With inflation at an all time high and many items experiencing a price hike in 2022,, the amount collected from the current 7% gst will also increase. Any model or calculation done to ascertain that the increase in revenue from such price hike is not enough? The price hike of 2022 was before the announcement of gst hike, in anticipation. Historically, price will go up again on the first day of the new rate. We can expect a further price hike in 2023 AND 2024. The staggered plan is poorly thought out without factoring in what would happen on the ground. Go to the local coffeeshop where a cup of ice coffee increases from 1.20 to 1.50, that's MORE than 20% increase. How much would this cup cost in 2023? 2024? Coffee shop operators will never pass up an opportunity to increase the price in the face of GST increase. Looks like the government lost touch with the ground.

Now almost all the food bought from coffee shop and hawker stalls has raised price by 50cts 🤦‍♀️ GST increase has not started but food prices increased.

I wish they didn't just interview proponents of the GST hike and interviewed more researchers who oppose GST. But that's what you get when the government controls the media.

The government is just simply finding the easiest way out to implement universal GST basing on Lam Kok Sang aurgement that differentiated GST is too complex or difficult. I have lived in Australia for the past 12 years and the differentiated GST does work and not difficult. Things that are GST-free in Australia include: most basic food some education courses, course materials and related excursions or field trips some medical, health and care services some menstrual products some medical aids and appliances some medicines some childcare services some religious services and charitable activities supplies of accommodation and meals to residents of retirement villages by certain operators cars for disabled people to use, when certain requirements are met water, sewerage and drainage international transport and related matters precious metals sales through duty-free shops grants of land by government farmland international mail exports sales of businesses as going concerns some telecommunications supplies eligible emissions units. I am all for even higher GST (10 to12%) if it is properly differentiated. eg you should tax 12% GST for a Lamborghini and not tax a cent for a bus ride. If a government and its super scaled public servants that demanded the highest remunerations in the world can't solve this simple problem, maybe they should start to think of matching their pays to that of Australia policitians.

The actual calculation after 2%gst hike vs the price increase on the ground is huge disparity! A large number of hawkers even at coffeeshop up their food prices by $0.50 already. Some hawkers at Geylang Seria, even blantantly increase extra portion of plain noodles by $1.00. I am afraid the research obtained by CNA does not reflect ground situations at large and is misleading too!

The mee rebus went up by 50 cents before the GST increases even started. Its not going to be a 1% increase in daily prices that we will be seeing

My salary is 3200 , and some amount goes to my house and cpf 😂😂, with an increase in gst it's going to be tight because my wife is going to take care of our daughter ,imagine those with lower wage ? How to survive ?

Everything rise but salary is the only one not rising.

If Singapore Government just gets rid of all those unnecessary ministers and governmental servants, they can make up at least a good portion of that revenue they "need". When GST was first introduced, it was to be a inflationary fighting instrument. But over the years, all we see is it going up, never coming down.

Dont blame on the government, blame to all who voted on the PAP.

I don’t think they should use FY2021 healthcare usage for comparison. If want to show, should show at least the past 5 years.

In Malaysia you pay so many tax they can't even fix the road.. 🤣

Time to eat less, buy less, use less

thank you 61%

The government increased GST of 1% is the root cause of everything increases by at least 10%. Retailers, shops etc take full advantage of the increase in price for a 1% GST. Food is among the worse of all. Thanks to the govt for everything. The best part is the govt do not monitor why everything has increased drastically.

how come with advanced technology, things still getting more expensive?

what did steven chia say at 18:14 "if you want to make up enough in your ___ ? " sorry couldn't quite catch what he said 😅

Hawker prices don't increase by $0.20-0.30 but $0.50-$1.

you can still get 1kg raw chicken at 2 to 4dollars in singapore. all the supplier food prices are scams

If each ministers get a .02% pay cut every month.... I guess that can help also.

Long overdued

i see.

We pay 10% now and may go up.

taxes are rising but not the wages of ordinary workers 😠😠

It is 2023..... GST increase to 8% kicked in.... wanted to buy hashbrown today... realized from $2.10 became $2.50.

Wow cna insider

All these experts that Steve interviewed were merely explaining the government policy, all seem happy with the gst and no need to argue.

Will not be just 0.04, hawker increase by $0.50 to $1🤣

U seriously think a loaf of bread will be just 2 to 4cents more? Usually it's plus 50cents to even $1.. is your on ground survey truly accurate?

Fait for the existing Parliament wallet definitely. Lol. But for the low income is just getting worst... They know it does add up yet they insist.

What to do just tahan till cannot tahan lor..but can afford a plastic container find a corner sit down with a well written begging card ..that's all I can suggest.

It is not fair to increase GST during this tough time.

Peanut. We pay 10% now.

what l like about Singapore everything increase. l never ever see my sarles increase for decades.

No.

The people have no way of knowing or control on what the government does with the tax collection. Transparency isn't in the PAP's manifesto. In February 2022 we were just told that the govt will be using $900 million of tax dollars to fund the sinking Singapore Press Holdings which everyone knows is the mouthpiece for the ruling party. So who really benefits from that move? Not the ordinary people for sure because only 1 in 5 Singaporeans still buy local newspapers, and the reason is nobody trust news from SPH anymore leading to a fall in readership and advertising revenue. But our govt still needs to keep SPH afloat so as to brandish their propaganda to the public. So do you really believe GST increase is for the ordinary people? Instead of raising taxes the govt needs to trim the fat and wastage that has plagued every single ministry and stat board starting with the humongous minster salaries which is really basic housekeeping. If our govt does not curb their wasteful spending then even 10% GST will not be enough.

You have no problem you are rich

wtf this is getting more and more ridiculous ! why should consumer bear FULL ? since its gov wana tax! biz n consumer SHOULD share half or lesser for consumer !!

Honest question: what if you live in a large family with low income in a four room flat? Is the offset means tested just by flat size or household income per head? - that is, is one person earning a middle/high income living in a one room flat going to get a larger offset than a family of four living in a four room flat but who has just one earning family member?

u guys have it better we pay form 14% vat here in Botswana from 12% in before April 2021

There are many self employed people evading tax by under declaring....govt needs to find a way to investigate these ppl

The 2 year time frame from 2022-2024 tells me that the government is heavily relying on the fact that current poly students which without diploma would earn about $10/hr from a job will intern to a higher paying job. While Uni students which currently have a poly diploma/A-Levels accolade will be able to earn even more when they finish their studies. In the grand scheme of things, the govrnment is hoping that by 2024, the majority of teenagers would have went through the education system and is in a job that provides a decent living to support the student's whole family to overcome the 9 percent GST increase that would later on come fully into impact by 2024.

Prices will go up today 1 year before the hike... Folks are taking advantage of it new.

Here in India, huge GST have made many people lost their jobs e.g. automobile and textile sector. Our govt is irresponsible 🤦‍♂

rich people ok.

SG is fair but those hawkers, coffee shop and small shop owner are the most unfair.

The govt measure is only for 1 year right.... But GST will be for life. Ridiculous!!!notion to say that is a support!

So what ..7 to 9%..wow!!

It is 13% in Canada.

We have 10% gst in Australia 😊

Stait Media asks, is State GST Hike Fair? 😅🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🏳🏳🏳🏳🏳🏳🤝🤝🤝🤝👌👌👌 wer class

In Sweden we have a GST of 25%...... I would be happy if it was only 9%.

nth is fair dude

At least the money not corrupted

top 1.2% of the country will pay an additional $170 million in personal income tax. That's freaking peanuts. Talk about the rich robbing the blind..

I hope Edward either source for cheaper suppliers or be truthful to himself the real cost. If he thinks he can keep increasing the price and customers will keep coming..he will be in for a rude shock. Majority of those patrons of hawker centres are of the lower income households and certainly.cannot afford to spend $5 per plate of roast pork rice for a family of 4-5 pax per meal.

11:50 gst only increase by 1% but this stall already increased by more than 10%. Thanks for giving such business to have a valid reason to raise prices.

NIRC is also a recurring income. period

The problem is excessive welfare. cut the subsidies !

GST is to help the poor people ok?!!! get this into your brain....

l thinks everything need to increase for government benefit , our salaries go down is ok every year . work like dog n donkeys w no happiest

Our government is getting more and more expensive due to incompetency. Time to vote them out.

If mainstream media dare to say “It is NOT fair”, I am sure something is wrong. Lol.

Its for poor people to pay, and for rich people to get their refund.

is this a documentary to tell us why govt needs the GST.. useless video

A very responsible and capable s'pore govt that is always planning ahead to do the right thing for the people and country. 👍👍

Shouldn't you also talk about how it could affect income/ wealth inequality ? Oh wait, CNA is owned by the Government 🙃

Typical lah. Give you chicken wing, take back whole chicken. They farm until they retire, not their problem. You, the citizen, cannot retire.

For years always read online about wage stagnation and the increases in cost of living, Did wage growth keep up? can CNA do an investigation? I hate the argument against VAT... difficult to implement... how is that an argument...WTF. Difficult is not an argument to dont do and it implies that it is possible but not worth it, so present us the data, how much more will it cost, what are the effects of VAT on the lower and middle income strata in other countries, why is it not worth it, dont treat us like idiots who won't understand, or is it too lazy to figure it out or got other motives. Also you can have a very narrow range of what is considered essential to be free of GST like rice, veg, water bills for HDB these three will do. then just offset rent and public transport with other schemes like what we have been doing so far based on income tax is good enough. Covers shelter, food, water and transport which will help all singaporeans and especially the lower income people immediately. Low income covered by schemes, higher income can cover themselves, how about those middle income with less schemes to help and are struggling.

why my grandparents time no all this rubbish GST????

this stupid boss buy all expensive ingredients to cook

I am not willing to pay more GSt just to finance the elederly healthcare which is none of my business.