Tuesday, 22 November 2022

Singaporeans are enjoying the best in the world while paying low taxes



And this is so true. Our income taxes are among the lowest in the world and yet, we are enjoying - easily - the best in the world.


We don't have to worry about water.

Primary and secondary education is free because each child gets an annual edusave amount that can be used to pay for miscellaneous fees.

People who have gone through the public healthcare system know that it is highly subsidised and affordable.

Our publics transport is among the top in the world with fares among the lowest in developed countries. By 2030, everyone lives within 10-min of an MRT station.

Our CPF fund is among the top pension funds in the world and Singaporeans now recognise how great it is as they voluntarily top up their CPF accounts.

Our public housing is like no other in the world because the government took it upon themselves to upgrade our flats 2 times (at 30th and 60th year) to keep them in liveable conditions.

Half of working Singaporeans enjoy all this and more without paying any income tax. 80% of the other half enjoy all of this paying less than 4% income tax.

Paying among the lowest income tax in the world to enjoy (among) the best in the world. 

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