Originally posted by walesa:
I get your point, but the fact remains hawkers (which just about
cover most since only a select handful would actually yield
revenues of $1 million per annum), despite having to shoulder
higher operation costs from their suppliers, are not
[b]legitimately allowed
to use GST as the de-facto reason for the price increase.
Addressing the point someone mentioned earlier, it's precisely
practices like these which makes it impossible for anyone to
effectively clamp down on GST-related profiteering
practises...
Of course, there're a billion ways to get round that loophole if
they want to increase the prices - for a start, they could just
give the excuse of an increase in operation costs or they could
very well not give a reason at all.[/b]
and the govt is NOT helping by increasing the GST.
in the 1st place, why increase GST, when revenues are still healthy
and huge?
I hate their statement 'Its better to increase in good times than
in bad times'
The precise STUPID excuse they gave to retrench people in good
times than in bad times, resulting in total loss of loyalty of
companies, and making the society an even colder place to leave
it.
