Workers' Party unable to support GST hike for now: Pritam Singh
Staff Writer, Singapore
Yahoo News Singapore
27 February 2018
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You said "WITH YOU, FOR YOU, FOR SINGAPORE". Water hike, electricity hike, wage stagnant, jobs non existent for years for mature workers, now gst hike *boo hoo hoo hoo hoo*. Feel so squeezed until cannot breathe at times...
Objecting to the government's budget requires WP to offer alternative source of revenue to meet the proposed expenditures.
Drawing down the country's reserves (the nation's savings for rainy days) is a "no-no" and should only be done in real disastrous "life or death" situation.
This national savings are accumulated over the past 50 years by the frugal practices of the pioneers generation and must not be fritter away by irresponsible withdrawals.
However these assets appear not being prudently managed at the moment with unconfirmed report of huge losses.
WP should query these reported losses in Parliament instead of eyeing on the spending of the reserves to meet expenditures.
Earnings such as dividends from these assets can be considered for use but not the principal investments.
A more successful investments can therefore generate more income to cover the budget expenditures.
This is more important for WP to follow up.
I don't support for the hike in GST and water either. When we talk about uniform increased in tariff, the poor and underprivileged will definitely lose out! Same goods and services, the rich pays the same tax rate as the poor like school fees, public medical treatment and utilities bill so how to justify?
One can argue that bursary and scholarship can be awarded to offset the hike in school fee; one month conservancy charges waive off and etc. However the rich are eligible for scholarships as well; they can spend their money overseas and even on internet purchase, so who suffers in the end?!
I do agreed to GST hike, however, the government keep saying we will return GST return to the people. But, the returned is peanut, unable to cover the amount we paid. Every single thing is being taxed. Even when they is a miscarriage. What a pity.
I don't see the logic that despite a surplus of $9.6 billion and giving every Singaporeans between $100 to $300, the Finance Minister is looking forward to hike GST by 2% to 9% after the 2021 election. Rather the Minister keeps the $100-$300 and not jack-up the GST in future. It does not make sense to intend to increase GST down the road when you don't even know whether we have surplus or deficit. Can the Finance Minister forecast whether we have deficit or surplus for 2018 balance sheet.?
Very well said WP! How to tell us you want to raise GST....in a few years time....when TODAY....NOW.....
- we have surplus last year....BETTER THAN EXPECTED.
- Reserve??.....cannot use. But we don't even know HOW MUCH WE HAVE OR LEFT.....just say cannot use??
- raise GST....when?...don't know.....how much?.....don't know....only know want to raise...
meanwhile....allocate funds for infrastructure for Rails connecting to Malaysia ...FOR WHAT??.....regular citizens don't use it every month
...allocate funds for airport 5 ....for WHAT??......local citizens don't fly every month!!
....So....why should citizens be paying more GST especially when people have LOST JOBS....meanwhile.... our children are TAKING LONGER TIME to pay for their own HDB Flats.
Please don't tell us the funds is to support elderly citizens........because they VOTED FOR YOU FOR 5 DECADES......the so call talented government should have BUDGETTED for an aging population. If you cannot even calculate....20 years old will be 60 in 40 years' time......HOW TO CONTINUE TO MANAGE OUR RESERVE and country.......sigh......
Not only WP we Singaporean also unable to support the recent announcement of a planned increase of GST.
We need to know how GST money r well used by the gunman of Singapore.
GST hike will be key issues in the budget debate. PaP MP, said they will talk about this and that, none said they will ask why the need to increase GST, and propose cut to the ministers pay.
That's why I vote WP they have more common sense and they know hardship of our low income fellow citizen.
Recently, Having a chance to chat with a few youngster .
They are just graduated from Uni where still looking for a suitable jobs.
They told me that they grow up here in Singapore, serve SAF for protecting our Singapore even protecting foreigners where they are here. But, looking for our own Singapore's job and was interviewed by foreigner interviewer.
OMG, They keep asking " Where is my Singapore "
Does my Singapore already " Acquisition by foreigners "
And my answer to them : Our Singapore have to depend on you youngster, PAP can't change for a young country for you, You can only change it with all your young citizens.
Just do it with all your Young Peoples Power Force coming GE.
You youngster can never lost anythings as if the next 5 years Opp can't do it best. You guys can change too.
By voting PAP out towards as Opp Party, At least they PAP will work harder and sense the Arrogant YAYAPAPAYA will not work, For sure they will change and change it better to compete for following GE.
You youngster call for the shot, You are the Bosses, Not PAP
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