|Uh, GST is not regressive, |
'cos, er, George Yeo says so!
Just as Goh Chok Tong missed out on the definition of gerrymandering, de Souza is equally clueless about the regressive nature of GST.
Dictionary.com defines regressive tax as a tax that takes a higher percentage of low incomes than high ones. Regressivity is considered undesirable because poorer people pay a greater percentage of their income in tax than wealthier people. Sales taxes, especially on food, clothing, medicine, and other basic necessities are widely cited as examples of regressive taxes. If de Souza wants to do the right thing and get the high income earners to pay more, perhaps he should introduce a luxury tax like Indonesia's Sales Tax on Luxury Goods (Pajak Penjualan atas Barang Mewah). But, ah, that would cut too close to his income bracket.
Not only is Goh decidedly blinkered about the shady aspect of gerrymandering, he is also hopeless about running a hawker stall. Referring to Goh's analogy between a good candidate in a new area and the operator of a famous chilli crab stall, Workers' Party's Sylvia Lim had retorted, "SM Goh must be aware that he is one of the three most well known chilli crab stall operators, besides Minister Mentor Lee Kuan Yew and Prime Minister Lee Hsien Loong, operating chain stalls all over Singapore in the form of GRCs." Goh was obviously ignorant of the cardinal tenets of a successful business set up. Ask any other streetwise chill crab operator - the business is all about location, location, location! But, hey, what does he know, he didn't start the family business, he was merely babysitting for the transition from mee siam to chilli crabs. Chilli crabs mai hum, anyone?