But costs also go down mah.
Where is the government incentive unless they increase corporate taxation to compensate for the drop in income tax.
AMDK well known to spend money here, contribute to economy and GST.
Third world FT don't spend and the only contribution to the economy is paying income tax. Ramesh's contribution based on 66k per month is paying around 150k per year to contribute to nation building.
Anyway, this and other similar threads are a side show. The issue is not FT but the employment of people from third world countries with sub standard degrees or AMDK shaking leg in the office when Singaporeans are more than capable of doing the jobs but are constantly low balled and belittled. I've yet to see any company bring in FT to specifically train locals and we must be the only country where secondments last more than 2 years, there's people seconded here or on expat packages for over 10 years enjoying the privileges while living in another world to the citizens.
When employees pay fair salaries and give Singaporeans the trust and responsibility to undertake these job scopes, a lot of these complaints will disappear.
I will continue to advocate that all male residents who have not served National service are obliged to undertake 2 weeks of community service for each year of their visa with the time off paid for by their employer. Similarly for male PRs, also community service funded by the government in order to keep their re entry permit valid.
In the first case, this evens the playing field for male Singaporeans, in the second case the cost ensures the government only approve the best candidates for PR status.
However this is one BBFA scholar policy that I predict will never be adopted.