Singapore GST to increase to 7%, announcement on 15th Feb 2007
Posted by: SerSiTiv in emoTiOns, Tak Glam Lah!Hello everyone the GST is set to go up to 7% from the 5% and the forums are flooded with displeasure from those who know about the news. A 2% increase in tax, not long after the general elections. So will the 2% increase really affect our lives?
I’m not very surprised by the move especially when we entrusted out lives to the government, of course they have done a good job in bringing up the country, we being such an insignificant small dot yet we are know in the world as a country, with our own currency, we’re so small we’re an island.
The rising cost of living in Singapore is starting to hit me, this morning traveling along our beautiful CTE to work, it cost me SGD$7 just to get from Home to Work, that’s freaking expensive IMO where in the past we used to have a SGD$4 coupon which could be used the whole day in and out of the Central Business District. Now we pay when we enter a gantry.
Everything in Singapore is getting, well almost everything, I still thank the nice aunty at Tanjong Pagar that serves her $2 Nasi Lemak diligently to us and the other $2 food stalls. But every other thing is going up and the money is going to the government. Taxes are up from the initial 3% -> 5% -> 7% (7% tentative date is 15 Feb 2006, so dun tax 1st allow us to spend money for loved ones on V-day then whack us Jiat Lat Jiat Lat). ERP on the rise, COE down so that can have more cars to tax and fine on the road.
Everything is rising except the most important thing, our pay. I do not see an increase in the amount that we’re getting, in fact some of us have to bite the bullet and get a pay cut to maintain our jobs, how to set up a family and how to plan for the future?
Policies after policies, transparent government but how transparent are they? Seriously do we even bother to probe? We just get the stats, look at them and then forget about it, we’re born to think that way. Well I hope that the people up there can hear our voices or at least try to come down to out level.




