Louis Chua questions record surplus, calls for tax reform and fertility action скачать в хорошем качестве

Louis Chua questions record surplus, calls for tax reform and fertility action

Workers’ Party MP Louis Chua questioned Singapore’s record fiscal surplus during the Budget debate in Parliament on Wednesday, 25 February 2026. Speaking in the House, Chua said the FY25 projected surplus of S$15 billion—more than double earlier estimates—raised concerns about whether the government was extracting more resources than necessary from the economy. He queried the justification for the GST hike, highlighted bracket creep in personal income tax, and called for structural tax reforms instead of one-off handouts. Chua also proposed wealth tax measures and urged bolder policies to address Singapore’s record-low fertility rate, including stronger support for working mothers.