Singapore Budget 2018: GST to rise to 9 per cent sometime in 2021-2025

  • D
    DarkMax
    Singapore's aging population has been predicted to cause major problems since the mid 90s. GST is not supposed to be a tool used to curb these problems.

    That said, when the economy was bad, why wasn't there a downward adjustment to our GST? Why increase it when the population's expenditures are at an all-time high?
  • S
    See Toh Hiap Seng
    I was amused when I heard the following "Live" on Channel NewsAsia :

    1) SG Hongbao from $100 to $300 for all Singaporeans age 18 and above :

    This SG Hongbao reminds me of other Hongbaos as follows :-

    Retirement Gratuity Hongbao for "special ones".

    Pension Hongbao for "special ones".

    Free Retirement Healthcare Hongbao for pensioners.

    Free Retirement Healthcare Hongbao for pensioners wives/spouses.

    2) Long-term and careful planning way ahead of retirement and old-age needs :

    Please refer to all the above Hongbaos for "special ones" only.

    3) Caring and cohesive society :

    PAP Govt ensures that it cares exclusively for "special ones" to stay "cohesive".
  • c
    censor
    For us normal citizens only “hongbao”, but for them they got big “da bao” to take back.
  • D
    David
    HK no GST better than sg
  • k
    kl
    IN FACT, IT DEPENDS ONLY ON ONE THING, YOUR NEXT ELECTION VOTE GO WHERE, MORE PEOPLE VOTE PAP, THE RISE OF GST WILL BE FASTER AND HIGHER, SO FORTH THEIR SALARY AND OTHER ALLOWANCES, IF LESSER OR NOBODY VOTE THEM, THERE WILL BE NO RISE OF GST AT ALL, YOU MAKE YOUR OWN DECISION WHETHER TO PAY MORE, LESSER OR NO GST.
  • L
    Lord Gold Serpent
    Yes that's right ! Just before General Elections start Give out goodies and smile for everyone . . . then after a couple of years they will take all that and MORE back . .
    What do you call the people who fall for this ruse ? Erm . . . anyone ?
  • t
    thethethe
    Opp Parties should state out their Singapore Budget for Y2021 as for compare towards PAP Budget. Singaporeans want to measure the difference before GE2020.
    With sure, All Singaporeans would able to sense the new way, new ideas as well new management for demand GIC/TH investment which is totally nation fund.
  • s
    siew tong
    Why our govt is only good in squeezing monies from the Singaporeans ?
  • J
    Justin
    GST poised for increase after GE 2020. LOL
  • D
    Daniel
    Confirm early General election coming next year!!!