No because in other similar countries like the example I gave of mine, that money is taxed and goes to another person. There is no opportunity cost.
In Singapore it's 'taxed' and earmarked to you, and then generates a very modest ROI. Yes there is an opportunity cost versus a place like Dubai that has 0% tax. But not compared to a similar welfare state that puts a 40% tax and you lose that money forever.
There is a curious case of Thailand that decided to go ahead with the high speed train project, but refused the funding. Knowing the mood out there a bit, it seems they know what to expect.
>Also, when applying for a loan, being a sex offender shouldn’t matter. When applying for a mortgage across the street from an elementary school, it should.
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