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21-08-2023, 10:06 AM
GST ensures a fair tax system: Tharman
18 February 2012, 2:43 am
DPM Tharman Shanmugaratnam explains that the Budget’s new permanent GST voucher allows people to further understand that this is a clear fair tax system. (AFP photo)
Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam said on Friday that the purpose of the Goods and Services Tax (GST) was to ensure that "the tax system is fair".
Speaking at a Channel NewsAsia forum on Friday evening with panelists from different segments, the minister explained that "most of the taxes are paid by those who are better off and the benefits are received by those less well off."
18 February 2012, 2:43 am
DPM Tharman Shanmugaratnam explains that the Budget’s new permanent GST voucher allows people to further understand that this is a clear fair tax system. (AFP photo)
Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam said on Friday that the purpose of the Goods and Services Tax (GST) was to ensure that "the tax system is fair".
Speaking at a Channel NewsAsia forum on Friday evening with panelists from different segments, the minister explained that "most of the taxes are paid by those who are better off and the benefits are received by those less well off."
