Скачать или смотреть Budget 2026 debate: Louis Chua on scrutiny of ‘fiscal marksmanship’

Singapore’s national coffers are “fuller than ever”, yet the structural burdens on the average household remain stubbornly heavy, said MP Louis Chua. Speaking in parliament on Wednesday (Feb 25), he pointed out that the persistent issue of “fiscal marksmanship” raises fundamental questions on whether the government is consistently taking more from the economy than it truly needs and the implications for the private sector. He said the sheer magnitude and regularity of these upward revisions suggest a systemic issue and asked if the urgency behind tax increases was truly justified. Mr Chua also called for better structural levers that automatically adjust to reflect the economic realities Singaporeans face, instead of handouts that may or may not be renewed.