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GST is Too Low Lah, Should Increase to 10%
04-05-2025, 04:13 PM
if Not mistaken , might be like this ....
maybe the year 2027 or 2028 they increase one more percent hike in GST that means 10 percent.....
But i doubt so. Partly if I remember they claim will not increase GST Till 2030.
Which also the next GE at the year. SO the best time they one shot increase more than 1 percent should be after 2030 GE.
maybe the year 2027 or 2028 they increase one more percent hike in GST that means 10 percent.....
But i doubt so. Partly if I remember they claim will not increase GST Till 2030.
Which also the next GE at the year. SO the best time they one shot increase more than 1 percent should be after 2030 GE.
04-05-2025, 04:18 PM
04-05-2025, 05:36 PM
Let Sg continue to rot.Â
GST rise is inevitable due to Tariff war.. Song Boh!
GST rise is inevitable due to Tariff war.. Song Boh!
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
04-05-2025, 05:48 PM
But promises from white can change anytime.
04-05-2025, 05:52 PM
To lower our healthcare,education, transportation cost.
12% GST is the reasonable point.
12% GST is the reasonable point.
04-05-2025, 06:04 PM
(04-05-2025, 05:52 PM)puntfast2 Wrote: To lower our healthcare,education, transportation cost.
12% GST is the reasonable point.
12% or 15% in the future, hard to say.🙃
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04-05-2025, 06:22 PM
(04-05-2025, 01:44 PM)lvlrsSTI Wrote: Why stop at 9%?😇😆😂
But in india got many ppl dont pay tax lah.
GST is 27% got its reason.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
04-05-2025, 06:25 PM
![[Image: IMG-4416.jpg]](https://i.ibb.co/WNYtDtH4/IMG-4416.jpg)
![[Image: IMG-4417.jpg]](https://i.ibb.co/ZzLcqBNF/IMG-4417.jpg)
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
04-05-2025, 06:27 PM
GST is a poor man tax, even the poor also need to pay tax.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
04-05-2025, 06:31 PM
https://taxsummaries.pwc.com/quick-chart...-vat-rates
We actually have quite low GST in the world, don't give the new government ideas!
We actually have quite low GST in the world, don't give the new government ideas!
04-05-2025, 06:37 PM
(04-05-2025, 06:31 PM)kopihothot Wrote: https://taxsummaries.pwc.com/quick-chart...-vat-rates
We actually have quite low GST in the world, don't give the new government ideas!
GST low doesnt mean overall tax is low.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
04-05-2025, 06:38 PM
Remember 50 percent don’t pay taxes but GST will go higher
04-05-2025, 06:59 PM
(04-05-2025, 06:37 PM)RiseofAsia Wrote: GST low doesnt mean overall tax is low.
But GST is low, and see how many claimed it is high during the election and people just believe it. And SG's income tax is also among the lows, most hardly pay anything.
The only taxes I know definitely is high is COEs and maybe sin taxes.
04-05-2025, 07:16 PM
Actually 10% is a number which is easy to calculate mentally. Hope it goes to 10% soon.
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