gst hike, good news coming our way
GST hike 'a necessary measure' 'View it as a way to grow the economic pie: Minister Teo' The GST is going to grow the economic pie. Is this how our economy is going to grow...by raising GST? Or by increasing the population size? Or by bringing in more foreign workers? Or by increasing prices of housing, I mean high end private properties? Never mind. What is important is growing the economic pie for who? Who is going to get the most out of this increase in GST and economic pie? Who is going to get all the raises and the big chunk of the raises? Obviously it must be the people down the line, the lower middle income group. These people can look forward to a brighter future and a big bonus. Each would probably get $5k to $10k going by the trend and the declared objective of the GST. How about 10% of what the President got for his raise?