GST has been very bad for Singapore. We have been going down a slippery slope for the past three decades since the introduction of GST. During this time, the cost of doing business has increased and Singapore has become uncompetitive globally. While GST is not the only cause of this decline, as there are other factors, it does play a major part.
I blame Lee HL and Teo CH for introducing this disease to Singapore three decades ago.
Here are my reasons:
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1331
I blame Lee HL and Teo CH for introducing this disease to Singapore three decades ago.
Here are my reasons:
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1331
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