The Workers’ Party said in a Facebook post on 22 June that the government’s $1.5 billion support package to help Singaporeans cushion the impact of inflation is a “step in the right direction”, but they also added that they do not support the increase in GST.
They said that they “note the $1.5 billion support package which provides some short-term relief to households, but this was also funded from better than expected fiscal outcomes.
The party added that they do not support a GST hike, but they agree that the government has to expect global inflation to broaden other areas and even to pick up further.
The WP said that “inflation continues to rise and is at a decade high, and Singaproeans are bearing the brunt of it.”
They reiterated their stance and said that they will continue to argue against the proposed GST increase in parliament, as well as for alternative forms of revenue generation such as wealth taxes or raising the reserves contribution ceiling.
Source: The Workers’ Party on Facebook