As I shared in my mandarin speech, I do not deny that uncertainty is the fact of life, and yes revenues and expenditures can go up and down with the economic cycle. However, if the Government consistently collects more than it needs, and runs huge surpluses year after year, it leads one to question the wisdom of raising the tax burden on Singaporeans such as via the higher GST, and the urgency in implementing them, especially as many are struggling with high inflation rates and the cost of livin

Dance into the Lunar Year of the Horse #cny2026 #yearofthehorse #cnydance