How much do Singaporeans pay in taxes and receive in benefits?
#4

The infographic highlights how different income groups in Singapore pay taxes and receive benefits, but it has notable flaws. It lacks absolute figures, excludes indirect taxes like GST, and does not consider the high cost of living. The broad "benefits" category is undefined, and averaging data from 2020-2024 may distort long-term trends. The top 20%’s wealth may also be understated due to non-taxable income sources. As the data comes from government estimates, potential political bias exists. A more transparent analysis with absolute values, tax breakdowns, and real purchasing power insights would provide a clearer picture of Singapore’s fiscal landscape.
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How much do Singaporeans pay in taxes and receive in benefits? - by Bigiron - 28-02-2025, 04:54 PM
RE: How much do Singaporeans pay in taxes and receive in benefits? - by Bigiron - 28-02-2025, 04:57 PM
RE: How much do Singaporeans pay in taxes and receive in benefits? - by Bigiron - 28-02-2025, 04:58 PM
RE: How much do Singaporeans pay in taxes and receive in benefits? - by Bigiron - 28-02-2025, 04:59 PM
RE: How much do Singaporeans pay in taxes and receive in benefits? - by Bigiron - 28-02-2025, 05:00 PM

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