31 Mar '16, 8am

How can such a pro-business budget benefit the suffering sandwiched middle-class? Like our Facebook page

How can such a pro-business budget benefit the suffering sandwiched middle-class? Like our Facebook page

Did you watch Finance Minister Heng Swee Keat (HSK) deliver the Budget ? If you didn’t, you’re probably like most people with a full-time job, a family to support and oh, maybe, a life. So that’s ok, we’ll summarise the important parts for you. IF you’re one of the rare specimens who DID happen to watch Singapore’s Budget 2016, you’ll notice 3 things: A lot of money is going into helping businesses If you have the cash, it’s time to invest in property in Jurong HSK’s phone went off halfway through the budget The government is spending $4.5BN out of the $5BN budget this year is on helping businesses and developing industries. How the heck do we, the non-towkays, suffering sandwiched middle-class citizens, benefit from this arrangement? At first glance it does seem like the Government is a parent throwing money at their petulant teenage child (aka the businesses), hoping tha...

Full article: http://www.salary.sg/2016/how-can-such-a-pro-business-bud...

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