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A budget of wayang and cheap gimmicks

20 February 2018

Singapore Democrats

If ever there was a budget laden with cheap gimmicks and full of wayang, this one is it.

Finance Minister Heng Swee Keat announced an 'ang pow' of up to $300 for every individual. The giveaway amounts to $700 million. This is against a collection of a surplus of $9.6 billion last year.

In other words, the government is giving back to taxpayers 7 cents for every excess dollar it c ... Read more »