LHL Says no GST increase in 2015 but why now need??

PeanutButtor

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2020 covid spent too much money to house returning FT in hotel for Quarantine.
 

tank_t

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Sinkie should be glad they proposed 2% increment instead of 2022-2015=7% increment
 

coyote

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7 years ago and now, so many things have changed... We didn't know we will have covid-19 in end of year 2019... Many unfortunate ones also perished along the way... We depleted our reserve in many of the measures to mitigate the risk of covid-19...

So, what TS expects?
 

clyp1973

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Singapore is his land. You cannot and not entitled to question his majesty’s decisions.
 

fapperoo

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Guess they didn't expect to mishandle covid.

The whole world is going through but we are special need to raise GST.
 

SmallSometimesBig

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It is better to collect more taxes when you are alive. Don't know what will happen to the population when the next Covid mutation comes.
 

0o0cash0o0

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7 years ago and now, so many things have changed... We didn't know we will have covid-19 in end of year 2019... Many unfortunate ones also perished along the way... We depleted our reserve in many of the measures to mitigate the risk of covid-19...

So, what TS expects?
Increase in GST was mention in 2018, before covid.
 

fapperoo

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Rising healthcare , welfare, ageing population, green plan all unsustainable

Million dollar pay checks very sustainable
 

rathalos

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The answer is in PM Lee speech ah... LW must issue pofma to pofma his boss or else either LW is making falsehood, or pinky is making falsehood...
 

Perisher

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7 years ago and now, so many things have changed... We didn't know we will have covid-19 in end of year 2019... Many unfortunate ones also perished along the way... We depleted our reserve in many of the measures to mitigate the risk of covid-19...

So, what TS expects?
actually, a whole year even before covid strike(feb 2019), this was already announced to come...
so cannnot use Covid as excuse. Covid merely accelerate, not the main cause.

https://www.straitstimes.com/politi...-of-gst-increase-to-9-per-cent-says-heng-sweeIn a speech responding to 55 MPs who spoke over three days, Mr Heng noted the reservations that some had raised over the approach and timing of the GST hike, which was announced in last year's Budget and is slated to kick in some time between 2021 and 2025.
 

tiobanned

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got 100% confidence can raise GST to 9%, even 15% also can

Reason ?
No more WP to contest in 2025

PAP to win all constituencies back with 100% Mandate
 

tanakow

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https://mothership.sg/2018/02/pm-lee-gst-increase/
LHL himself said this during GE2015:

What will make you need to raise GST? Profligate spending and irresponsible, unsustainable plans. That is what will hurt and require you to raise taxes and GST.

Then HSK said himself in 2018

“Between 2021 to 2030, if we do not take measures early, we will not have enough revenue to meet our growing needs.”

Only 3yrs have passed between 2015 and 2018 (more like 2.5yrs since GE in sept 2015) , why such a drastic change?
Profligate spending and irresponsible, unsustainable plans. That is why need to raise taxes and GST now
 

Clearnfc

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Profligate spending and irresponsible, unsustainable plans. That is why need to raise taxes and GST now

So, can we say there is Profligate spending and irresponsible, unsustainable plans right now?? Thats why need to raise taxes and GST??
 

tanakow

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7 years ago and now, so many things have changed... We didn't know we will have covid-19 in end of year 2019... Many unfortunate ones also perished along the way... We depleted our reserve in many of the measures to mitigate the risk of covid-19...

So, what TS expects?
Is the reserve depleted as what you claimed?
 
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