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In 2019 Thailand was #9.  I would think China will fall below Thailand since lots of people will no longer go their with their horrible government and travel warnings being issued by many countries about going there.  Same thing for Turkey.  Then again, lots of bad publicity out of Thailand this year.

It sounds to me that sales via video chat still works since that is face-to-face.  Video recording may work too.

I guess you have to start somewhere and start small.  An incredible amount more to do to improve the environment, but it is a start.

Obviously Somkiat Tangkitvanich lives in alternative universe from the rest of us or he has been smoking the bad stuff for so long it effected his ability to reason.

2 hours ago, candide said:

According to Goldman Sachs, it's even worse: the top 10% own 88% of stocks

"As of September 2019, the bottom 90 per cent owned US$4.6 trillion of equities, or 12 per cent of the total, the analysts noted."

 

And what about the top 1%?

"Three decades ago, ownership was also lopsided, but the top percentage point of Americans by wealth only controlled 46 per cent of all U.S. equities held by households. By the end of September 2019, that proportion had hit a record 56 per cent"

 

https://financialpost.com/investing/how-americas-1-came-to-dominate-stock-ownership

That is a pretty obvious conclusion.  The wealthy by definition have more money to invest.  It is no different than how much of the wealth in the US is held by the wealthy.  No surprise.  Still people from all income levels benefitted from the corporate tax cut.

2 minutes ago, placeholder said:

Try looking at US GDP per capita vs. European GDP per capita

And as for your ridiculous comment about the debate being over "the tax rate, not the effective tax rate or deductions corporations take." Really? What have you got against reality?

My original comment was Trump lowered the tax rates for corporations and I supported that, but if you want to talk effective tax rates then we can as soon as you post some data about effective tax rates across multiple countries.

11 minutes ago, placeholder said:

First off, including tiny countries and and underdeveloped and poor countries is ridiculous.

Do you see lots of corporations moving to Vanatau?

And these are nominal tax rates. Not actual effective tax rates.

US corporations use all sorts of tricks to escape taxation.

What was Amazon's effective tax rate?

"In 2018, Amazon posted income of more than $11 billion, but the company paid $0 in federal taxes. In fact, thanks to tax credits and deductions, Amazon actually received a federal tax refund of $129 million. That was a year after Amazon received a $137 million refund from the federal government for 2017"

Big Tech Companies Used Legal Loopholes to Avoid Over $100 Billion in Taxes. How Does That Affect the Industry's Future? | Fortune

 

A New Report Claims Big Tech Companies Used Legal Loopholes to Avoid Over $100 Billion in Taxes. What Does That Mean for the Industry’s Future?

Try looking at the European average.

Following the tax code is not a trick.  If you don't like how the tax code is written then change it.  Anyway, this debate was over the tax rate, not the effective tax rate or deductions corporations take.

3 minutes ago, placeholder said:

That says nothing about the total percentage owned by the lower 90%. Absolutely nothing. This is your idea of a rebuttal. It is to laugh.

By that statement, somehow none of the 55% of Americans are in the lower 90%. 

If we assume all of the top 10% own stocks doesn't that mean half of the lower 90% own stock.  

Here is some Pew Research data for our genius.

5 minutes ago, placeholder said:

Those figures include ownership of all stocks including mutual funds, pension funds, and 401K's.

And you still haven't come up with any proof to back up your assertion that the deficit would have been worse if corporations didn't get their taxes reduced. 

Nor did you address any of the problems associated with stock buybacks.

Care to try once?

From Gallup which is a lot more reputable source than your dodgy source:

WASHINGTON, D.C. -- With the stock market experiencing record volatility since the nationwide outbreak of COVID-19 in the U.S., it is fair to ask what percentage of Americans are personally exposed to the market's financial risks and windfalls.

Thus far in 2020, Gallup finds 55% of Americans reporting that they own stock, based on polls conducted in March and April. This is identical to the average 55% recorded in 2019 and similar to the average of 54% Gallup has measured since 2010.

1 hour ago, heybruce said:

You want Israel to wipe out Chinese made islands on the other side of Asia?  You are seriously detached from reality.

That way the US stays out of it and the extra bonus is it would be a sneak attack since nobody would be expecting it.  I am sure Israel has the weapons and the skills to do it.  That is the beauty of the whole idea.

2 hours ago, placeholder said:

Really? What was the actual rate that corporations were paying in the US vs. the statutory rate? And can you link to proof that lowering those tax rate actually resulted in the deficit growing less? You made the assertion, now back it up.

 

And as for bringing back jobs to the USA?

All Employees, Manufacturing (MANEMP) | FRED | St. Louis Fed

See any big change from Trump's policies? I don't.

As for stock buybacks helping investors...84% of stocks are owned by the top 10% of Americans sorted by wealth.

The Richest 10% of Americans Now Own 84% of All Stocks

The Richest 10% of Americans Now Own 84% of All Stocks | Money

 Stock buybacks are a scam. They are tied to the fact that CEO's and top executives get bonuses based on stock prices. Until the Reagan administration, stock buybacks were actually illegal because they were considered to be stock price manipulation. Which they are since the stock prices have no relation to the actual financial health of the company. What's more, as you may recall, lots of US companies did use their reserve capital to buy backs. And when the Covid 19 pandemic hit, they didn't have enough financial resources to tide them over. So they turned to the government for assistance.

Stock Buybacks Made Corporations Vulnerable. Then The Coronavirus Struck.

Stock Buybacks Made Corporations Vulnerable. Then The Coronavirus Struck. (forbes.com)

 

Trump promised that the cash returned to the USA would be used to increase business investment. Ultimately, business investment actually fell. And after the sugar high of the first year of Trump's tax cuts when GDP growth reached 2.9%, it fell in 2019 to 2.3%,  The trump administration was predicting 4% and even 5%.

Rich people own stocks.  The rest of us own mutual funds which means your argument doesn't hold any water.  Want to try again?

And this is the same country that wants to develop its own COVID vaccine.

My guess is the COVID test isn't even accurate for babies and its accuracy on babies hasn't even been tested.

I did this race about 10 years ago.  It was the hottest race in the world.  The wind would die about 11:30am and then come up at 1pm.  OMG, you just bake.  I think all week I got about 5 hours of sleep.  We partied until the wee hours of the morning and I think first gun was 5am.

Thailand is not exactly the biopharma capital of the world.  I can't think of one reason why Thailand is even trying to come up with its own vaccine.  Even if they are successful then there is the challenge of producing it and distributing it.  Who exactly is going to be available to produce this vaccine given all the producers will already be engaged with the other vaccines?

Yeah, I really want to visit Thailand now.  Post 50k Baht,14 days imprisonment, and be tracked by the government.  Where do I sign up?

This sounds like the perfect way to confuse and further rip off tourists.

Of course it doesn't affect Thai because they don't fly domestically.  haha

Governments world wide pass these bogus taxes they claim don't hurt locals, but of course it does both directly and indirectly as it pi__es off tourists.

He asks stupidly, if the government hasn't been paying the money for so many years then exactly where did the money go?  You would think it would be in the government's bank account.

I guess I am stuck buying energy transfer boxes from now on.

I'm sure this is exactly what the Chinese government want.  Go visit Thailand and don't forget to bring Covid back with you.  Oh, that is right you need to quarantine on return too.