25 Jun '15, 10pm

What Budget 2015 means for a Mothership.sg reader #mothers

What Budget 2015 means for a Mothership.sg reader #mothers

Singapore’s Budget 2015 is hailed as “budget boost for the middle class” for its help to childcare, school and training expenses (The Straits Times ) or a “Robin-Hood” budget (Bloomberg ) for its tax on the rich. We know that many of our Mothership.sg readers feel poor and probably felt that they do not belong to the middle-class. That’s probably why they prefer to read free news from us. Based on our own web analytics in January, many of Mothership.sg readers: 1. belong to the 25-34 years age bracket (47.12%). 2. and the 18-24 years age bracket (20.92%). Hence, we decided to make a few assumptions and guess how Budget 2015 will affect a Mothership.sg reader: – Personal income tax rebate of 50% capped at $1,000 (if s/he is not unemployed ) – $500 SkillsFuture Credit for him/her (if s/he is the same age or older than Jennifer Lawrence ) – A reduction of disposable income an...

Full article: http://mothership.sg/2015/02/what-budget-2015-means-for-a...

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