2min chapter

The Rich Roll Podcast cover image

Dan Buettner: Lessons From the World’s Happiest People

The Rich Roll Podcast

CHAPTER

The Tax Structure Is Implied Infusing the Culture With Higher Happiness

Singapore spends more an its elders than any place else in asia. If you live within a hundred meters of your aging parent, you get a tax break. The other very clever thing they do is if you want to consume imported luxuries, like swiss chocolate or electronics or jewelry, there's a high value at a tax. So disincentive is is a consumption. Consumption, by the way, the happiness value of it wears out very quickly.

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