Do you think GST hikes should be delayed further as it coincides with spikes in general prices increases due to Ukraine-Russian war?

The gst rise is unpopular amongst many, especially since inflation is rising sharply. This pushes up the prices of good further and erodes our disposable income further. While the gst hike may not seem like a good idea now, it is still necessary for sg to rebuild its monetary reserve for future rainy days like what we did for the pandemic. It is also worth noting that the govt will roll out financial schemes to help those who are struggling financially to purchase necessities.

I never like taxes. But if we all have to pay, those who have more should pay more. Rich pay even more. But there is fine balance between incentive to work and incentive to avoid taxes. Worse, cannot evade taxes. If the inflation is temporary, then no difference, If entrenched, then problem.