atans1

Chiat lat! Wah lan GST going up in 2022

In Economy, Public Administration on 02/05/2021 at 5:15 am

The next GE has to be held by sometime in 2026.

I was arguimg that GST will not up until after the next GE because increasing it in 2024 or 2025 will be good politics and any earlier could tank any recovery: Double confirm, no GST rise until after next GE . Related post: Why there’ll be no GST rise until after next GE

But this by PM has me thinking that it could go up next yr or in 2023

Singapore’s economy could recover to pre-pandemic levels in 2021: PM Lee

Read more at https://www.todayonline.com/singapore/global-recession-less-protracted-initially-feared-singapores-economy-could-recover-pre

He said that the outlook has brightened considerably with
economic growth this year is likely to exceed 6%, if there’s no setback to the global economy. 

So you heard it first here, GST can go up next yr.

 


  1. chiat lat! pfizer-biontech covid-19 vaccine is not effective anymore ?

  2. Pray for 1,000 local community infections & another 3 lockdowns just like Apr-Jun 2020 — this will delay the GST increase to maybe 2027.

    But the GST will have to be 15% becoz by then govt will have spent too much of the reserves.

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