04-09-2024, 06:17 AM
(04-09-2024, 05:45 AM)Alice Alicia Wrote: COE is like a tariff on all cars and tariff is inflationary especially if imposed on essential goods.
Also true for the high tax on cigarettes and alcohol.
While COE added to raising prices of goods and services which is inflationary thru higher cost of living.
It's carried across by each and every Singaporean