Wednesday, November 15, 2006
wishing myself and all who was born on november 15 1988, including lizah and all, a very happy 18th birthday!!! thanks everyone for their well-wishes and presents!!! love it and thanks!!!!!! *tears of happiness falling out of my eyes*
skipping today's business finance lecture to go to free access lab and slack and blog...yes, the most entry for the day, with all the quizzes...later still have make up business accounting tutorial...awww.... but anyway, today is really a special day.. going off to marina bay at night for steamboat together with my family, my bro's gf and maybe lee anne.. speaking of food, i am getting so hungry right now...my stomach growling already!! Urgh! nevermind. *ignore my stomach's growls*
gtg soon, wont say much. hopefully can update more tomorrow!!! URGH! did i mention that i have to study for taxation ica which is on this coming friday??? helppppp!! and did i mention that the GST has increased to 7%???? URGH!!!
i am not bad-mouthing or slandering the government, but seriously i dont understand the help that the increase in GST offer to the lower-income group. maybe according to the government point of view, the increase in GST will increase the high-income group expenditure and thus dragging the high-income group down to a moderate level, whereas for the low-income group, the difference in tax increase is used to help the low-income group to increase to a moderate level, thus closing the gap between the low-income group and high-income group..but honestly, i think the government forget that everything, every products, every services, contains GST, thus the increase in GST will naturally increase the prices of everything which will definitely affect the low-income group, who will be hit the worst and the most. for with the increase in price, the people from the low-income group will naturally feel less willing to spend and to buy. furthermore, all the considerations for the increase in GST is for the high-income group and low-income group. no thoughts was given to the middle-income group. seriously, if the government wishes to close up the gap, they should increase the income tax, instead of the GST. for the income tax affects the high-income group and some of the middle-income group. GST will definitely affects all Singaporeans which is even worse. but naturally all these are my point of view.
alone wif the stars above @ 10:20 amskipping today's business finance lecture to go to free access lab and slack and blog...yes, the most entry for the day, with all the quizzes...later still have make up business accounting tutorial...awww.... but anyway, today is really a special day.. going off to marina bay at night for steamboat together with my family, my bro's gf and maybe lee anne.. speaking of food, i am getting so hungry right now...my stomach growling already!! Urgh! nevermind. *ignore my stomach's growls*
gtg soon, wont say much. hopefully can update more tomorrow!!! URGH! did i mention that i have to study for taxation ica which is on this coming friday??? helppppp!! and did i mention that the GST has increased to 7%???? URGH!!!
i am not bad-mouthing or slandering the government, but seriously i dont understand the help that the increase in GST offer to the lower-income group. maybe according to the government point of view, the increase in GST will increase the high-income group expenditure and thus dragging the high-income group down to a moderate level, whereas for the low-income group, the difference in tax increase is used to help the low-income group to increase to a moderate level, thus closing the gap between the low-income group and high-income group..but honestly, i think the government forget that everything, every products, every services, contains GST, thus the increase in GST will naturally increase the prices of everything which will definitely affect the low-income group, who will be hit the worst and the most. for with the increase in price, the people from the low-income group will naturally feel less willing to spend and to buy. furthermore, all the considerations for the increase in GST is for the high-income group and low-income group. no thoughts was given to the middle-income group. seriously, if the government wishes to close up the gap, they should increase the income tax, instead of the GST. for the income tax affects the high-income group and some of the middle-income group. GST will definitely affects all Singaporeans which is even worse. but naturally all these are my point of view.