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Rich people can’t be bothered with Budget 2013 announcements

Rich people can’t be bothered with Budget 2013 announcements

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“None of what was announced has any bearing on me because I have liquid cash and assets.”

Too rich to care

Too rich to care

Since the Singapore Budget 2013 news and analyses began trending, low and middle income groups in Singapore have been lapping up the details to find out what’s going to affect them.

Except rich people in Singapore who are responding to the same budget announcements with a devil-may-care attitude, followed by a bit of nonchalant hand-waving.

Jeet Ba Ban, a millionaire on this sunny island set in the sea, said: “The government can raise car prices, up private property tax, increase income tax and incur more foreign worker levy. But who cares? I still got a lot of money.”

This sentiment is not unusual.

Another rich Singaporean, Huat Ka Seow, said: “None of what was announced has any bearing on me because I have liquid cash and assets.”

“The rich will always be immune to money problems.”

But it is not as if the rich are worry-free.

Tio Tua Cai, another millionaire, said: “I’m losing a bit of my appetite because I wonder if my lifestyle will be affected if my net worth falls from $3 million to $2.9 million.”