MP: Cut, suspend GST temporarily
Wed, Feb 04, 2009
The Straits Times

AN MP on Tuesday called for a temporary suspension of the Goods and Services Tax (GST) on essential items and a cut in rate to boost consumer spending and help shops, restaurants and the service industry to survive.

Mr Michael Palmer, MP for Pasir Ris-Punggol GRC, said the GST is seen as an additional burden by many Singaporeans and adds to their daily cost of living.

While the GST credits for each household will be doubled this year, he said the lower-income families will receive more to help them cope with likely reduction in earnings.







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