<~ Killing me Softly ~>

Singapore Creates History (1 July 2007) ~ Part 2

7% GST- Are we driving them to jump in front of trains?...

See today is the day we see a 2% rise in our goods and services tax. So everything is now at 7%.

Well...according to wikipedia (http://en.wikipedia.org/wiki/Value-added_tax) a french guy, an economist to be more precise, came up with this type of taxation on 10 April 1954...hmmm...he's probably dead by now(or at least i hope..not that i am being mean..just saving him all curses he's earning around the world targeted at the 'smart alec' that came up with it!)...why couldnt he just stick to the normal supply and demand theories and hypothesis..sigh...

See i believe that the rise in gst...is like a trigger point...each time it's triggered...we can expect a few results...(and obviously, like everything else here..it'll continue to rise. Was 3%, then 5%, now 7%)

1) More people get upset with the govt but they get quoted on national tv saying 'it's the law what can we do' ~ sounds rather pathetic actually...it's like we cant fight fate...well..either that or u pack your bags and leave..afterall..this is a democratic society...such an irony!...

2) The needy are pacified with a few carrots that are made to seem worth their votes...but when their wallets get empty again...they start wagging their tongues and after a few suicide cases on the tracks...someone will look into the problem...

I am not saying Singaporeans will kill themselves coz of the rising cost of living but i think we should not rule it out that some just cant make ends meet.I just hope that we dont see people jumping onto tracks...only to find out that they cant afford to support their families coz of the high cost of living in this place or should i say constant increasing cost of living and no-handouts policy...