Fairer Way To Bid For COEs

Re: Fairer Way To Bid For COEs

04M3;857644 said:
Why should the system aboard be the system that we aspire towards? Are they genuinely happier than us in Singapore, all other things being equal? Our general population unhappiness stems from a certain mindset, not the economical and governmental policies.

Your point on the inefficiencies of our road pricing is unsubstantiated by any real examples of a better working system, in an environment that is comparable to ours. Singapore is a high tax country, if you CHOOSE to live as such. Such choices can also be put towards improving one's lot in life, rather than going directly for material benefits when it cannot be afforded comfortably.

Income tax in Singapore is also staggered into bands. How is the 'high income earner's burden' capped and reduced when a person making more than a SG$150k a year pays nearly 20% in income taxes, and another person making SG$30k a year pays about 1% in income taxes?

If you listen to most of the arguments that are made these days on governmental policies (road pricing or otherwise), and the premise on which these arguments are based on, do you still feel that they are not pushing for negative changes with a populist, unthinking and uneducated approach? Tax the fellow who buys a Ferrari half a million just because he can afford it. That's real rational and good for the nation.

May i also boldly point out that your point that we, who genuinely feel comfortable paying our direct and indirect taxes through circumstances and choices, are brainwashed. You don't like me calling you a populist and i don't like you saying i'm brainwashed.


I can't stop you from stretching the scope of the discussion further and further, and making assumptions about my stand, so I will end this discussion with this post.

On road pricing inefficiencies, which part of my original post did you not understand. I did offer suggestions - you may disagree with them, but not say unsubstantiated. The number of likes on that post showed at least a few people thought the points made some sense.

Neither did I mention anywhere in my posts that we should aspire to be like other countries - your words, not mine. But since you mention this - take a good hard look at hong kong. No COE, no ERP, no tax surcharges, no OMV/PARF, about half the number of taxis per capita than our country. Yet traffic is smoother, buses go everywhere, taxis are always available. HK approached the problems the hard way - systematically refining the infrastructure. Singapore took the easier way of taxing and pricing to steer demand, and is now playing catch up in fixing the infrastructure shortfall. I had personal conversations with our minister - even he admitted to this oversight the last few years, at least in private.

No where in my posts did I mention that current tax code is bad - I just disagree with you that Singapore is a low tax country.

A low marginal tax rate reduces the tax burden of the top income earners. I didn't say in absolute term they are not paying more than the poor, just relatively they pay less than under a higher marginal tax environment. As a result, the balance tax revenue is shared out across the population. You choose what you want to read.

No, I don't think the arguments put forth by many are populist opinions. These arguments were put forth by people who are facing difficulties, who felt left behind. I may not agree with their views - but I don't call them unthinking.

Finally, when I mention the word brainwash, I used the word "we" - a general term that first point to myself. I really did believe we had it best tax wise till i take a hard look at total tax. I dont attempt to put a label on anyone. When you used the word populist, unthinking, you used "you" - a personal criticism and attack. This runs through many parts of your posts where you label people who disagree with you. Big difference.
 
Re: Fairer Way To Bid For COEs

DriveAllDay;857669 said:
I can't stop you from stretching the scope of the discussion further and further, and making assumptions about my stand, so I will end this discussion with this post.

On road pricing inefficiencies, which part of my original post did you not understand. I did offer suggestions - you may disagree with them, but not say unsubstantiated. The number of likes on that post showed at least a few people thought the points made some sense.

Neither did I mention anywhere in my posts that we should aspire to be like other countries - your words, not mine. But since you mention this - take a good hard look at hong kong. No COE, no ERP, no tax surcharges, no OMV/PARF, about half the number of taxis per capita than our country. Yet traffic is smoother, buses go everywhere, taxis are always available. HK approached the problems the hard way - systematically refining the infrastructure. Singapore took the easier way of taxing and pricing to steer demand, and is now playing catch up in fixing the infrastructure shortfall. I had personal conversations with our minister - even he admitted to this oversight the last few years, at least in private.

No where in my posts did I mention that current tax code is bad - I just disagree with you that Singapore is a low tax country.

A low marginal tax rate reduces the tax burden of the top income earners. I didn't say in absolute term they are not paying more than the poor, just relatively they pay less than under a higher marginal tax environment. As a result, the balance tax revenue is shared out across the population. You choose what you want to read.

No, I don't think the arguments put forth by many are populist opinions. These arguments were put forth by people who are facing difficulties, who felt left behind. I may not agree with their views - but I don't call them unthinking.

Finally, when I mention the word brainwash, I used the word "we" - a general term that first point to myself. I really did believe we had it best tax wise till i take a hard look at total tax. I dont attempt to put a label on anyone. When you used the word populist, unthinking, you used "you" - a personal criticism and attack. This runs through many parts of your posts where you label people who disagree with you. Big difference.

You have had conversations with our transport minister, so have i. These statements count for nothing, for there is no means to verify.

You like to talk about HK. it makes me wonder which HK you lived in, cause the HK i see is quite a bit different. Extremely limited parking lots, paying for permanent parking lots, buying a house and not having it come with parking lots. Expensive parking fees across the board. No taxes like ERP, COE and import duties like our's, but the citizens who CHOOSE to drive still kena whack on parking. And perk hour traffic doesn't seem any better than ours.

HK has its problems, some of which are worse than ours. If you have spent any amount of time there, and interacted with the locals, the way you have implied that you did, then you should know this. My HK friends who choose to drive are equally unhappy with their traffic and parking issues as we are with our COE, ERP and import duties. The difference is that they understand that one pays for one's choices. You choose to drive, you pay for it.

If you need 'likes' to validate your argument premise to be coherent and viable, and make statements like 'I will end the discussion with this post.', then i think it is clear that you have nothing else to offer in this discussion. The basis of this discussion is straightforward. You think the COE system is flawed because, according to you, everyone in Singapore should be ENTITLED to own a car. And the COE and import duties are not inclusive, and penalises people who are behind the curve. My premise is simply that car ownership is never an entitlement. Not in Singapore, and not in anywhere else on Earth.
 
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Re: Fairer Way To Bid For COEs

i was wondering if one day the only car on spore road is lambo, ferrari, porky and maserati
///m & amg & rs are considered bread and butter car
what the discussion would be
 
Re: Fairer Way To Bid For COEs

First off - HK is a bad example. The fact that you have to pay for your parking lot is a substantial spend.

Secondly - this is not about road pricing. That would lead into a dialog into consumption of instructure services by the population.

This is about the COE which is there in the first place to regulate the car population. And taxation is the chosen mechanism. I do not think HK is in anyway better than our ours in transportation.

We all had an opportunity to talk to the leadership - but the original suggestion by the doctor is how the approach should start.

Convene a team to study the situation and have dialogues with the people.

DriveAllDay;857669 said:
I can't stop you from stretching the scope of the discussion further and further, and making assumptions about my stand, so I will end this discussion with this post.

On road pricing inefficiencies, which part of my original post did you not understand. I did offer suggestions - you may disagree with them, but not say unsubstantiated. The number of likes on that post showed at least a few people thought the points made some sense.

Neither did I mention anywhere in my posts that we should aspire to be like other countries - your words, not mine. But since you mention this - take a good hard look at hong kong. No COE, no ERP, no tax surcharges, no OMV/PARF, about half the number of taxis per capita than our country. Yet traffic is smoother, buses go everywhere, taxis are always available. HK approached the problems the hard way - systematically refining the infrastructure. Singapore took the easier way of taxing and pricing to steer demand, and is now playing catch up in fixing the infrastructure shortfall. I had personal conversations with our minister - even he admitted to this oversight the last few years, at least in private.

No where in my posts did I mention that current tax code is bad - I just disagree with you that Singapore is a low tax country.

A low marginal tax rate reduces the tax burden of the top income earners. I didn't say in absolute term they are not paying more than the poor, just relatively they pay less than under a higher marginal tax environment. As a result, the balance tax revenue is shared out across the population. You choose what you want to read.

No, I don't think the arguments put forth by many are populist opinions. These arguments were put forth by people who are facing difficulties, who felt left behind. I may not agree with their views - but I don't call them unthinking.

Finally, when I mention the word brainwash, I used the word "we" - a general term that first point to myself. I really did believe we had it best tax wise till i take a hard look at total tax. I dont attempt to put a label on anyone. When you used the word populist, unthinking, you used "you" - a personal criticism and attack. This runs through many parts of your posts where you label people who disagree with you. Big difference.
 
Re: Fairer Way To Bid For COEs

wt_know;857687 said:
i was wondering if one day the only car on spore road is lambo, ferrari, porky and maserati
///m & amg & rs are considered bread and butter car
what the discussion would be

The topic would probably centre on the speed limit ........goto parliament and ask for the autobahn. Then reduce TP population since there is no speed limit ......
 
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Re: Fairer Way To Bid For COEs

04M3;857678 said:
You have had conversations with our transport minister, so have i. These statements count for nothing, for there is no means to verify.

You like to talk about HK. it makes me wonder which HK you lived in, cause the HK i see is quite a bit different. Extremely limited parking lots, paying for permanent parking lots, buying a house and not having it come with parking lots. Expensive parking fees across the board. No taxes like ERP, COE and import duties like our's, but the citizens who CHOOSE to drive still kena whack on parking. And perk hour traffic doesn't seem any better than ours.

HK has its problems, some of which are worse than ours. If you have spent any amount of time there, and interacted with the locals, the way you have implied that you did, then you should know this. I don't think my HK friends who choose to drive are any happier with their traffic and parking issues as we are with our COE, ERP and import duties. The difference is that they understand that one pays for one's choices. You choose to drive, you pay for it.

If you need 'likes' to validate your argument premise to be coherent and viable, and make statements like 'I will end the discussion with this post.', then i think it is clear that you have nothing else to offer in this discussion. The basis of this discussion is straightforward. You think the COE system is flawed because, according to you, everyone in Singapore should be ENTITLED to own a car. And the COE and import duties are not inclusive, and penalises people who are behind the curve. My premise is simply that car ownership is never an entitlement. Not in Singapore, and not in anywhere else on Earth.

I wanted to end this discussion amiably, but it seems with your latest post it is impossible now.

Which part of any of my post did I ever said car ownership is an entitlement? If you bothered to read my earlier posts in this thread you would actually see that i agreed with COE, but offered a refinement with a secondary trading platform for transfer. Why are you so hell bend on twisting words?

Let me be clear once and for all, for you specifically: I believe in car population control. I believe market based control is the best allocation method. I believe not everyone can, or should own cars. On the other hand, I believe the current COE-OMV combination is outdated, and there are ways to get rid of its inefficiencies. Hence I offered thought on how to improve it.

What is the point of your post?

You keep challenging and touting me to cite concrete examples, what do you have to offer in return? Any points to improve our current system, any statistics to back your counter arguments? Instead you have kept making assumptions up about me, and calling people names

I cite HK only because it is the closest city state to Singapore. Take total cost of car ownership for ten years, including depreciation, parking charges, road taxes, and Singapore would come up more expensive. Singapore CBD parking is about $3-400 a month; HK about $700 (Wilson parking city hall). Over ten years that's $36-48k difference, a fraction of COE. Thats before 120% registration and gst Singapore imposes. Even at extreme you can park at IFC hourly for HK$20/hr, 9 hours a day, 22 days a month and still pay less in total than singapore. I can almost always get taxis in HK, I often can't in Singapore. HK-Kowloon crossings are bad, but traffic in general is better than Singapore. I can get from Kwuntong to Central in 20 mins during peak evening hours, I can't get get from CBD to Bukit Timah in the same time anymore.

I write posts to share, to engage in productive discussion - never for likes. Your accusing me of needing likes to validate myself further enforces your tendency to make worst assumptions on others and to judge others

Let's see you write something constructive for a change - how about a couple of ideas to make singapore better?
 
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Re: Fairer Way To Bid For COEs

Red_Bean_Bun;857689 said:
First off - HK is a bad example. The fact that you have to pay for your parking lot is a substantial spend.

Secondly - this is not about road pricing. That would lead into a dialog into consumption of instructure services by the population.

This is about the COE which is there in the first place to regulate the car population. And taxation is the chosen mechanism. I do not think HK is in anyway better than our ours in transportation.

We all had an opportunity to talk to the leadership - but the original suggestion by the doctor is how the approach should start.

Convene a team to study the situation and have dialogues with the people.

Well, COE is road pricing...
 
Re: Fairer Way To Bid For COEs

DriveAllDay;857710 said:
Well, COE is road pricing...

Road pricing - Toll charges, ERP, CBD Zone entry charges etc. Primarily for revenue generation (as a form of cost recovery) through the consumption of infrastructure built by the governement. Usually roads.

COE - Certification to show that you are entitled to drive a car - Primarily to control car population.
 
Re: Fairer Way To Bid For COEs

Red_Bean_Bun;857720 said:
Road pricing - Toll charges, ERP, CBD Zone entry charges etc. Primarily for revenue generation (as a form of cost recovery) through the consumption of infrastructure built by the governement. Usually roads.

COE - Certification to show that you are entitled to drive a car - Primarily to control car population.

I stand corrected. Thanks.
 
Re: Fairer Way To Bid For COEs

I apologise for my hostile approach. I think there's little point in continuing this discussion. Peace.
 
Re: Fairer Way To Bid For COEs

04M3;857741 said:
I apologise for my hostile approach. I think there's little point in continuing this discussion. Peace.

Let's shake to that. Peace to you too.
 
Re: Fairer Way To Bid For COEs

i agree the tax we pay is considered pretty low as compared to other countries like UK . but the fact that we are a small country, to control the number of cars in sg, paying hefty taxes for our car is unavoidable
 
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