are ageing, we will need to spend more on healthcare every year, year after year, for many years to come. If we use the reserves for something we need money for every day, we will find there will be no more money when we need it,” said Mr Lee.
He also touched on the timing of the announcement of the GST hike, an issue that has come up in Parliament in recent weeks, and reiterated that announcing it now is the responsible and honest thing for the Government to do.""
It is CLEAR that no matter what other may think n say, this government is adamant that it is right to raise GST! A tint of GE2011?? Enough said!!
I finished in 6hrs50mins in 2015 SCMS. Worst of the 8th attempts!
My 2016 Resolutions
1 Life Long Pursuit always: - at personal level, to be a good father, husband, son, friend and human being; - at work level, to be a professional; practising the 7e Way of leaders;
2 To continue the holistic healthy lifestyle of 'eating right and exercising regularly' so as to keep the weight at 70-71kg and off HBP medication;
3 To continue to find ways to promote the 7e Way of Leaders, to generate revenue from at least 3 sources, and to get article published in established publications;
4 To continue to contribute as Volunteer Probation Officer (VPO) with the Probation Services Branch; as Senior Health Ambassador (SHA) for Health Promotion Board (HPB); and some other Volunteer opportunities.
5 To invest wiser and trade wisely to profit from an extremely challenging 2016;
6 To complete the 2016 SCMS on 04 December 2016 under 6.5hrs and raise at least S$5.9k for Singapore Cancer Society!;
7 To always has space for the Unexpected.
Have your visited the www.7eleadership.com website?
2010 Tour of Amsterdam/Brussels/Paris/Lucerne/Cologne
Family Outside Versailles Palace, France
2009 Dec Tawian Holidays
Four of my Most Important People
2008 Dec HkgMacauHolidays
HawNgee, ZJ and Jun in JAWs!
Lu's Marathon on 7 Dec 2014
I did it 6hr19sec for the 7th time!
Lu's Marathon on 1 Dec 2013
I did it in 6.16. Worst than 2012 of 6.05 and > Target of 6hrs. Still, I will take it! :-)
Lu's Marathon on 2 Dec 2012
5th Time 6.06 > Goal of 6hrs
Lu's Marathon on 4 Dec 2011
I did it again in 5hrs53min05sec!
Lu's Marathon 05 Dec 2010
I completed my 3rd Marathon - 6hrs 24mins
Lu's Marathon 06 Dec 2009
I Did It AGAIN at 6hr20mins!!
Lu's Marathon 07 Dec 2008
I Dit It! 42.195km in 5hr 53Min 34Sec. My 1st Marathon at 51+ Years Old