I am cycling soon....

Should remove the sub completely and let the price float for all. With that there won't be any mismanagement on the "sub" money claimed by the gov. We will know where our hard earn moneh went....

This post has been edited by yap.ben: Jan 7 2010, 05:30 PM

Well, lets put it this way... Once the sub is being removed they should reduce taxes. Once the taxes are reduced, things will be cheaper. We have are one the the highest in taxes if not the highest in the world.

Removal of Sub and reduction of taxes should be done simultaneously to reduce the impact. The scenario now is that petrol $$$ has been made the scapegoat for increase of expenses here. If the sub were to remove, there will be effect but it will be once or twice but not everytime when the gov increase the $$$ of petrol if it is still sub. If the $$$ goes up we pay but if the $$$ comes down we saved. There are just too much grey area on how much $$$ was actually spent on the sub. I will quote Spore and OZ as an example where I dun c their food $$$ fluctuate like ours. Seriously, I think there is some serious problem in our economy plan...