Well, tax is the main source of revenue for MOST nations. If the govt don't tax you, where are they going to have the money for the infrastructure spending?
Look at the VAT in the western countries and you come back and compare to us again
ya but must see how they tax
our system here punishes the low/middle income class a lot but helps the rich a lot
coporate tax is very low at 17%
there is no tax on capital gains and dividends
these few points help the rich a lot
GST punishes the middle income class a lot, due to their spendings
what i said above is subjective la, no right no wrong
for me, i just try to play around or be smart with the system
when make $$, dun spend in on food, entertainment or girls.... cause the GST eats it up pretty fast
got $$ invest in stocks and bonds, $$ grow $$ no need pay tax on our investments ma, that's why rich ppl like to come sg park their $$ and retire~ hope can be like them some day haha