[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.