How Singapore Makes Money

Singapore's government demonstrates unparalleled excellence in fiscal budget management, setting a global standard for efficiency and effectiveness.

Narrated by Tom McKay
Video Edited by Iyanbriandi

Brought to you by the Behind Asian Team.

[BehindAsia]

Do you think Singapore has the world's best government? Let us know down below!

[LindaPotter-wu]

I'm glad you made this video it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love

[nulnoh]

Singapore is a corporation, citizens are shareholders.

[andrewrollout]

Actually, Personal Income Tax rates don't just go from 0 - 24%, they actually go from NEGATIVE to 24%. This is because the Workfare Income Supplement is basically a reverse-income tax, giving people money for earning a salary.

[xzxzojkeymtzxzx]

for all those complaining about the "earning money through tax" w/o watching the video -- as a middle to low income earner i pay very little tax
the govt doesn't tax you at all if you are below a certain income level (which i was when i worked part time while studying)

[leezhenghan]

I learn more about my country on youtube than in school...

[gavinlew]

Singapore is run by financial gurus. Period. 😊

[PoneTechnologies]

Now for all the unappreciative people in Singapore, would you really trade your life for the ones of people in other countries? Especially in 3rd world countries... And comparatively, if you really think the inflation and expenses are on the rise, which they are, have you seen the cost of living rise in other countries...?

[ethiehetherington]

I read somewhere that they also make their money with money laundering.

[matthewpeloso]

All the money in SG is from banking... Which involves a lot of money laundering. Manufacturing relies significantly on SG currency manipulation.

[pohmichael]

Singapore makes money ? Simple, apply GST (GOVERNMENT SUKA TAX) In malay simply means Govt like to Tax !!

[shukriramlee]

Buying ranking for the fake reputation.

[deschan]

There is nothing to brag on if Government earn money thru taxing people

[rocketsteel]

LW as PM soon. Better ramp up the viral videos by PAP IBs. The level of detail and research...LOL

[hengbin]

SGP's govt do NOT just collect "taxes, fees & fines" BUT also makes use of a portion of returns on investments which unfortunately has been miserable and or plague by LOSSES amounting to tens if not hundreds of BILLIONS. Not to mention the unpredictable nature of the mandated vaxxed policy which can result in other medical issues like CANCER, cardio-vascular diseases, stroke, dengue, syphilis (but strangely NOT other STD like gonorrhoea, chlamydia and trichomoniasis which would deplete a high amount of revenue. Just admit that Lee Hsien Loong and Ho Ching have FAILED the people than resort to such kind of propaganda..

[deschan]

Whats there to brag if earning money is thru increasing taxation from people hard-earned money !!!

[PakMisbah-fb]

Iya, kami memang akan membantu semua jenis economi, , tunggu saat yg tepat!!, , kami janji, , EVERYBADI multydimensional, , THE INISIASTION humanity of singapore& Malaisya dll...❤❤❤🎉🎉🎉🎉🎉