Using this tax calculator https://www.uobam.co.th/en/tax-calculation, with 5 M income and I use all the possible deductions/allowances - wife, 3 children, 4 parents, 1 disabled person, all the possible investments, life insurance etc. I come to a net income of 2,683,819.95 and tax to be paid 570,145.98, which is 11.4%.
A tax adviser creative more than me can easily come to 10%.
Back to the Bangkok Post article. A few quotes that's interesting:
"For example, salaried employees bear 80% of the total personal income tax burden. However, only 4 million individuals pay personal income tax, though the labour force tallies 40 million. This means only 10% of the total workforce pays income tax."
I think it's time we were grateful to the Royal Thai Police for doing an excellent job tracking down these criminals pretty quickly and apprehending them!
I am merely basing my predictions on what happened last time under Trump. Perhaps you have forgotten how his trade war with China screwed American farmers, so badly they needed massive subsidies to placate them.
IMO it will be even worse this time around, because the people Trump appoints to various positions will need only one qualification - absolute loyalty. Competence and nous are not even on the radar.
As far as Harris is concerned, Americans will probably never be adult enough to elect a female leader. The Democrats failed to learn that lesson with Clinton.
For me, I'd simply rather pay an agent. and have ZERO wait and no real possibility of getting anything wrong. If the choice was between paying an agent and being done with it or going to Immigration with my paperwork and taking the chance that they might find some problem, I'll pay the agent every time. One less thing I have to think about.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now