MOF dismisses online claims that GST will be raised after GE. You Believe?

[makapaaa]

Only if the FAP is being kicked out from power!


http://www.todayonline.com/singapore/mof-dismisses-online-claims-gst-will-be-raised-after-ge


[h=1]MOF dismisses online claims that GST will be raised after GE[/h] Minister of Finance, Tharman Shanmugaratnam. Photo credit: Ministry of Finance









Published: 4:25 PM, August 8, 2015


SINGAPORE — The Ministry of Finance (MOF) says there is “no basis” to claims made by some online websites that the Government will raise the Goods and Services Tax (GST) after the upcoming General Election (GE).
In a post on the gov.sg website on Thursday (Aug 6), the MOF said that online chatter, which claimed that GST would be increased to 10 per cent, were “inconsistent with what the Government has recently stated”.

“In the 2015 Budget Statement in February, DPM Tharman Shanmugaratnam stated that the revenue measures the Government had already undertaken will provide sufficiently for the increased spending planned for the rest of this decade,” the MOF noted.

Among the measures is the inclusion of Temasek Holdings in the Government’s Net Investment Returns (NIR) framework from 2016, and the increase in the top marginal rates for personal income tax from Year of Assessment 2017. The statement added: “These measures came after moves in recent years to make Singapore’s property tax rates more progressive, with significantly increased tax rates for high value residential properties, offsetting reduced tax rates for lower value homes.”

GST was first introduced 21 years ago in 1994 at 3 per cent. It has remained at 7 per cent since July 2007.

 

[makapaaa]

Believe in only history and the track record!

 

[winnipegjets]

Let the PAP pass a law that GST will not be increased for 10 years and that any increase can only be made after it is decided in an election.

I bet they won't do it. Just dismiss their empty talk.

 

[aerobwala]

aiyoh, cpf was in the law but was changed subsequently, am i right ?

 

[escher]

Only if the FAP is being kicked out from power!


http://www.todayonline.com/singapore/mof-dismisses-online-claims-gst-will-be-raised-after-ge


[h=1]MOF dismisses online claims that GST will be raised after GE[/h] Minister of Finance, Tharman Shanmugaratnam. Photo credit: Ministry of Finance









Published: 4:25 PM, August 8, 2015


SINGAPORE — The Ministry of Finance (MOF) says there is “no basis” to claims made by some online websites that the Government will raise the Goods and Services Tax (GST) after the upcoming General Election (GE).
In a post on the gov.sg website on Thursday (Aug 6), the MOF said that online chatter, which claimed that GST would be increased to 10 per cent, were “inconsistent with what the Government has recently stated”.

“In the 2015 Budget Statement in February, DPM Tharman Shanmugaratnam stated that the revenue measures the Government had already undertaken will provide sufficiently for the increased spending planned for the rest of this decade,” the MOF noted.

Among the measures is the inclusion of Temasek Holdings in the Government’s Net Investment Returns (NIR) framework from 2016, and the increase in the top marginal rates for personal income tax from Year of Assessment 2017. The statement added: “These measures came after moves in recent years to make Singapore’s property tax rates more progressive, with significantly increased tax rates for high value residential properties, offsetting reduced tax rates for lower value homes.”

GST was first introduced 21 years ago in 1994 at 3 per cent. It has remained at 7 per cent since July 2007.

STOP ALL THE LIES OF THE FUCKING PAPs



HANG THE PAPs TO SEE THEM DANCE UNDER THE LAMP POSTS

The cronies do not get peanuts or they will not be cronies

http://sonofadud.com/2015/06/25/sin...new-how-much-singtels-ceo-was-really-getting/

Running Bitch Chua Sock Koong is not even an exceptional running bitch cum crony and she getting over 10 million a year.
What do the fucking PAPs pay their even more favourite cronies? Even morest than to bitch chua

How much do the fucking ministers pay themselves? More than they want to tell you.

ALL THAT FROM OUR FUCKING MONEY THAT THEY CREAM AND CUM THEMSELVES ON WHILE THEY GO LAUGHING ALL THE FUCKING WAY TO THEIR FUCKING BANKS
WHILE WE ALL STAND STUPIDLY IN FRONT OF A FUCKING FLAG TO MAKE OUR PLEDGES NOT KNOWING WE ALL HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH TO BE
FUCKED AND TIEWED AND KANNED BY THEM ALL AND THEIR CRONIES

DANGLE A PAP WITH PIANO WIRE FROM ORCHARD ROAD LAMP POST
INCLUDE THEIR RUNNING DOGS AND CRONIES
NECKLACE THEM SO THEY CAN SEE LIGHT

DO THAT BEFORE THEY KILL US ALL

 

[xingguy]

aiyoh, cpf was in the law but was changed subsequently, am i right ?

Spot on. If they are can broke their promises on CPF, affordable housing and MRT being a non-profit making entity, only a moron would still believe in their promise.

“In the 2015 Budget Statement in February, DPM Tharman Shanmugaratnam stated that the revenue measures the Government had already undertaken will provide sufficiently for the increased spending planned for the rest of this decade,” the MOF noted.

Really, for the rest of the decade.

Just last GE, Tharman says that GST would not be raised for the next five years.

[video=youtube;WoiGPKAjTHA]https://www.youtube.com/watch?v=WoiGPKAjTHA[/video]

 

[groinroot]

There are a host of other fees and charges that can go up after GE - HDB/URA car park rates, road tax, property tax, utility charges, to name a few.

 

[xingguy]

There are a host of other fees and charges that can go up after GE - HDB/URA car park rates, road tax, property tax, utility charges, to name a few.

Not forgetting that the scums in white already kaopeh that their pay has not been raised for the past three years.

 

[Confuseous]

To predict the future, review their previous promises.

Remember, lying is their acquired DNA, together with their aristocratic streak.

As one man used to tell us, thou shall repent.

 

[virus]

it has been a long time since the last time GST was raised.

the self enriching politicians must not suffer (taken from SBS bus hike, the shareholders must not suffer)

if no increase i worry

it is a privilege for sinkies to pay more GST

 

[mojito]

Didn't all you opposition cocksuckers say you want to help the poor? Turn out your pockets.