New masterpiece essay by botak gilbert goh:Why the poor will get poorer & rich will g

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New masterpiece essay by botak gilbert goh:Why the poor will get poorer & rich will g

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09-12-2017, 01:40 PM

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New masterpiece essay by botak gilbert goh:Why the poor will get poorer & rich will g

An honorable member of the Coffee Shop Has Just Posted the Following:

The government will likely raise GST next year to shore up its coffers in order to help out the poor more – that’s probably the official excuse we will hear from them.

When they raised GST to 7% almost ten years ago on 1st July 2007, the same reason was also given ie to top up the government’s budget so that they could spend more on social and welfare services.

For every percentage point increase in GST, tax revenues could go up by about S$1.5 billion and it is a tax that is difficult to...

New masterpiece essay by botak gilbert goh:Why the poor will get poorer & rich will get richer in SG

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