Its time for the people of Europe to put on their big-boy pants and deal with Russia. Europe has a GDP of 28 trillion and Russia has a GDP of 2.0 trillion. Europeans are lame.
Some states do this in the USA. It's called a gross receipts tax.
Recent studies by Ufier (2014) and Adhikari (2015) link the abandonment of gross receipts taxes with increased production efficiency and growth in GDP per capita.
https://taxfoundation.org/research/all/state/gross-receipts-taxes-theory-and-recent-evidence/
No, Thailand is not considered a "Third World" country; it is classified as an upper-middle income economy, meaning it has made significant progress in economic development and is not considered a developing country in the traditional sense