Tuesday, August 07, 2018

WOTC - Abolish GST

I asked this question in the Wisdom of the Crowd:

Should Singapore abolish GST?

Here are the responses:
31 % - We should abolish GST totally for maximum impact.
29 % - We should abolish GST and be more careful with infrastructure spending.
21 % - We can afford to abolish GST totally as there are sufficient revenue from land sale.
19 % - We should reduce the rate of GST to reduce the impact on the revenue.
0 % - We should keep GST at the current level so that the government can increase welfare spending.

See the pie chart at: 
http://www.wisdomofthecrowd.sg/chart.aspx?ID=784

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