26-12-2012, 11:26 AM
Quote:I actually suggested that each household with a child or elderly be allocated a COE. Then they can choose to sell it or use it. And child bearing/ parental policy incentive can be adjusted as well, for eg 2 parents staying with you, you get additional COE.http://www.singstat.gov.sg/stats/keyind.html#hhld
This serves 2 purposes: reallocating money to families that contribute to societal needs, and people cannot complain they don't have a choice in car ownership. And govt don't have to "pay" a cent. Downside is of course fiscal revenue Big Grin
According 2011 statistics, there are a total of 1.1 million households.
http://www.singstat.gov.sg/pubn/referenc...opic11.xls
and according to the above statistics, there are 945,829 vehicles on road.(car+taxi+bus+good vehicles+...)
Can the plan work??