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Inflation caused ALL prices to rise again, including Food

Wt_know

By Wt_know,
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13177

13177

Hypersonic
2 minutes ago, Atonchia said:

So shall we guess when GST will be up?

My guess is 1 April 2022

High chance after budget 2022.

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inlinesix

inlinesix

Hypersonic
4 minutes ago, Atonchia said:

So shall we guess when GST will be up?

My guess is 1 April 2022

The last increase was on 1st July.

Likely to follow that

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Atonchia

Atonchia

Supersonic
3 minutes ago, inlinesix said:

The last increase was on 1st July.

Likely to follow that

👍Better than April....

More time to adjust the increase.

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Victor68

Victor68

Turbocharged
15 hours ago, Windwaver said:

Got new aunty :grin:

51864659437_7e9f325d6b_o.gif

This is because she doesn't know the impact of GST increase. It is a chain reaction that not only when you pay for 1 single item. 10% of $1 is only 10 cents but every other purchases or expenditures are linked. 

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Nolicense

Nolicense

Turbocharged
24 minutes ago, Victor68 said:

This is because she doesn't know the impact of GST increase. It is a chain reaction that not only when you pay for 1 single item. 10% of $1 is only 10 cents but every other purchases or expenditures are linked. 

i think you mean chain rxn like a vicious chain. an importer has to charge gst to distributor, and distributor got to multiply gst again to sell to factory. and factory multiply gst again to sell to retailer. and retailer multiply gst to sell to consumer. already change hands 4 times and gst is raised to power 4.

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Jellandross

Jellandross

Supersonic
(edited)
On 2/5/2022 at 11:17 AM, Voodooman said:

Yes, i can understand why taxes need to go up but I don't agree we should use the regressive GST but that is another topic for another day.

I am just asking why now when inflation is accelerating around the world and this time, it is hitting low and middle income groups more as proportion of income spent on utilities, food, etc are higher than the high income earners.

Surely they know hiking GST will trigger another round of inflation, it is not rocket science. 

I am just questioning the timing. Why cannot delay? We didn't blink when Heng threw $100-200b in the last 2 years at Covid, we are now talking about circa $3b of revenue.  After adding land sales (mind you, these are 9 leasehold lands, it is a long term rental paid upfront), it is not a deficit lah.

Cannot delay liao. Now best time to dish out the pain. Why? The longer they delay the closer it'll be to the next GE. Peasants need some time to forget the pain from all the ass screwing. Please think like a politician.

Edited by Jellandross
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Fcw75

Fcw75

Hypersonic
41 minutes ago, Throttle2 said:

 I always know who to vote for, dont you? 😎

Yes I know.

I will cross out any party besides PAP on the ballot paper. 

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Atonchia

Atonchia

Supersonic
4 hours ago, Nolicense said:

she damn rich already... mcf sponsored. lol

Must be RC member....🤣🤣

“政府讲的一定对人民好”

Garmen say one sure good for everyone.

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