taxes in singapore are 10% for everyone. there might even be a cap
so yea... MUCH more attractive.
if the US was trying to attract the job creators (ie: people with investment dollars).. they wouldn’t make it detrimental to invest here.
since they’ve been pushing everything out of the country, why wouldn’t someone either with wealth or with the means to make it... go to another country to do their work?
especially if that business is internet based
No they're not.
Singapore has a graduated rates starting at 2% and topping out at 20%. They have 8 different rates based income level. There is no cap.
The bigger advantage for Saverin is they have no taxes on capital gains or overseas income.