> Singapore has low income taxes but high CPF (forced savings for retirement, health, housing, etc) requirements - 20% of gross income on top income taxes. The

> Singapore has low income taxes but high CPF (forced savings for retirement, health, housing, etc) requirements - 20% of gross income on top income taxes. The total take isn’t that low. Which, compared to western states, isn't taken away from you. It's your own private pool of money, just with a restricted use. The government is just aware, people are not great at saving for their future, so they have to be forced to do it properly. Housing is not really subsidised, it's just build and sold without markup. Singapore's healthcare is also one of the "cheapest" and most efficient in the world.