Singapore’s next prime minister signalled that the wealthy might face more taxes as the government seeks more inclusive growth in the city-state and looks for ways to shield the most vulnerable groups from the impact of high inflation.
Quoteworthy: "If you want to change someone’s view, if you want to change someone’s action, you can’t slap them on the hand; you have to hit them in the face." — Former Salomon Brothers economist Henry Kaufman urged the US Fed to “act boldly” to control inflation.
DPM Lawrence Wong signals rich may have to pay more taxes
