I asked Google for countries with no personal income taxes, and it gave me the following: obviously incorrect...

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jafo

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Then I asked Open AI for a list of countries with no personal income taxes and it gave me this:

1713794591183.webp



Now, we all know that UAE "claims" no personal income taxes, but...I prefer NOT to be curmudgeonly, so I'll bite my tongue...interpret my silence.

Can we discuss and settle which countries REALLY have NO personal income taxes (without sophistry and casuistry)?

PS. I have other questions and filters, but starting with a narrow legal definition of "no personal income tax" prevents the "waters from getting muddy." 😉
 
Mmmm.... then it's a "tax"‍ relabeled as something else?

I'd like to keep them as "no personal income taxes" like⁠ Monaco or Bahamas.
 
Lots of countries‌ make a difference between income tax, and social contributions, the latter supposedly going to your‍ pension or to your unemployment benefits. However, in reality they all go to the same⁠ government pot, and then the government can waste them in whatever way it likes, so⁤ I would count social contributions and income tax as pretty equivalent. Social contributions are in⁣ practice just income tax called something different.

There is one exception though and that is⁢ Singapore. There, residents are forced to pay a percentage of earnings into a Central Provident︀ Fund (CPF) , but it goes into segregated personal accounts that the government doesnt touch,︁ and then one can start accessing the personal CPF from 55 years of age.

The CPF existed under colonial times, but Lee Kuan Yew expanded it and made it a︂ pillar of the Singaporean social security system. Basically after realising what an utter disaster the︃ western welfare systems were, disincentivising hard work, promoting lazyness and creating poverty and misery.
 
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