Stabilizing Thailand: Tax Plan

Day 348, 01:18 • Published in Thailand Latvia • by SpeedKing

The main idea of this tax plan is to replenish the Thai treasury with slight income taxes on all markets except imported markets, and to also isolate Thai consumers with only Thai companies so Thai gold stays in the country and can be redistributed as needed at the discretion of the the government.

Item

income tax-import tax-VAT
Food
10
99
0
Gift
10
99
0
Weapon
10
99
25
Moving tickets
10
99
---50
Grain
0
-0
Diamonds
0
-0
Iron
10
99
Oil
10
99
Wood
10
99
House
10
99
10
Hospital
0
-0
0
Defense system
0
0
---0

My stance is that we must keep prices cheap for all items with no VAT so that consumers continue to buy the products, the only exceptions being weapons and moving tickets (weapons because their use is much more limited and only in a time of a defensive war we would need them, in which case we would change taxes accordingly, and moving tickets because we are losing the productivity of a citizen moving to another country and this will hopefully make up for the lost income in income taxes).

The main idea is to focus on the stabilization of our economy and rebuilding the treasury. Diamonds and grain would continue to be untaxed or taxed at minimal levels to create competition among foreign companies to sell to us since we do not have the industries here. I believe that to discourage emigration we should raise prices on moving tickets to something like 20 THB, its reasonable since people do not usually move quite often and the extra cost would be understandable.

The plan would stimulate the companies sales and thus production as well as give the resources needed to the government to purchase a hospital and a defense system in the Southern region. We would be then more equipped to defend ourselves as well as begin to subsidize companies and build gold equity.

Written by Calchas