3 ms·
Singapore is as much of a tax heaven as Hong Kong is. When you live there, it's not. Now if you re a chronically over spending under budgeted country and look
by secondaryacct 5y ago
Singapore is as much of a tax heaven as Hong Kong is. When you live there, it's not.
Now if you re a chronically over spending under budgeted country and look at Singapore you're like "how can they be so rich with so little tax, they re robbing us", but that may hide a few things you could try on your side.
- dragonelite 5y agoDoes it really matter for 99% of us who are just working class people. If Singapore can be a tax heaven and the profits are distributed more in the public sector i'm all for it.
- martneumann 5y agoYou take taxes away from other countries where the profits would be distributed - and where the actual companies operate.
- zytron3 5y ago"Race to the bottom" tax policy is only really good for multinational corporations.
- dragonelite 5y agoIts a race to the bottom sure, but if it isn't you there are many others that will deliver the Tax Haven service.