Comments by "vincecarlo" (@vincecarlo) on "LTA to make changes to COE quota system from August to reduce supply volatility" video.

  1. Proven to Push Prices Further Up Stroke of GENIUS by LTA
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  2. ONLY In SG where a Single Pdt can be Taxed 8 TIMES in 8 Different WAYS. COE is An INVISIBLE Piece o paper to basically a Licence/Permit to Purchase a Vehicle in SG. This is only Part of the Multi Level Taxation on Vehicles in SG that makes it THE MOST EXPENSIVE Country for Car Ownership. Vehicles are Slapped with 8 Different Taxations on A Single Product - Import Tax - ARF - COE - Registration - Road Tax - ERP - Petrol Tax - GST It is A Well Devised System to Squeeze the Citizens in Multi Faceted Taxation System. 61% Voted to Be SCREWED
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