I was just speaking to a Dane today. In Denmark, he paid 72% (yes, you read correctly, seventy two) income tax last year, and they are paying other taxes like car taxes, GST, and lots of other weird taxes that their government can think of.
But then, if he becomes unemployeed, his government gives him around SGD$5-6K a month (note, that's SGD5000 - 6000, not SGD500-600)
His education is free
His medical is free
When he retires, he gets a pension from the government, so he is taken care of for life
So, should we pay more taxes or less taxes?