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lekanwang | 2 years ago

I like the Singaporean model of benchmarking high-ranking government salaries to a percent of the pay of top earners in the country (https://www.dollarsandsense.sg/heres-much-singapores-preside..., https://www.psd.gov.sg/docs/default-source/default-document-...), and pairing that with very active anticorruption enforcement.

MPs get paid over $1M USD under this model, but it incentives are much more aligned under this model.

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kelipso|2 years ago

We're talking money in the range of $100 million and upwards that these politicians make within a few years in office. The anti corruption has to be the primary focus because the incentive to make money even with $1M salary is huge.