Wednesday, June 10, 2015

GST continues to be troublesome

For a long time, I have considered that GST to be a "nonsense tax". It is creating so much trouble for many people. Even today, when it has been implemented for more than two decades, there are still confusion and argument about what why it should be charged on certain items, and what is the amount that it is to be based on.
Read this letter in the Straits Times

We should recognize that it is a troublesome tax, and find other ways to get the revenue that is needed.

Here are my suggestions on how to replace GST with a better source of income for the government.
Read this article

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