Where did it all go wrong?

[Anonymous]

I think a government is critically needed, but instead of a wealth/capital drain every country should model their system after Hong Kong.

The one country/two systems model is completely unacceptable to Taiwanese..



They will not voluntarily give up their national sovereignty to any country, but especially one as oppressive as China.

[Zetsu]

What is that system?

Hong Kong has one of the lowest tax rates in the world where the average tax rate for the middle income class pays about 8%, while tax caps for businesses at 16%, yet it's by far one of the wealthiest governments in the world, while having one of the most efficient medical health care system in the world thanks to allow both private and public to coexist.  One of the best thing the Brits has invented for Hong Kong is theICAC (Indepedent Committee Against Corruption), it's probably the most powerful legal organization where they make sure tax payers money goes into proper use rather than politicians pockets.

[Zetsu]

I think a government is critically needed, but instead of a wealth/capital drain every country should model their system after Hong Kong.

The one country/two systems model is completely unacceptable to Taiwanese..



They will not voluntarily give up their national sovereignty to any country, but especially one as oppressive as China.

I agree too, Hkers were kinda gullible to believe in CCP and expecting them to keep their promise, but I guess we can say there's nothing they could do at that time.  I just hope Taiwan will realize PRC can never be trusted no matter what they say.

[Anonymous]

What is that system?

Hong Kong has one of the lowest tax rates in the world where the average tax rate for the middle income class pays about 8%, while tax caps for businesses at 16%, yet it's by far one of the wealthiest governments in the world, while having one of the most efficient medical health care system in the world thanks to allow both private and public to coexist.

Migration from China is destroying the middle class in Hong Kong. Singpaore is the new Hong Kong.

[Bricktop]

Singapore is a global economic powerhouse. And it's smaller than Herman's farm.

[Zetsu]

What is that system?

Hong Kong has one of the lowest tax rates in the world where the average tax rate for the middle income class pays about 8%, while tax caps for businesses at 16%, yet it's by far one of the wealthiest governments in the world, while having one of the most efficient medical health care system in the world thanks to allow both private and public to coexist.

Migration from China is destroying the middle class in Hong Kong. Singpaore is the new Hong Kong.

A lot them tend to exploit welfare and take up all the government subsidize housing while middle class HKers have to forfeit their lives to pay off their mortgage.  While their loyalty and gratitude is practically non-existent.

[Anonymous]

What is that system?

Hong Kong has one of the lowest tax rates in the world where the average tax rate for the middle income class pays about 8%, while tax caps for businesses at 16%, yet it's by far one of the wealthiest governments in the world, while having one of the most efficient medical health care system in the world thanks to allow both private and public to coexist.

Migration from China is destroying the middle class in Hong Kong. Singpaore is the new Hong Kong.

A lot them tend to exploit welfare and take up all the government subsidize housing while middle class HKers have to forfeit their lives to pay off their mortgage.  While their loyalty and gratitude is practically non-existent.

Singapore doesn't allow non residents to price locals out of the housing market like Hong Kong does.

[Bricktop]

Hell no. Simgapore is a highly regulated country and foreign ownership and investment is very rare. Especially in the property market.

[Anonymous]

Hell no. Simgapore is a highly regulated country and foreign ownership and investment is very rare. Especially in the property market.

A hell of a lot of foreign companies have their regional headquarters in Singapore. Especially in the industry I was employed in for over thirty years.

[Bricktop]

Good for employment. And the Singaporeans are extremely efficient and conscientious workers.

[Anonymous]

Good for employment. And the Singaporeans are extremely efficient and conscientious workers.

It is an easy place to be headquartered in.

[Anonymous]

Singapore is like a combination of Hong Kong and Sweden.

[Bricktop]

Because of the Chinese and snow storms?

[Anonymous]

Because of the Chinese and snow storms?

A simplified low tax system like HK and the economic freedom and transparency of Sweden.

[Bricktop]

I suspect many people living in Sweden may be less than happy at the moment.



There PM was sworn in, and had to quit a few hours later because their political system continues to fracture along ideological lines.



As many predicted, the Utopian vision of Sweden is crumbling and its dirty laundry is beginning to show.