If he can tell sporean that he garantee or promisd that it wont
increase in the next 5 years, then I believe him and pap.
Anyway, if we compare to other countries, we have the lowest
gst.
It's not a matter of low or high GST.
Other countries have high GST because they need to have money
for their country's pension retirement plans and social programs.
These GST revenues are required to fund these programs.
Singapore does not have any national retirement pension plan for
the people (other than the select few, no need to say who they are)
, so a high GST rate does not make too much sense.
Our retirement money is all from CPF which is technically our
own money/savings. 