View of Central Shopping Centre from Hong Lim Park.
'Raising GST is bad for the people'
According to Hsien Loong, raising the GST by another 2% will help the lower income Singaporeans, make their lives better and close the income gap. So raising GST cannot be bad for the people.
Singapore has found another great formula on how to improve the lives of its poorer citizens through higher taxes. I am so fascinated by it and can't wait for the secret formula to be revealed.