tag:blogger.com,1999:blog-8772491888812684500.post6298018512697898643..comments2024-03-21T14:35:09.854+08:00Comments on Singapore Notes: The Gift Of GivingTattlerhttp://www.blogger.com/profile/11037010707866164010noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-8772491888812684500.post-52854792586427583442012-04-09T10:18:19.938+08:002012-04-09T10:18:19.938+08:00To Anon aon 8 Apri at 1251 am. Excellent point.
...To Anon aon 8 Apri at 1251 am. Excellent point.<br /><br />The same explanation also applies for the "donations" of libel damages by the PAP leaders, as it entitles them to income tax deductions. To make it doubly unjust, the tax deductions should should have gone to the defendants (JBJ, CSJ,TLH, etc) as they were ones who paid for it!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-33324301026672360432012-04-09T09:32:28.252+08:002012-04-09T09:32:28.252+08:00It seems those that are truly humble must brag abo...It seems those that are truly humble must brag about their humility. Or is that some new 'asian value' aka 'confucian value' being trotted out?<br />Or is it more liek the 'fat waters that must flow within the fields of the family and not the outsider?'Snarknoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-51401202567737726982012-04-09T09:23:17.007+08:002012-04-09T09:23:17.007+08:00Come on, the Lee never do a song and dance about w...Come on, the Lee never do a song and dance about what they have done or their acts of generosity. Look at LKY he is so humble about his actions, all he did was get people to write about him, name a few institutions and awards after him, wrote about ten volumes about himself, gave the rest of the his advice...such a humble man. Like father like sonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-90399538187975516032012-04-08T22:46:20.491+08:002012-04-08T22:46:20.491+08:00If HDB really comes clean about the actual subsidy...If HDB really comes clean about the actual subsidy, it may end up in some cases they are actually making a profit of S$200 instead of S$100 they say they are subsidising?<br /><br />Who knows really, maybe the Holy Trinity ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-44262170679501306322012-04-08T17:28:02.088+08:002012-04-08T17:28:02.088+08:00sounds like HDB. they say they give you $100 subsi...sounds like HDB. they say they give you $100 subsidy but actually is only $50Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-10035071169810817212012-04-08T15:51:54.971+08:002012-04-08T15:51:54.971+08:00Donation of $600K means tax deductible of 2.5 X $6...Donation of $600K means tax deductible of 2.5 X $600K = $1,500,000.<br /><br />That means his taxable income is now $3.1M - $1.5M = $1.6M.<br />Using figures from IRAS, income tax is $298,350.<br /><br />If he doesn't give any donation, income tax on $3.1M = $598,350.<br /><br />This means he saves $300,000 from income tax by donating $600K.<br />Thus actual loss to him is only 50% i.e. $300K instead of $600K.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-54623038762184023972012-04-07T22:03:58.760+08:002012-04-07T22:03:58.760+08:00Agree. LKY during his reign very much believed in ...Agree. LKY during his reign very much believed in punitive approach - hurt the people monetarily to drive behavior. From fines to law suits etc. <br /><br />Today, his son very much believed in incentivize approach - reward the people monetarily to drive behavior. From MOE values to ministerial pays, civil service pay, budget goodies etc. <br /><br />The move from sticks to carrots are very telling. The premise is the same – people are people, they just respond differently.<br />Both can nearly always be manipulated, for good or ill – if only you find the right levers.KSnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-17499934491780055962012-04-07T22:03:24.342+08:002012-04-07T22:03:24.342+08:00When he gave part of his salary away for whatever ...When he gave part of his salary away for whatever causes, it is still given away in his name. So frankly, what is there for him to redeem himself ? <br /><br />If he had felt so bad about taking so much of our money to pay for his own salary, he should have restored back to his original pay, period. So in the end if he gave back the increment for 1 year, what happened to the increments for the subsequent years ? Just keep quiet ?Alan Wongnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-19539256475841644882012-04-06T20:19:50.122+08:002012-04-06T20:19:50.122+08:00Chee Soon Juan once said that they took away all y...Chee Soon Juan once said that they took away all your rights and freedom so when they give it back to you <br />a little, you have to be so thankful for it.<br />Here, he increased his and his ministers' pay, unjustifiably no matter how you look at it, that when he promised to donate the increased amount after a big outcry, the national media make it sound so charitable and magnanimous that you are left wondering about their definition of logic.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-53402632188167815862012-04-06T19:06:21.070+08:002012-04-06T19:06:21.070+08:00hahaha..i think the two hundred thousand has gone ...hahaha..i think the two hundred thousand has gone to desmond choo for his porridges and community volunteers who are busy serving out "good deeds".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-23010768526180537222012-04-06T18:49:24.717+08:002012-04-06T18:49:24.717+08:00LOL ...some people have unresolved feelings about ...LOL ...some people have unresolved feelings about citizens' judgment. <br />If he wants to take the lead to give, I'm good with that. After all, is our money, and he will still have some change after the tax-deductible for $600k.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-62161285022865900022012-04-06T18:38:29.021+08:002012-04-06T18:38:29.021+08:00Kant says an act has moral worth only if it is don...Kant says an act has moral worth only if it is done out of a sense of duty, rather than because it will give personal gratification. Others might say why care so much about the purity of the motive? Surely what matters is that something was given to a good cause.<br /><br />Well we can't be sure 100% his intentions. But given it was announced the same time the salary was raised, is probably not too far off to gather that he did it not to feel good, but feel less bad. <br /><br />As for the CIF award to PA, might want to find out if the altruism is also extended to those constituencies that are NOT In his Backyards?Just Sayingnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-57943931465564664662012-04-06T17:52:51.762+08:002012-04-06T17:52:51.762+08:00Really don't need to 'show' such gener...Really don't need to 'show' such generosity. All you need to do is to increase spending on health and education to make these essential services affordable to the population. Avoid slapping charges or increases on government charges to businesses is already good enough! Avoid increasing the burden of costs to the people.<br /><br /><a href="http://www.allaboutlovensex.blogspot.com" rel="nofollow">We need leaders who have a heart, not such phonies!</a>Ng Eng Houhttp://allaboutlovensex.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-43103086232002332952012-04-06T14:42:33.852+08:002012-04-06T14:42:33.852+08:00Adding to my comment above:
"...the value of...Adding to my comment above:<br /><br />"...the value of a gift is not accounted by how much is given, but by how much is kept back"... AND...by how much is expected in return!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-45158145132934724372012-04-06T14:33:19.300+08:002012-04-06T14:33:19.300+08:00Remember in 2008, in his "fix the opposition&...Remember in 2008, in his "fix the opposition" speech, he said:<br /><br />"...what is the right way to fix them, what is the right way to buy my supporters over..."<br /><br />Act of generosity? Gifts to worthy causes? A leopard doesn't change his spots.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-60845636711959097922012-04-06T13:28:39.832+08:002012-04-06T13:28:39.832+08:00Needy taxpayers money ---> Prime Minister's...Needy taxpayers money ---> Prime Minister's salary ---> needy taxpayers<br /><br />And we go<br />round, and round and round <br />in circle game.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-56356894735141891112012-04-06T12:04:25.140+08:002012-04-06T12:04:25.140+08:00'Therefore when thou doest thine alms, do not ...'Therefore when thou doest thine alms, do not sound a trumpet before thee, as the hypocrites do in the synagogues and in the streets, that they may have glory of men. Verily I say unto you, They have their reward.' Matthew 6:2.Anonymousnoreply@blogger.com