[[[ForeverAlone]]]

No Problem for the REAL RICH

https://www.channelnewsasia.com/singapor...-5-3398226

[K88 shu shu]

MYBFD.

[Dan]

This is the job of PAP the higher the better for GDP

[debono]

This is the job of PAP the higher the better for GDP

The amount collected from COE is humongous.........................

[menghuii]

1 pcs of stupiak coe for a bike omg is already 12k
this govt is totally.........(*%^$##O!!

[Dan]

Budget 2022: Vehicle tax, COE revenue set to rise 15% to $6.46 billion

What is the single largest source of government overall revenue in Singapore?
Tax revenue is the main source of the Government's Operating Revenue, accounting for about 73.6% in FY2021.

[WhatDoYouThink!]

Most ppl can do without cars, but small businesses which need cars are the ones who suffer

[[[ForeverAlone]]]

1 pcs of stupiak coe for a bike omg is already 12k
this govt is totally.........(*%^$##O!!

Actually don't get fool " a lot rich foreigners " they just park their money here BUT NOT spending in SG.

Rich people is not dumb or else why they are rich in the first place. Why spend in SG whereas they can spend else where cheaper yet own more.

[debono]

Most ppl can do without cars, but small businesses which need cars are the ones who suffer

Then cost will be passed on to the consumers.........people like you and me........

[Dan]

PAP government do not make much from abroad they make money from the ordinarily citizens

Look at their performance

https://tradingeconomics.com/singapore/i...production

[mikotan]

The coming cars@expo will push coe higher!

[[[ForeverAlone]]]

Most ppl can do without cars, but small businesses which need cars are the ones who suffer

Dynamite Kor Kor own a car.

[Niubee]

Govt spent 100b during the Covid period. Pay back time...

[debono]

The coming cars@expo will push coe higher!

That is for sure............where do those ppl find the money to buy new cars, with such a high COE price................

[Tee tiong huat]

Budget 2022: Vehicle tax, COE revenue set to rise 15% to $6.46 billion

What is the single largest source of government overall revenue in Singapore?
Tax revenue is the main source of the Government's Operating Revenue, accounting for about 73.6% in FY2021.

For the rich, but motor...S$12,000. 

[Tee tiong huat]

For the rich, but motor...S$12,000. 

Malaysia RM$40,000 can buy a new car. 

[[[ForeverAlone]]]

Malaysia RM$40,000 can buy a new car. 

Others drive car is like " everyone can afford " in big countries.

Is like is common every family own at least one car. Partly country is big not say everywhere got public transport.

[debono]

Others drive car is like " everyone can afford " in big countries.

Is like is common every family own at least one car. Partly country is big not say everywhere got public transport.

In places like Malaysia and Brunei where public transport is scarce, many citizens tend to drive a car.............but then the price of owning a car is not high..........

[[[ForeverAlone]]]

In places like Malaysia and Brunei where public transport is scarce, many citizens tend to drive a car.............but then the price of owning a car is not high..........

got this American friend of mine, he even got his own car workshop beside his landed house. He fix , fine tune his own car park inside.
Of course the car is not luxury car , his landed house is not say dam big but that is what tropical Middle income American owned.

[Dan]

It's not the car or motorcycle ..... look at the bigger picture
It's the inability of the PAP to bring in money from abroad
This is what's happening here.
They import the rich and give them citizenships
Drive up property, rental, food and transport prices
Collect more revenues from increased taxes, COE, and GST ... etcs to meet their GDP

Is this the best they could do?

[sgh]

That is for sure............where do those ppl find the money to buy new cars, with such a high COE price................

Car loan lor. Then somehow find way to pay every month. If not car kena repossessed back lor.

[Truebluesg]

Car loan lor. Then somehow find way to pay every month. If not car kena repossessed back lor.

true true a lot of such people. buy bmw but bank inside really miamchiam bank rupt.
Usually first sign is they refuse to pay for parking , insist it is their entitlement to have free parking.
Gov want to raise COE, lessen the supply of COE, must at least get the stupid trains working first lah!

[debono]

Car loan lor. Then somehow find way to pay every month. If not car kena repossessed back lor.

But getting a loan to buy a car when one cannot pay it's installments is stupid..............

[Tee tiong huat]

It's not the car or motorcycle ..... look at the bigger picture
It's the inability of the PAP to bring in money from abroad
This is what's happening here.
They import the rich and give them citizenships
Drive up property, rental, food and transport prices
Collect more revenues from increased taxes, COE, and GST ... etcs to meet their GDP

Is this the best they could do?

It way to go high, higher and the sky, one day. The poor were eat grass. 

[debono]

It way to go high, higher and the sky, one day. The poor were eat grass. 

That is what will happen if the PAP are not held in check..........................

[Tee tiong huat]

That is what will happen if the PAP are not held in check..........................

When were Singapore 1st, 2nd, 3rd, 4th and others class coming?.

[Instinct]

Govt spent 100b during the Covid period. Pay back time...

A year of COE and ABSD will be enuf to pay for it. 👍

[Tee tiong huat]

The coming cars@expo will push coe higher!

Car is cheap, the tax one need to buy is more then the car. 

[Tee tiong huat]

When were Singapore 1st, 2nd, 3rd, 4th and others class coming?.

10 years, 20, 30 years...later..

[[[ForeverAlone]]]

One policy I only agreed with Greedy pap is come this COE.

SG so small
Now worst on top with PHV so many cars