Originally posted by tomsss:
eh read the today's newpaper which explains more about the GST hike first then say lah....
actually i think most of us (young ones) are just thinking about the immediate or short term situation. I mean i read about it and what the PM explained does make sense.... we are actually constantly topping up our reserve resources.... now economics less turbulant, can plan properly so this the future plan for the country to continue to thrive.
... then again, i dunno what resources he talking about
If you are saying this...why not suggest to the govt.since economy good, now charge 10% GST, Higher ERP, Higher Roadtax for the next how many years.Lets say 5years. Then after that, drop it back to 5%. So there will be a lowering which people can feel. Increasing the price of taxes etc...is not the way to solve things when you've got a bottomless pit to fill. If lets say they are looking at building $20billion in the next 5 yrs, once the target has been reached, lower it back. Look at our Powerbills, just saw CNA that fuel prices are going down. But are the tariffs etc. being decreased as the prices for fuel goes down? No right...so its going to be a never ending process of increments. Also, state owned investment companies when they do get returns from their investments, where does the money go to? Those whom make the investments with the state's reserves which is a contribution by the citizens or back to the citizens?