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Workers’ Party says it’ll “continue to argue against the GST hike”

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The Workers’ Party (WP) introduced with a collection of infographics on Wednesday (Jun 22) night that it doesn’t assist a Goods and Services Tax (GST) hike.

This comes a day after Deputy Prime Minister Lawrence Wong stated on Tuesday (Jun 21) that an upcoming enhance to the GST is not going to be delayed, regardless of rising inflation. Mr Wong additionally introduced a brand new S$1.5 billion assist package deal to assist Singaporeans with rising prices.

The GST is set to rise from 7 per cent to eight per cent in 2023, and to additional enhance to 9 per cent in 2024.

In its publish, the WP stated: “The government has announced that it will press ahead with the GST hike in 2023. The Workers’ Party has argued in Parliament against such a move at a time of heightened inflation risk and with other options for revenue generation”.

Photo: FB/ Workers’ Party

Through infographics, it added: “We note the $1.5 billion support package which provides some short-term relief to households. But this was also funded from better-than-expected fiscal outcomes”.

Photo: FB/ Workers’ Party

“The Workers’ Party does not support a GST hike. We agree with the government that ‘we must expect global inflation to broaden to other areas and even to pick up further’. Inflation continues to rise and is at a decade high, and Singaporeans are bearing the brunt of it”, the celebration added.

Photo: FB/ Workers’ Party

The WP added that they’ll proceed to argue towards the proposed GST enhance in Parliament, in addition to for various types of income technology, akin to wealth taxes or elevating the reserves contribution ceiling.

Photo: FB/ Workers’ Party

During WP Secretary-General Pritam Singh’s New Year’s Day Message 2022, he stated: “Higher prices across many basic needs have hit the headlines in the recent days, weeks and months. These include higher electricity prices, higher transport fares, and higher A&E hospital charges, amongst others, accounting for some cost pressures that are likely to become more acute going forward”.

In May, after some Anchorvale residents spoke to Jamus Lim in regards to the rising value of residing, the Workers’ Party Member of Parliament (Sengkang GRC) took to Facebook to put in writing about potential options apart from elevating salaries.

The burden of upper costs weighs particularly closely on those that reside on fastened incomes, one resident informed Assoc Prof Lim. The MP wrote on a May 15 Facebook web page that he had lined 10 flooring throughout a home go to 317D at Anchorvale and “had a significant number of engaged conversations.”

“As I always tell our residents (as well as #TeamSengkang), I do not believe in rushing through our visits, compromising the quality of feedback just to fulfill some vague target for block completion. Inevitably, this does mean that I have my work cut out for me in the months to come,” he wrote in his publish.

Jamus Lim: “I understand that our salaries simply don’t go as far in the face of ever-rising prices”

The publish Workers’ Party says it’ll “continue to argue against the GST hike” appeared first on The Independent Singapore News – Latest Breaking News


Workers’ Party says it’ll “continue to argue against the GST hike”.
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