It's not convincing that this has to do with "wealthy Thais", because it was clear at the outset that the new tax rules would impact wealthy Thais, that was the point.
More likely this has to do with the changed economic landscape created by Trump's tariffs, which will greatly affect China and Thailand sees a chance to get more foreign investement from China.
So you were tax cattle back home and now you're tax buffalo in Thailand. How is this a win? You could have literally done nothing and been in the same situation as before.
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