redwood1
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You put a big effort into this post..... But if these numbers are correct.. Taxable Income per year(Baht) Tax rate 0 – 150,000 Exempt 150,000 – 300,000 5% 300,000 – 500,000 10% 500,000 – 750,000 15% 750,000 – 1,000,000 20% 1,000,000 – 2,000,000 25% 2,000,000 – 4,000,000 30% Over 4,000,000 35% This is a stinking joke..... Just renting a very modest 17,000 baht a month condo would already put you at 204,000 baht and thats before you spend so much as one dollar on any thing else in a entire year......God forbid if you needed to eat or use electricity or visit a hospital etc... Even a Thai worker only making 500 baht a day.......500 X 365= 182,500 baht a year... So is every Thai and Farang not homeless and living on the beach going to be paying this tax? Yea right when pigs fly... If they want this tax to really work they must give out at least a 2-3 million baht exemption every year to everybody.....So they will only be catching big fish...
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Doctors send report on Thaksin’s illnesses to Corrections Department
redwood1 replied to webfact's topic in Thailand News
The Full Report Has Now Been Published But its Confidential so we can not tell you whats in it...... -
Pattaya taxi operator finds and returns 64800 Thai baht left on street
redwood1 replied to webfact's topic in Pattaya News
So Sir or Mam how much money did you lose....Well I had 64,000 baht in a plastic bag that I dropped... Ok next person... I also had 64,000 baht in a plastic bag I dropped... Ok next person I also.....had...........lol -
Of course it has never been full.....It fulfilled its main goal which was the old parks destruction......Whether the parking works or not is irreverent..
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Pattaya city plans for one-way roads trial in 2024
redwood1 replied to webfact's topic in Pattaya News
No No No No....And another No.......This whole plan is DOA......It will last 1-2-3 days The End... -
Giant Light Towers Installed on Na Jomtien Beach to Please Visitors
redwood1 replied to webfact's topic in Pattaya News
I agree 100%.... Take a good look at these lights sometime they are made out of VERY VERY heavy duty steel or some other steel like alloy...And the lights are also BIG TIME heavy duty.... I would guess that the total cost for EACH ONE of these could very well cost 2.1 million........So I think closer to 21 million for 10...Plus 50% for you know who.....So lets just call it 30 million... -
Drunk Man Survives Fall from Pattaya Hotel Balcony
redwood1 replied to webfact's topic in Pattaya News
That roofing is what saved him.....But I dont even want to think about what the roofing did to him.... -
Folks LET ME TELL YOU WHAT WILL HAPPEN.. AT 4.01 AM the first night this plan will crash and burn... Not a single person will be tested or helped home..... And by 4.02 AM this plan will be 100% forgotten...
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Really a stupid tax ?
redwood1 replied to federicoP's topic in Jobs, Economy, Banking, Business, Investments
All of these posts are only repeating the same old boring stuff that has already been talked about a million times in the long tax thread... -
One thing that is very very clear...... The huge and massive amount of work and cost that would be required to monitor and enforce this tax plan would be vastly more than the pittance they could extract from expat retirees on a pension..... Very well of ex-pats would just stay for 179 days and wire in a few million dollars then fly off to wherever.. Then come back in the new year and pay ZERO taxes....
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So let us see who is exempt (so Far) About 80-90% of Thais that dont file taxes.. The very very very rich Thais you can be sure they will exempt themselves... Anyone who stays less than 179 days.....They can import 100 million baht a year with no problem.... Anyone with a LTR visa with a strong possibility for the elite too.. Anyone who has money from before 2024 Anyone at least from the USA who lives off social security....This can not be taxed... Any Country with a double taxation agreement at least for the no double tax part..... Anyone who imports under a certain amount....
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Navy Chief Prefer Already-Ordered Submarine Rather Than Frigate
redwood1 replied to webfact's topic in Thailand News
I would say the number of laughs the subs have created makes them worth every baht.....And a sub without an engine creates even more laughter so an engineless sub has the most value.... -
Since weed became legal I have seen/smelled a grand total of ONE person on the street smoking weed.... Weed really is not all that popular legal or not.....Most weed shops I see are mostly empty most of the time....
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Yea, maybe the old....My big toe is itchy.....Well, here you go Sir a oz Thai stick should cure that......Thanks, Dr.Feelgood you are the best......