The recent fee hikes on water and electricity are hitting Singaporeans especially hard and in more ways than one.
Already one of the most expensive cities in the world, the price increases are making life even more burdensome and stressful for citizens here.
Water prices just went up another 15% this week. This is the second increase, the first 15% hike took place in 2017. Before these increases, the PAP already levies the Waterborne Fee and Water Conservation Tax – and a 7% GST on top of these two taxes.
These price increases are wholly unnecessary as the government collected a surplus of $10 billion in taxes in 2017 with hundreds of billions more in the reserves. Greed and the continued pay-and-pay mentality is driving these unjustified increases.
The PAP has also increased public carparks fees and ERP rates as well as added more ERP gantries in the last few years. There are also signs that bus and MRT fares will be jacked up. The GST is set to increase to 9%.
All this has a tremendous impact on Singaporeans with the struggling lower- and middle-income segments hardest hit.
Such empty promises demonstrates the utter delusion and hypocrisy of the PAP. First, how is the increase of the price of water – by an unheard of 30% – not hurt businesses? Second, how can Ms Indranee tell businesses not to increase prices if the government does it?