Comment by dmoy

20 hours ago

$8000 is considerably above median income, no?

Yes. Bluntly put, the government maximizes residence of high net worth individuals, and a 37% forced purchase of low interest bonds would be outrageous to them.

  • Also Singapore is reasonably good about applying paternalism mostly to the poor.

    (I say, mostly, because they still don't allow rich people to take arbitrary drugs. Unless you count getting a doctor to give you a prescription.)