Thursday 26 February 2015

[Straits Times] Fair for all, sets path for future

THE 2015 Budget is a very comprehensive one detailing the Government's methodical plan to secure our future as a nation while ensuring every Singaporean gets a decent share of the national pie, in particular, the low-income and sandwiched class ("Budget boost for the middle class"; Tuesday).

The civil servants who worked assiduously in the background to flesh out the broad policy strokes must be complimented for making the Budget all inclusive.

Not everyone may be pleased with the individual benefits they will or will not get. But detractors would be hard put to denigrate the intent and substance of this Budget.

Singaporeans, to a large extent, are the gainers, except for high-income earners who would be taxed more and the driving public who have to pay more for fuel.

As owners of a private residential property, my wife and I get little of the largesse distributed all round.

We do not grit our teeth in exasperation each time we are negligibly "gifted", while those who live in HDB flats reap larger harvests.

The low-income and sandwiched Singaporeans are deserving of more generous assistance to lessen the drag of the high cost of living.

During our productive years, through sound management of financial resources and early preparation for retirement through frugal, frills-free expenditure, we have set aside a decent nest egg.

Our joy and contentment are founded on family togetherness, caring for the grandchildren, doing the household chores ourselves, family outings, and taking care of our health - and that is a personal responsibility of all Singaporeans.

Ho Kong Loon