[skywal_l]

That and the tax heaven.

/s

[unwind]

Sorry for being That Guy, but the word is "haven" [1], Google defines it [2] as "a place of safety or refuge".

As a Scandinavian, the idea of someone being "safe" from taxes is ... alien, to say the least. :)

[1] https://en.wikipedia.org/wiki/Tax_haven

[2] https://www.google.com/search?q=haven+dictionary

[secondaryacct]

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]

Does 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.

[zytron3]

"Race to the bottom" tax policy is only really good for multinational corporations.

[dragonelite]

Its a race to the bottom sure, but if it isn't you there are many others that will deliver the Tax Haven service.

[martneumann]

You take taxes away from other countries where the profits would be distributed - and where the actual companies operate.

[markdown]

The US (multiple of your states) is more a tax haven than Singapore. By far.