The Ideal Tax System
Day 869, 20:31
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Published in Thailand 
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by
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by Sadifa Boys
In this article I want to describe an economic system in favor to the people, employers and government.
An economic system that we live in may be less prevalent.
An existing system of socialist elements but also without leaving a capitalist.
Because in our country do not have a region of high raw material for the ideal tax for Raw Materials (Iron, Grain, diamond and Wood):
20% for VAT (Value Added Tax) and 10% for Import Tax, this is more aligned to both manufacturing and construction businesses as consumers because we do not have a high for the region's needs, I propose you to take the high regions to iron and grains such as Karnataka and Madya Pradesh
10% for income tax is more aligned to an employee who incidentally are also the people eThailand.
Non-Raw Material (Weapon, food, gift, house, hospital and defense system):
10% for VAT (Value Added Tax), is more pro-business because the sale value of their products become less expensive.
99% for Import Tax, to prevent our products from eThailand.
10% for income tax is more aligned to an employee who incidentally are also the people eThailand.
All these taxes will go into the state treasury and will be used if the congress issued to donate treasury issues into account Central Bank of Thailand
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Comments
PERTAMAX!
oh,this is for the thailand ppl 😛
Thank you for your contribution. However, you made significant mistakes:
1. There is no VAT on raw materials.
2. 99% import tax would make many products way too expensive. We do not produce every product in every quality in Thailand, because we are a small country. Some products we need to import. Our way to success is to produce mainly high quality, which offers more profit and allows higher salaries for the employees. We are competitive on the world market with these products and do not need protectionism.
Why 99% import tax on non-raw material?
Therefore, to protect manufacturing and construction in the country from bankruptcy
I own numerous Thai companies and do not have a problem selling the goods here, the protection isn't really neccesary (at least not at the moment).
If we had a 99% import tax
a) Nobody would import = No tax revenues from imports
b) As Thingol stated, for instance we do not have any q4 food companies or q5 weapons companies. Thai citizens would be unable to buy these products in Thailand if we had such high taxes
With such high taxes to lure the owners of capital in eThailand to establish and expand existing companies.
Thus will make the economy will squirm and GDP eThailand eThailand will increase following the development of companies in eThailand
In order eThailand menjad host in the country itself, it is the protection of domestic economic
We don't have enough workers to staff all of these hypothetical companies to meet all of our demands. We're better off focusing are producing high valued added goods, and buying the rest of what we need abroad imo.