Double confirm, no GST rise until after next GE

Shumething I predicted recently: Why there’ll be no GST rise until after next GE.

Since then there’s these two headlines from last week

COVID-19 downturn to be more prolonged than past recessions, slow recovery for jobs market: MAS

S’pore’s recovery from downturn set to take 18 months, twice as long as earlier recessions: Economists

Recent headlines in the constructive, nation-building bmedia

Before these, there was what Heng said in mid October

A hike in Goods and Services Tax (GST) cannot be deferred indefinitely because it is necessary to support future needs such as preschool education and healthcare.

However, the Government will continue to study the timing of the increase in GST rate carefully. In doing so, it will take into account the pace of Singapore’s economic recovery, its revenue outlook and how much spending can be deferred without jeopardising the country’s long-term needs.

Read more at https://www.todayonline.com/singapore/gst-hike-cant-be-deferred-indefinitely-govt-will-carefully-study-timing-increase-dpm-heng

Going by the next PM’s choice of words,

Government will continue to study the timing of the increase in GST rate carefully. In doing so, it will take into account the pace of Singapore’s economic recovery, its revenue outlook and how much spending can be deferred without jeopardising the country’s long-term needs.

if there’s no V-shaped recovery, but a K-shaped recovery (What’s a K-shaped recovery? Recovery is K shaped), as is likely. there be no GST hike until after next GE. PAP doesn’t believe in suicide.

But next time GST rises, it might be up 4 points? Because

it is necessary to support future needs such as preschool education and healthcare.

PM Lawrence Wong circa 2028