Skip Navigation Links
23 May 2019  (737 Views) 
[x]
Ministry of Finance


Waive GST on essential items
Nearly 100% of the people who voted in my Facebook polls do not want GST on utilities and water, and on small purchases.

I did not ask about medical bills and medicines, but I am sure that they want GST to be waived for these items as well.

But 25% still want to keep GST at 7%. I cannot understand why. It seems to be a contradiction.

Maybe they want GST on luxury goods. What are these luxury goods?

If so, why don't abolish GST (which is intended to cover everything) and just levy a tax on luxury goods?

We already levy this tax on motor vehicles (i.e. COE, ERP) and on property (land sale, development charge, stamp duty, property tax).

What else needs to be taxed? Luxury handbags and watches? OK, just levy a tax on these items - and abolish GST, together with the wasteful cost of its collection and administration.

Tan Kin Lian

Vote - should GST be abolished totally and a tax applied only for luxury items?


 


Add Comment


Add a comment

Email
Comment


QR Code