webfact Posted September 2, 2020 Share Posted September 2, 2020 Thailand plans new cash handouts, job measures worth $2.2 billion for economy FILE PHOTO: Reuters BANGKOK (Reuters) - Thailand plans new cash handouts and job measures worth about 68.5 billion baht ($2.2 billion) to support an economy battered by the coronavirus pandemic, a government official said on Wednesday. The government plans to give 3,000 baht for 15 million people to help boost domestic consumption, Danucha Pichayanan, a spokesman of the government’s task force, told a briefing after a meeting on stimulus measures. It also plans to help the private sector pay for new hires, estimated to cost about 23.5 billion baht, he said. ($1 = 31.20 baht) (Reporting by Kitphong Thaichareon; Writing by Orathai Sriring; Editing by Ed Davies) -- © Copyright Reuters 2020-09-02 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
Popular Post PatOngo Posted September 2, 2020 Popular Post Share Posted September 2, 2020 What % will end up in the trough? Oink Oink! 2 1 Link to comment Share on other sites More sharing options...
RichardColeman Posted September 3, 2020 Share Posted September 3, 2020 Have to say, that when this pandemic is over, most countries - including my UK - will be raising taxes to claim back all this money being used to bail people out. I have no issues believing the UK will put them up, and get the money in - all be it annoyingly to the general UK public. BUT. I have serious doubts that Thailand will be able to get back money issued now from people who do not pay tax ! 2 1 Link to comment Share on other sites More sharing options...
brain150 Posted September 3, 2020 Share Posted September 3, 2020 9 minutes ago, RichardColeman said: Have to say, that when this pandemic is over, most countries - including my UK - will be raising taxes to claim back all this money being used to bail people out. I have no issues believing the UK will put them up, and get the money in - all be it annoyingly to the general UK public. BUT. I have serious doubts that Thailand will be able to get back money issued now from people who do not pay tax ! If you break an entire world economy who is left to pay ? Link to comment Share on other sites More sharing options...
Grumpy John Posted September 3, 2020 Share Posted September 3, 2020 Don't you lads worry about a thing. The good people at Rothschild bank will be only to happy to help out. And let's not forget those wonderful people the Morgan's and Rockefellers. 1 Link to comment Share on other sites More sharing options...
sammieuk1 Posted September 3, 2020 Share Posted September 3, 2020 That's today taken care of what about tomorrow ???? Link to comment Share on other sites More sharing options...
khunPer Posted September 3, 2020 Share Posted September 3, 2020 (edited) 1 hour ago, RichardColeman said: Have to say, that when this pandemic is over, most countries - including my UK - will be raising taxes to claim back all this money being used to bail people out. I have no issues believing the UK will put them up, and get the money in - all be it annoyingly to the general UK public. BUT. I have serious doubts that Thailand will be able to get back money issued now from people who do not pay tax ! Thai VAT increase from 7 percent to 10 percent is an already approved instrument, which could increase the value added tax-income with almost 43 percent...???? Edit/addition: In that way both all us expats, and tourists, will pay a part also... Edited September 3, 2020 by khunPer Link to comment Share on other sites More sharing options...
bloodyholly Posted September 3, 2020 Share Posted September 3, 2020 Link to comment Share on other sites More sharing options...
3NUMBAS Posted September 3, 2020 Share Posted September 3, 2020 thai billionaires will have to stump up the money ,if they ever did in the 1st place .10% own half the countries wealth ,time for redistribution Link to comment Share on other sites More sharing options...
Sydebolle Posted September 3, 2020 Share Posted September 3, 2020 So the taxpayers money is used to subsidize .... the very same taxpayer minus the "administrative" expenses involved in this moving around money ???? Link to comment Share on other sites More sharing options...
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