GST, Hongkong versus Singapore's
Hongkong drops its GST plan The Hongkong govt has done its survey and knew that it could not convince the Hongkongers with the idea of GST. So they scrap it. This is Hongkong's version of democracy and govt of the people and for the people. In Singapore, the govt decides to have GST and that's it. Even the latest 2% increase, it is as good as approved. Does the view of the people matter? Does the govt need to consult the people? Do the MPs raise any objections? This is Singapore's version of democracy, govt of the people and for the people, plus govt knows best and govt will decide and the people accept. Now it is how best to cope with it.