New cost-of-living support measures, including up to S$200 cash for eligible Singaporeans and S$200 CDC vouchers (www.channelnewsasia.com)

submitted 11 months ago by [email protected] to c/[email protected]

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The measures come under an additional S$1.1 billion support package to help Singaporean households, especially lower- to middle-income ones, cope with rising costs.

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[-] [email protected] 2 points 11 months ago

It's one of the more efficient ways to redistribute wealth using GST, which is regressive in nataure.

As for this special payout, I do wonder if it's enough. GST offset is easy to calculate, but inflation is far more variable.

this post was submitted on 28 Sep 2023

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