What do you think of this picture?
Brilliant or Wacky?
I find PM lee looks good here though:)
While HK has decided to scrap their 5% GST proposal,
SG is going to add an extra 2% GST burden on us.
It suddenly prompts me to find out what are the GST/VAT rates in other countries.
Malaysia and japan-5%
Australia and korea-10%
China- 17%
Phillipines-12%
Thailand-7%
UK-17.5%
India-12.5%
Italy-20%
Denmark and Sweden-25%(Highest VAT rate that i have seen so far)

Some economists predict that our GST will reach 10% in the coming years.I hope their prediction will not come true,though it seems likely to be.

ps:Just realised there are a couple of anonymous comments ever since i switched to blogspot.Maybe i'm not too used to it,as i am very curious to know who exactly is this person who drops that particular comment. But i know i must respect people who do not want to identify themselves.究竟是谁？
ok i must" tame "my curiosity....