Today, I shall spend some time discussing about the budget for this year. After collating most of what I see including the TODAY newspaper and today's news at 6.30pm on Channel 8, I will make a conclusion in the worst possible scenario.
From that particular TODAY newspaper, it implies that having the offsets is better than a reduction in GST (Goods and Services Tax). But any learned person can easily say that your (the Government's) offsets is only one-time, but the GST is implemented forever. Hence it is very easy for them to "recoup" their "losses".
The news on television stated that the reserves will be replenished. By what way, I ask myself. GST, of course! It's already a well-known fact that the government plans to increase the GST to 10% in 2012. Well, all their money can be easily gotten back.
Don't you think so? Comment on this!
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