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Home World Asia Pacific

GE2025: Important to make clear GST is taken from top and redistributed across population, says Shanmugam

24 April 2025
in Asia Pacific
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GE2025: Important to make clear GST is taken from top and redistributed across population, says Shanmugam
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Read a summary of this article on FAST.

SINGAPORE: Law and Home Affairs Minister K Shanmugam emphasized that the goods and services tax (GST) is primarily paid by top income earners and supports lower-income families. He addressed concerns regarding rising living costs, attributing inflation partly to external factors like the Ukraine war, and reiterated that government support offsets GST increases. Shanmugam welcomed a competitive electoral landscape with opposition parties like Red Dot United proposing a GST rollback, highlighting the importance of providing residents with choices.

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Tags: clearGE2025GSTimportantK ShanmugamNee Soon GRCPeople's Action PartypopulationredistributedShanmugamtop
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