Thursday 13 December 2018
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- 7 month ago

SG MEDIA SAYS RAISING TAX IS THE BEST WAY FORWARD!

Dear Editors I refer to the full-page article “BT Explains: Singapore’s fiscal challenge“, the editorial “GST hike is a reasonable price to pay for a stronger fiscal footing” and the letter “Raising GST is the best way to expand revenue base” (Business Times, Nov 23). I could not find a single word that talks about our $31.1 billion of Budget surpluses from 1997 to 2016 and the total Budget Cash Surplus of $190 billion (M130611 – Government Finance, Annual) from 2005 to 2014. So, is it any wonder that ou

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