23-01-2022, 03:46 PM
(23-01-2022, 10:30 AM)sgbuffett Wrote: If the govt upfront tell me tax increase is to fund social programmes and elderly ..I would say go ahead.
But if it is to accumulate surplus. Spend more on defense. Govt out scholarships to foreigners, fund govt linked businesses....if will say "go flu kite".
Taxes should not be used to accumulate surplus/reserves.
KNN the reserves accumulated over the years also so stingy to use.
Use a bit also want to replenish in a short time.
Isn't the purpose of our reserves is to be used for emergency?