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The Workers Party (WP) announced in a series of infographics Wednesday evening (22 June) that it would not support the Goods and Services Tax (GST) hike.
This is the day after Deputy Prime Minister Lawrence Wong said on Tuesday (June 21st) that future increases in GST would not be delayed despite rising inflation. Wong also announced a new S $ 1.5 billion support package to help Singaporeans raise costs.
The GST is set to rise from 7% to 8% in 2023 and to another 9% in 2024.
In its post, WP states: generation”.
Through the infographic, he added: “We’re looking at a $ 1.5 billion support package that provides short-term bailouts to households, but it’s also funded by more than expected financial results.”
“The Workers Party does not support the GST hike. We agree with the government and say,” We must expect global inflation to spread to other regions and even rise further. ” .. Inflation continues to rise, at its highest level in 10 years, and Singaporeans are at the mercy of it. “
The WP added that it would continue to oppose alternative revenue generation, including the proposed increase in GST in Congress and the increase in wealth tax and reserve contribution caps.
In a 2022 New Year’s message from Secretary-General Pritam Singh, he said: These include, among other things, higher electricity rates, higher shipping rates, and higher A & E hospital rates, explaining some cost pressures that could become even more serious in the future.
In May, after some residents of Anchorbert talked to Jamus Lim about rising living costs, Labor Party lawmaker (Sengkang GRC) went to Facebook to write about possible solutions other than raising salaries.
One resident told Associate Professor Lim that the high burden was particularly heavy on people living on fixed income. The MP wrote on its Facebook page on May 15 that it covered the 10th floor during a home visit 317D in Anchorbert and “had quite a few enthusiastic conversations.”
“I’m always a resident (and #TeamSengkang), I do not believe in rushing our visits and compromising the quality of feedback just to achieve the vague goal of block completion. Inevitably, this means I’ll cut my job in the coming months, “he wrote in his post.
Jamus Lim: “We understand that our salary isn’t too far away, even though prices continue to rise.”
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