Lower-income groups worry about GST hike
With the impending goods and services tax (GST) hike, Mr Tony Teng, 43, worries about his young family’s growing expenses. The ambulance driver supports his one-year-old daughter, pregnant wife and elderly parents on a $1,800 monthly salary.
Lower-income families like Mr Teng’s are among groups who could be hit hardest when the GST goes up from 7 per cent to 9 per cent some time between 2021 and 2025. The GST was last raised in 2007 from 5 per cent to 7 per cent.
Finance Minister Heng Swee Keat yesterday said the hike is to help pay for “recurrent needs”, such as security demands, healthcare for an ageing population and other social spending. To help lower-income households and seniors, he said the permanent GST Voucher scheme will be enhanced when the tax goes up.
Singapore GST Finance People
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Philip Tan 20/02/2018
All the low incomer, stand up for moving in jb or batam.
GInger Buzz 20/02/2018
What do worry ? U stupid enough to vote them in. So now u PAY N PAY ! ! ! Their salary are ten times more than yours. WAKE UP ! ! ! 😬😬😡🙃
Han Son 20/02/2018
gov must cut cost
Handsome Devil 20/02/2018
Goverment never think about the low income citizen. Making us like a slaves. Just yesterday annouce about GST ,today ciggrates increase by 10%. Goverment take this money to give us the hong bao. Using the citizen money. Never think how bad we suffer working here. chialat!!
Wu Song 22/02/2018
Now the lower income will be worse off, and many more will become homeless..lol.