Originally Posted by
johnlee
Very worrying to see high taxes. For Asians high taxes are very discouraging, especially when you see tax dollars being spent to support, among others, initiatives that give certain people reasons not to work.
Singapore system for all its issues has a pretty efficient tax regime. Relatively low on the personal income tax front (only places like HK are lower, but marginally) and the tax is focused on consumption - GST, COE, etc. If you consume more, you pay more. Up to you to decide. That is always the best