By National Solidarity Party
A blanket application of GST affects the poor more than the rich. Fortunately, the measure has rooms for refinement. But will the lazy minds of the government, too used to taking the easy way out, figure out the way to improve the scheme, or will they predictably bully their way through?
The signs are discouraging.
Second Finance Minister Tharman Shanmugaratnam dismissed the notion of GST exemption as flawed by citing the experience of “other countries” and how “it leads to all kinds of distortions.” The Minister was guilty of distortion by omitting to differentiate the plan (GST exemption) from the implementation.
Tharman further added that GST exemption would benefit the well-off who spend more on basic goods than the poor. This again was an exercise in perversion to argue the government’s case without stating the obvious truth – The poor spend a higher proportion of their income on basic goods than the rich.
Posted by persistentlypolitical 
