If you had to choose just one item from your Budget wish-list, the one you want most to hear announced in Parliament on Feb 15, what would it be? And why?

WITH the proposed increases in GST and CPF rates, my concern is that costs and cost of living will be higher for companies and individuals. So my one big wish for the coming Budget is to see a cut in corporate and personal income taxes. A cut in corporate taxes will help companies stay competitive and mitigate the double-whammy increases in GST and CPF.

Also, at a time when our domestic consumption might be affected by the higher GST, a reduction in personal income tax will put more disposable income into the hands of individuals.

- Wee Piew
CEO, HG Metal Manufacturing Ltd