This is an overly simplistic view.
You need to take into account average salaries/wages (in their
currencies as well). However, this is still simplistic because
other factors like GST, petrol tax, average price of food, etc etc,
all comes into account.
Ultimately, as pointed out by M13, it's where the money went to
that counts the most.
of course it is, so is kpkb about property tax alone. that's why
I said we cannot look at one tax item in islolation and not the
whole tax system.
m13 said the higher taxes in Singapore collected go to pay for
the multi million dollars salaries of the ministers, blah blah
blah....is it not simplistic?
when taking into account of the average salaries/wages plus tax,
you also have to consider how much you pay in each place for a
simple meal, then you consider the space you have in a city vs that
in the country side, then again ... can we ever find a way
to compare the costs and benefits of living in any
two different places?
There will always be pros and cons, and not everybody is born
with silver spoon, look more at the positive sides and you will be
happier. Those losers who find fault will never be happy.
A better comparison would be to find out how much you have to
pay and what property tax and other taxes you have to pay to live
in a 5 rooms apartment of about 1000sq. in Singapore, London,
Sydney and Vancouver/Toronto, or LA?
