Like I said, why should I have to worry about the tax on that
money? What we're discussing here is the bottom-line effect of the
tax system, and to those ends I'm saying that I can spend my money
without pain. If I did want to buy another Rolex, the more telling
point is that I could buy one without worrying about it, rather
than wasting my time going into the ins and outs of tax figures
doesn't change that bottom line.
Yes, if you can spend 20 grand in Singapore, good for you - the
Singapore tax system obviously works in your favour then. On the
other hand, going back to the theme of this thread, that in no way
says that tax is a downside in Australia.
