Why are pensioners with low pensions in particular penalized by the new tax system for foreigners!? Does the Thai government actually believe that this will result in more tax revenue at the end of the day? There will be an exodus of expats with the result that in certain places the property market will collapse and the purchasing power of those remaining will be reduced by the amount of tax they pay! This, in turn, affects small businesses that have been hit by the poor economy, which can then pay less taxes or have to go out of business! The fact that this whole story is being treated by the government like a secret mission (little information until Zero in the media) suggests that those responsible are not convinced of their case! In any case, I say no to the state raid on my pension and say byebye Thailand!
What is your opinion?