Money Mind

General Category => The Common Lounge => Topic started by: Imboredtodeath on Feb 04, 2024, 09:53 PM

Title: Do you feel that the 8% and 9% GST are badly planned?
Post by: Imboredtodeath on Feb 04, 2024, 09:53 PM
Now businesses can raise prices twice. Then inflation still high and costs of living crazy. Then now so many retrenchments... hais
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Bardiel on Feb 05, 2024, 08:14 AM
my tots are.

govt test water. 1 percent u ppl make noise anot

so from 7 to 8. govt don see ppl feel the pinch or make any noise.

thus the way to 9 with no uturn policy in mind
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: 氰化钾 KCN on Feb 06, 2024, 07:31 AM
Even if make noise, they will care meh
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Tony.Manero on Feb 06, 2024, 03:27 PM
Wondering why they didn't go for a round number 10%. Enough mybfd kind to allow them to do so.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Imboredtodeath on Feb 07, 2024, 12:27 AM
Quote from: Tony.Manero on Feb 06, 2024, 03:27 PMWondering why they didn't go for a round number 10%. Enough mybfd kind to allow them to do so.
agree... here no like post... haha see if got any mods to add

but this skin seems better hor, but havent fix the header

enjoy while things last
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Imboredtodeath on Feb 07, 2024, 07:28 AM
Quote from: PP the FORTUNE God on Feb 06, 2024, 07:31 AMEven if make noise, they will care meh
hais i just feel 9% not here not there
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ABCDFinanceGuy on Feb 07, 2024, 08:40 PM
When has any GST hike been well planned?

No one asked for the GST hike but the government hikes anyway, as they don't care about Sinkies opinions.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ABCDFinanceGuy on Feb 07, 2024, 08:42 PM
Quote from: default on Feb 07, 2024, 12:27 AMagree... here no like post... haha see if got any mods to add

but this skin seems better hor, but havent fix the header

enjoy while things last

Yeah the skin is much better. I was surprised when I came into this website thinking it was the wrong forum lol.

As for the mods part, you want moderators to be part of this forum also ah? Must make sure this site doesn't become another EDMW lol.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Risa on Feb 09, 2024, 07:49 AM
61-87% of the population are daft and hopeless

Smoothening the increase in GST only makes prices increase even further

I thought our reserves gao gao and last year one of the biggest purchasers of gold, how come need to up GST ?

Why dont they tax foreigners more heavily instead ? So many of them earn SGD but dont even spend in SG !
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Imboredtodeath on Feb 09, 2024, 04:08 PM
suspect this yr is GE coz LW say going to announce good things

suspect got some special package to help people get through and also those retrenched...
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ABCDFinanceGuy on Feb 10, 2024, 12:06 AM
Quote from: default on Feb 09, 2024, 04:08 PMsuspect this yr is GE coz LW say going to announce good things

suspect got some special package to help people get through and also those retrenched...

Well hopefully they have a GE this year when public dissent for the government is at an all-time high thanks to the scandals and SimplyGo, then maybe my GRC can go to WP.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Chao seng on Feb 13, 2024, 11:03 AM
(https://i.postimg.cc/N0xNVQkh/OIG-C9dskx-OURBz-Oh7-Ksx7.jpg)


CheerS!!!;)
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Risa on Feb 14, 2024, 03:04 PM
vote for change, vote pap out
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: 氰化钾 KCN on Feb 14, 2024, 03:57 PM
Say no to ownself check ownself
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Imboredtodeath on Feb 14, 2024, 03:58 PM
Quote from: ABCDFinanceGuy on Feb 07, 2024, 08:42 PMYeah the skin is much better. I was surprised when I came into this website thinking it was the wrong forum lol.

As for the mods part, you want moderators to be part of this forum also ah? Must make sure this site doesn't become another EDMW lol.
i think for the immediate term dont need much policing nor moderation tbh.

Coz its less than 100 people for now. Roughly 30 only?
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Imboredtodeath on Feb 14, 2024, 04:00 PM
Quote from: ABCDFinanceGuy on Feb 10, 2024, 12:06 AMWell hopefully they have a GE this year when public dissent for the government is at an all-time high thanks to the scandals and SimplyGo, then maybe my GRC can go to WP.
not sure when they will view ground as sweet. My bet is either towards end of year. Or early next year... since no other timing left. Next mid yr? Like too near to ndp 2025
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ABCDFinanceGuy on Feb 14, 2024, 08:28 PM
Quote from: default on Feb 14, 2024, 03:58 PMi think for the immediate term dont need much policing nor moderation tbh.

Coz its less than 100 people for now. Roughly 30 only?

ya true that. Not many people posting here.

Maybe when got more than 100 liao then you consider having some mods here bah.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ABCDFinanceGuy on Feb 14, 2024, 08:28 PM
Quote from: default on Feb 14, 2024, 04:00 PMnot sure when they will view ground as sweet. My bet is either towards end of year. Or early next year... since no other timing left. Next mid yr? Like too near to ndp 2025

I wish i knew the answer to this lol. I don't even know what the government is thinking.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ace on Feb 26, 2024, 08:45 PM
It's to help the poors
which poors?
those that become poor after the GST was raised.

(https://i.imgur.com/VxNYucA.jpg)
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ace on Feb 26, 2024, 09:17 PM
They planned it well
and didn't care what the people think.

(https://i.imgur.com/gId4Asb.jpg)
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Imboredtodeath on Feb 26, 2024, 09:53 PM
seems like a lot of people say badly planned and more needs to be done to help even middle and lower class

but at the same time will this even translate into lost votes or are sinkies doomed to be boiled frogs?
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ABCDFinanceGuy on Feb 28, 2024, 11:09 AM
Quote from: default on Feb 26, 2024, 09:53 PMseems like a lot of people say badly planned and more needs to be done to help even middle and lower class

but at the same time will this even translate into lost votes or are sinkies doomed to be boiled frogs?

Half of me thinks that Sinkies are slowly waking up because of PAP losing a GRC in the previous GE.

But the other half thinks that we are hopeless, since majority voted for Ong Lai. I am still hoping that the recent scandals of the PAP will make them lose 1 or 2 more GRCs in the next GE.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: kyang69 on Feb 28, 2024, 09:53 PM
It is bloody unnecessary to begin with, all the GLCs are posting profits and those corporations like NTUC all huat ka buay lun chu, why need to raise GST?
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Bardiel on Feb 28, 2024, 10:08 PM
knn.

BCM now from 4.50 become 5 dollar

chicken rice 4 become 4.50. some even 5 dollar

tmd fxxk this gst.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ABCDFinanceGuy on Feb 29, 2024, 09:56 AM
Quote from: Bardiel on Feb 28, 2024, 10:08 PMknn.

BCM now from 4.50 become 5 dollar

chicken rice 4 become 4.50. some even 5 dollar

tmd fxxk this gst.

Too bad Sinkie salaries never increase by more than 10%
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Philipkee on Mar 01, 2024, 05:36 AM
I think the govt is also worried.  If it increase the GST too much that it restricts spending, it won't help at all so they do things gradually.

Cos if GST goes up, the only way this leads to increased revenue is spending remains the same or increase.  If people cut spending as a result, the GST collection might remain the same and now businesses suffer from less business
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: ABCDFinanceGuy on Mar 01, 2024, 12:36 PM
Quote from: Philipkee on Mar 01, 2024, 05:36 AMI think the govt is also worried.  If it increase the GST too much that it restricts spending, it won't help at all so they do things gradually.

Cos if GST goes up, the only way this leads to increased revenue is spending remains the same or increase.  If people cut spending as a result, the GST collection might remain the same and now businesses suffer from less business

Then it makes sense NOT to increase GST.
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Chao seng on Mar 01, 2024, 12:38 PM
Quote from: ABCDFinanceGuy on Mar 01, 2024, 12:36 PMThen it makes sense NOT to increase GST.
When it comes to money, it's all about CENTS instead of sense for them..


CheerS!!!;)
Title: Re: Do you feel that the 8% and 9% GST are badly planned?
Post by: Philipkee on Mar 01, 2024, 12:54 PM
Quote from: ABCDFinanceGuy on Mar 01, 2024, 12:36 PMThen it makes sense NOT to increase GST.
Not necessarily if they assume spending habits will remain the same even if GST increases
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