"Wonders of the Human Mind. Unfathomable to the highest degree."
ya, i think the poor will get poorer.. there r rumors that say the additional gst is used to cover the loss incurred in foreign investment with thailand taksin's company.. which is abt 2-4 billion.. if i got the figures right.. well.. i'm not too sure, never a habit to read the newspaper.. hee.. so if anyone wants to get lenses or any accessories/dslr, do it now!!!
I went to this web and did a rough calculation and got the answer where the magic number 66.6% comes from!!!
In that website, currently as of 0626hrs, 511 voted "NO" to GST increase. Now guess what? total visitor is 1681. Did a simple math, only 30.4% voted "NO", so I assume Ok,yes or don't care is 69.6%!!!
In fact looks like more Sporean support garment's GST hike!!
WOW...not far from the 66.6% isn't it? Coincidence?
Last edited by Ryonpepper; 14th November 2006 at 06:31 PM.
This is not new and I was surprised not many have already observed it. Whenever the Government is planning to introduce an unpopular change, it will always "leak" the info out to test public reaction before implementing it formally. This is no different.
I think that the PM is very insincere when he says that there will be a 7% GST hike, and then rushes to cover his backside when Low Thia Kiang says that the package will not be enough, and he says "you haven't seen my package how you know".
Like that people no need to comment what, he can always say "Why you worry, help package haven't even come out yet". If not ready, leak out for what? Obviously as a feeler for public's reaction. If too strong, then they'll cut back, if no noise, then they'll implement. This pattern has happened so many times on so many policies they made in the past.
Last edited by vince123123; 14th November 2006 at 06:33 PM.
does anyone here still rem what was the reason given when GST was raised from 3 to 5%? if i'm not mistaken, it was during the reccession period. our PM said that it has to happen then, cos of the down turn. In order to attract corporates, they need to lower the corporate tax. the GST was raised to offset the lower corporate tax.
now the reason for the hike is becos economy is better. so good or bad economy, u get tax increase. everything else remains... we get the pinch.
If we have a surplus why do we need to increase tax for the people? It does not mean we run the country with $430M, but that after all the Billions of annual spending is accounted for, the government has $430M more income than cost. Some years the surplus is even higher. I am not saying we should be in deficit but spend some of that surplus...now.
Well, I wouldnt be suprised that the same old trick is adopted again, first announce increase from 5% to 7%, then announced the "revise plan" - increase to 6% first then eventually 7% .
Then hope for the gullible ones to feel much better about the policy.
i wonder if gov based on this......
if so.....singaporeans are so well-off .......of course they wish to milk us dry.
But I have do have friends who believe it to be true, which brings a question to my mind.
Putting aside the issue of whoever started this rumours, the fact that there is a substantial number of people who believed it, what does that tell us about the incumbent party ?