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Singaporeans split over how to fund higher social spending for seniors: Poll

Singapore

ARE you willing to pay more taxes to fund higher social spending for the elderly? Or should the national reserves be tapped instead?

If that seems a difficult conundrum to you, you are not alone - a new survey by the Institute of Policy Studies (IPS) has found that Singaporeans are divided on the issue.

Two in five respondents - or 40 per cent - said they were not comfortable with higher taxes and would rather tap reserves, while a slightly lower proportion - 34 per cent - indicated the opposite....

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