
17. Singapore Is Flush With Big Money
In many countries, tax laws are in place to help redistribute income between the ultra-wealthy and those of more modest means. Taxes pay for programs such as public assistance, building and maintaining infrastructure, and public schools, all of which benefit people no matter how much money they earn. While the ultra-rich usually do send their children to private schools, they still benefit from a mostly educated population.

But some countries have turned themselves into tax shelters for the rich to attract the wealthiest people in the world. Singapore is one such country. Those who earn the most money pay little to no taxes. To be in the top one percent in Singapore, you need to make $722,000 per year. But the average income in Singapore is less than that in the United States at just under $60,000.