Bottom feeders only hangout with other bottom feeders in the places that bottom feeders hangout.
That would be on a few streets. Pattaya's a much larger area than bottom feeders would ever know about.
Another statement in this article caught my eye:
"Mr Pichai also proposed lowering the personal income tax from the current maximum of 35%, mirroring global trends aimed at attracting skilled workers."
This suggests to me that he has got his beady eye on all existing TEDA's. How else would he propose making up the shortfall resulting from any reduction in the 35% maximum rate - particularly given the Chulalongkorn economist's assertion that "the government's fiscal burdens have significantly increased"?
@chiang mai - incidentally, can the TRD simply vary any TEDA off their own bat? Or would this first necessitate some formal process resulting in, say, publication of revised rates in the Royal Gazette?
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