Economists urge next government to increase VAT, not capital gains tax
WEDNESDAY, MAY 31, 2023
Three Thai leading economists have warned the newly elected government to explore alternative ways of increasing government revenue rather than by hiking the capital gains tax in order to achieve the welfare state system goal.
With hundreds of thousands of Bangkok workers having already headed back to their home provinces for Songkran, there is a silver lining for those who have opted to stay in the capital or are required to continue working through the holiday period.