Another reason why MM Lee loves FTs?

In Economy on 24/06/2010 at 7:20 am

And this time it is good reason.

In an article on Japan, FT’s Lex pointed out that What Japan needs is new and dependable sources of funding, of which there was scant evidence in the budget plan on Tuesday. Pets, which outnumber Japanese children by 6m, don’t pay taxes. Immigrants do.

With true-blue S’poreans refusing to breed for S’pore because they think “Breeding for S’pore” is breeding  slaves for the PAP, there has to be new supply of tax payers: what better than FTs?


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