There's a funny article on the front page of the Straits Times today, about how civil servants are getting $200 and a 0.4 month mid-year bonus. This $200 is supposed to narrow the income gap between high-income and lower-income servants. Do you not see that "In percentage terms, it amounts to a larger payout for [low-income employees] than employees who earn twice of three times more"?
So you give the exact same amount ($200) but it would benefit the lower-income more because it's a higher percentage of their salary? I don't suppose I'm getting that bonus. The bottom 20% of salary earners earn less than about $1000, which is more than twice what I'm earning. Anyway, $200 goes really fast. Handphone bills, internet connection bills, water and electricity bills...
Tonight's dinner costs $100. The GST on that would buy a decent dinner. As Molly has observed, the income gap would be considered as staying the same if percentage-wise the top earners' salary and the bottom earners' salary changed by the same amount. Say I earn $x, and you earn $5x. Our salaries both double in 5 years', so I earn $2x and you earn $10x. Salary gap has not widened.
Here is a photo of myself from yesterday, and a photo of Eugene, looking desolate and despondent.
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