[Scythian]

Singapore only country where rising GST is good for the people.

UN Secretary General should invite PM Lee to speak @ UN Assembly especially to all African countries.

[Scythian]

Singapore only country where rising GST is good for the people.

UN Secretary General should invite PM Lee to speak @ UN Assembly especially to all African countries.

"Singapore leaders are clean and honest whereas the rest of developed countries including their leaders are lying and dishonest."

The whole world except Singapore is talking cock and bull story. 
They cheating their people.

[singlon]

This time it is like splashing petrol on razing fire.
Prices are rising. Really consumption is dat good?

[Scythian]

This time it is like splashing petrol on razing fire.
Prices are rising. Really consumption is dat good?

Who the bloody hell is lying?

There's a lot of bullshiting going around

[guffaw]

If the government can keep spending under control there is absolutely no need to raise gst...

If we close the eyes regarding the minister pay, The jewel, Gardens by the bay, million dollar rubbish bin etc..are all exuberance.

[Klesk]

cannot sustain the world highest salary if GSI is not in play

[jus4lucky]

that why if no gov, sg will be less expensive. we also no need so many minister also. all high salary.do nothing. election come faster , i want to fire them.

[guffaw]

Actually our government are doing a lot to boost the economy and industries, but please control spending...

[Scythian]

Actually our government are doing a lot to boost the economy and industries, but please control spending...

All countries across the globe are doing a lot to boost their economy and keep their citizens safe..

Their leaders salaries are lower and much cheaper and many are more efficient than Singapore.

Why they can do it and not us?

[Scythian]

All countries across the globe are doing a lot to boost their economy and keep their citizens safe..

Their leaders salaries are lower and much cheaper and many are more efficient than Singapore.

Why they can do it and not us?

They are better educated, and highly skilful than many  Singapore Ministers..

[Yin yang]

On the bright side...Good news for the nation dat we still can tax the rich, milliinaires, billionaires,, expats, coys, visitors , tourists to our shore....so many filthy rich living in orchard , welcome the govt to tax them...robbin hood! Poor including those those lazy lethargic but can work leecgers , all will b laughing to the bank !
Other poorer countries want to implement gst increases also cannot cos people r too poor , nothing to tax.

[sclim]

gst is a tax that covers all people who spend money.
those who spend more are tax more. spend less tax less. in a way this way people with ability to spend is tax more. this will covers those people who run business that is not tax. example illegal businesses, those who can claim tax relief legally etc. people who come into singapore to use the infrastructure as well.

the downside is: those people who has low ability to spend like low income group, no income depending on cpf life for retirement will feel the hit most. as there is little buffer for the increased in prices. reduce value of their same buying power.

therefore the need to and must do thing is to give back more then the tax amount to these groups of people affected by gst increased and has little buffer for the increased.

the other downside is gst causing inflation. businesses will feel increased in cost due to gst increased. this is reduced by the gst input/output tax system where only the value added part is tax. however there is still an increased. in high margin business this will become more pronounce like pure service trade and gst registered.
so causing inflation is inevitable. however businesses should be monitor so as not to over inflate prices in the gst increased. in a way this is difficult as prices of thing are already increasing and business are already increasing prices before gst increased.

so gst good or no good depends on how it is implemented.

one of the thing government can do is to look harder at reducing waste. improving efficiency. so that overall cost of government remain low relative to revenue. looking harder can be done by dividing each process into smaller details and examine if it can be removed or improve so as to reduce cost. after all big things are made up of small things. look at small things to improve big things. hope my 1 cent worth of thinking helps.

healthy, happy and good new year ahead to all my country man.

[guffaw]

gst is a tax that covers all people who spend money.
those who spend more are tax more. spend less tax less. in a way this way people with ability to spend is tax more. this will covers those people who run business that is not tax. example illegal businesses, those who can claim tax relief legally etc.  people who come into singapore to use the infrastructure as well.

the downside is: those people who has low ability to spend like low income group, no income depending on cpf life for retirement will feel the hit most. as there is little buffer for the increased in prices. reduce value of their same buying power.

therefore the need to and must do thing is to give back more then the tax amount to these groups of people affected by gst increased and has little buffer for the increased.

the other downside is gst causing inflation. businesses will feel increased in cost due to gst increased. this is reduced by the gst input/output tax system where only the value added part is tax. however there is still an increased. in high margin business this will become more pronounce like pure service trade and gst registered.
so causing inflation is inevitable. however businesses should be monitor so as not to over inflate prices in the  gst increased. in a way this is difficult as prices of thing are already increasing and business are already increasing prices before gst increased.

so gst good or no good depends on how it is implemented.

one of the thing government can do is to look harder at reducing waste. improving efficiency. so that overall cost of government remain low relative to revenue. looking harder can be done by dividing each process into smaller details and examine if it can be removed or improve so as to reduce cost. after all big things are made up of small things. look at small things to improve big things. hope my 1 cent worth of thinking helps.

healthy, happy and good new year ahead to all my country man.

Gst is actually a regressive tax.

[cityhantam]

Gst is actually a regressive tax.

Regressive tax implemented by your beloved Angmoh daddies all over the world!

I pity your parents for giving birth to a moron!

[guffaw]

Regressive tax implemented by your beloved Angmoh daddies all over the world!

I pity your parents for giving birth to a moron!

I pity your parent for giving birth to a comfort man like you. But OK la you are talents in cok sucking.

[Instinct]

Gst is actually a regressive tax.

The govt keep trying avoid taxing the rich more thru higher income tax for the rich which is a progressive tax. Revenue from GST  will be higher than income tax means the people are screwed and the rich are not tax enough. So obvy.

[Scythian]

Lawrence Wong says GST hike is fairer, greener and inclusive and can invest in people..

Can we demand Lawrence Wong to increase 3% GST every year starting 2022 please?

[guffaw]

The govt keep trying avoid taxing the rich more thru higher income tax for the rich which is a progressive tax. Revenue from GST  will be higher than income tax means the people are screwed and the rich are not tax enough. So obvy.

Agree. Currently they are looking at wealth tax. Hope they implement something.

[Ola]

PAP also said import more FTs . . .more FTs

Because FTs create jobs for locals.

But no one else in the world resonates with PAP.

[Scythian]

PAP also said import more FTs . . .more FTs

Because FTs create jobs for locals.

But no one else in the world resonates with PAP.

They BS and TCSS