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Govt transfers, taxes keep income gap at bay

Fri, Feb 09, 2018 - 5:50 AM

Singapore's income inequality changed little in 2017 from 2016, as government transfers and taxes narrowed the gap between the rich and poor, according to a Department of Statistics (DOS) report released on Thursday.

PHOTO: ST FILE

SINGAPORE'S income inequality changed little in 2017 from 2016, as government transfers and taxes narrowed the gap between the rich and poor, according to a Department of Statistics (DOS) report released on Thursday.

The lower half of households in Singapore saw their incomes from work...

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