The Business Times
SUBSCRIBERS

Tackling inequality in Singapore: uplift the bottom, not tax the rich

Published Thu, Mar 21, 2019 · 09:50 PM

GIVEN the long-running, wide-ranging discussions on inequality that swept Singapore last year, one might initially have been surprised at the topic's absence from this year's Budget speech.

Inequality was mentioned just twice: once among a list of long-term challenges facing Singapore, and a second time as the issue which the Workfare and Silver Support schemes seek to tackle.

Instead of discussing inequality per se, Finance Minister Heng Swee Keat spoke of the need to help those who are less advantaged, from supporting students to boosting low-wage workers' salaries.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Columns

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here