It is a little surprised to me to hear that Prime
Minister Prayuth
Chan-o-cha will postpone the Land and Building tax by
giving
the reason that it will effect financial situation of
Thai people
due to the unstrong economic of the country.He denied
that
this postpone is not
from many criticism and resistance from
Thai people.
The day I wrote the article “Land and Property tax the
new
comimg act in Thailand http://myblogbenchawan.blogspot.com/2015/03/land-and-property-tax-new-coming-act-in.html?spref=fb
I absolutely believed that Primier Gen Prayuth will push
these taxes into effectiveness because I strongly
believe
that he has
strongly intended to reform Thailand.
But “certainty is uncertainty” he indefinitely postponed
the taxes on last Thursday (March 12,2015).
As we know that Thailand had carried many loss from
rice pledging scheme and caused the deficit in the
government budget.
Approved annual expenditure budget of fiscal year 2015
is 2,575,500 million baht and the budget deficit is
250,000
million baht.With hugh amount of budget deficit the
government must find a way to fullfil the deficit and it
can
not avoid to collect more taxes from Thai citizens
because
taxes are the source of revenue of government.
If Land and Building tax are postponed, I believe that
we
must face with the increasing in VAT which base on
consumption base and everybody in the tax system must
absorb it in equally amount despite of how wealty or
how poor of that person.
According to the fact that Land and Building tax are
based
on property base,it principal is rich people must pay
more
tax than the poor. If the new comimg Land and Building
tax
rate are not appropriate enough why we are not adjust
them
into a reasonable rate.
I believe that the government can calculate the optimize
rate
that reasonable for the poor to pay least while the rich
must pay more.
If we avoid Land and Building tax we must face VAT
and it is out of the frying pan into the fire.
I hope that the government can find the best solution of
the
new tax to implement which cause least effect to the
poor
and medium class of Thai citizens who are the majority
of
the country.And another question in my mind we all know
that the rich
people always avoid paying the full amount
of tax.If we do
not manage these in the right way it will
increase more economic disparities to the society and
will lead to a chain of many problems in the country.
I do not believe that the new government from the next
election can solve better solution to Thai society.Politicians
always do which what satisfied people to save the
popularity
of their own.So the problem should be solve in this
government.
I hope that with the earnest of Premier Gen Prayuth to
reform Thailand , he can lead to find the best way to
solve tax
system and the deficit of budget and Thailand can has
sustainable economic in the long run.
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