> Don’t get me wrong but I think that’s one of the reasons why Singapore is one of the fastest growing countries in the world.

It’s not. (Unless you have a really expansive view of “one of”.)

Whether you mean population or economy.

Fastest growing is always a BS stat.

Can you expand on that?

Fastest growing really just means newest. Take the statement "fastest growing social media service" for example. If Facebook has 3 billion subscribers and manages to get another two billion that grew 67%. If I start a new service with myself as the only member and then convince 100 of my friends and family to join it grew 10,000%. Now I am the fastest growing social media service, until someone starts a new one that is.

Sorry for being That Guy, but the word is "haven" [1], Google defines it [2] as "a place of safety or refuge".

As a Scandinavian, the idea of someone being "safe" from taxes is ... alien, to say the least. :)

[1] https://en.wikipedia.org/wiki/Tax_haven

[2] https://www.google.com/search?q=haven+dictionary

Singapore is as much of a tax heaven as Hong Kong is. When you live there, it's not.

Now if you re a chronically over spending under budgeted country and look at Singapore you're like "how can they be so rich with so little tax, they re robbing us", but that may hide a few things you could try on your side.

Does it really matter for 99% of us who are just working class people. If Singapore can be a tax heaven and the profits are distributed more in the public sector i'm all for it.

"Race to the bottom" tax policy is only really good for multinational corporations.

Its a race to the bottom sure, but if it isn't you there are many others that will deliver the Tax Haven service.

You take taxes away from other countries where the profits would be distributed - and where the actual companies operate.

The US (multiple of your states) is more a tax haven than Singapore. By far.