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Leong Sze Hian and Roy Ngerng have written about the tax system in Singapore and how it compares with the Nordic countries. They found that the tax and social security/CPF that Singaporeans are paying (on top of the out-of-pocket expenditure for essentials such as healthcare, education and housing) isn't too far off what the Nordic citizens are paying, and might in fact be on par.
Watch this video to understand how Singapore's tax system is unequal and causes the poor in Singapore to be the worst off, among all the high-income countries, and how the high-income earners ironically have it best in Singapore.
Do you think such an unfair and regressive tax structure is healthy for the future of Singapore?
Leong Sze Hian and Roy Ngerng have written about the tax system in Singapore and how it compares with the Nordic countries. They found that the tax and social security/CPF that Singaporeans are paying (on top of the out-of-pocket expenditure for essentials such as healthcare, education and housing) isn't too far off what the Nordic citizens are paying, and might in fact be on par.
Watch this video to understand how Singapore's tax system is unequal and causes the poor in Singapore to be the worst off, among all the high-income countries, and how the high-income earners ironically have it best in Singapore.
Do you think such an unfair and regressive tax structure is healthy for the future of Singapore?
