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Isaan Northeast Thailand | Countryside | Khon Kaen | Kalasin
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5
Yes I know it has been ask many times before Christmas
I had to look that up. prezzie: a variant of pressie pressie: an informal word for present Thanks for making me learn a new word. -
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Time to change taxation?
Taxation is a morass of regulation and loopholes in most countries. Tax evasion and avoidance are a national sport, facilitated by armies of tax lawyers and accountants. Multinational companies park their profits in tax havens, using artificial loans with fiddled interest rates to minimize their tax obligations in the countries where they made the profit. The average American family paid $17,902 in federal taxes in 2021. In 2016 and 2017, Donald Trump paid $750 each year in federal taxes. Other billionaires in America do the same. Quite legally. https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax Consider the following: Every business has a profit and loss statement. Every expenditure is deducted from the income made selling goods and services. The net profit is the only component which is taxed. The business is allowed to depreciate the equipment it uses to generate income. OTOH, the average joe is taxed on the gross salary or wage he receives. He cannot deduct the cost of the food he puts on the table to feed his family. He cannot depreciate the vehicle he drives, for work or leisure. The answer IMO is revenue. Revenue cannot be hidden in tax havens, or have deductions against it. It does not have to be a big tax. A bean counter in Australia calculated a 1% tax on personal income plus company revenue would balance the federal budget. Jean Baptiste-Colbert: "The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing." -
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Thai Baht Expected to Slide to 35.50 per Dollar by 2025
If I was there I would definitely be banking some Baht. Dollar is predicted to be crazy strong for the foreseeable future. Take advantage of it if you can. -
193
Which cooking oil to use?
If you look hard enough almost everything you can eat, drink or put on your body has alledged links to cancer -
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15
My name on the chanot
You should consider getting a usufruct (สัญญาให้สิทธิเก็บกิน) which gives you permission to stay in the house, either for a specified duration, or for life. An alternative is a right of habitation, but usufruct has more extensive rights including ability to let out the house and receive the rent. Both can be done at the land office, and you will be listed on the chanote. Lots of info online if you google these terms or here in the forums. Recommend hiring a Thai lawyer to assist. -
85
Australia - The Lucky Country - On borrowed money.
More Government mismanagement. https://www.9news.com.au/national/mid-year-economic-fiscal-outlook-jim-chalmers-government-spending/98906558-6dc2-4c30-8572-2c076e4554e2 "Australia's budget is expected to spiral into deeper deficits over the next four years as government spending outweighs revenue." -
170
Who lives on 20k a month ?
Do you have any issues with the language barrier? Is some English spoken by locals in the major cities? Do you use language apps?
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