22-02-2022, 11:06 PM
Quote:If all or most of Singapore's tax burdens are placed on the wealthy, they will feel that it is "grossly unfair" and there would soon be no rich people left to tax
Mr Wong said this during the Ask the Finance Minister television programme that aired on Mediacorp's Channel 5 on Tuesday
He said that the Government will "look at" additional utility vouchers for households to cushion the higher carbon taxes over the coming years
A guest on the show, an entrepreneur, raised concerns that tighter foreign manpower policies will mean businesses will hire more technology workers overseas to work remotely
Mr Wong said the tech labour crunch was a worldwide problem but that Singapore's policies did not stop firms bringing in such workers
https://www.todayonline.com/singapore/wh...ng-1823926