Showing 91 - 97 of 97
New tax plan is a real handicap
News, Soonruth Bunyamanee, Published on 04/04/2018
» As it is deliberating a land and buildings tax bill, a National Legislative Assembly (NLA) committee is also considering offering golf course operators tax breaks under the proposed law. This move, however, undermines the spirit of the legislation.
A smarter approach to taxes is needed
News, Editorial, Published on 01/04/2018
» Last week the Ministry of Finance revealed it was exploring a better way to tax people. Its plan aims to revamp the tax structure by raising the ratio of asset- and consumption-based taxes, rather than heavily relying on income tax.
SDGs require balanced power ties
News, Vitit Muntarbhorn, Published on 19/03/2018
» One of the heartening aspects of international relations in recent years was the adoption of the Sustainable Development Goals (SDGs) as a global framework for action in 2015. The aim is to attain 17 goals in the fifteen year period by 2030. There has been a great "buy-in" in that states have committed to these goals without exception.
Totalitarian push a threat to region
News, Editorial, Published on 04/03/2018
» Following the result of the recent Senate election last Sunday, Cambodia is an inch closer to becoming the absolute authoritarian state. When it holds a general election in July, that status will almost certainly be achieved since the ruling Cambodia People's Party (CPP) of Prime Minister Hun Sen has already done everything it can to bury its rival party in a political killing field.
E-commerce tax plan causing ripples across USA
News, Published on 22/02/2018
» The year 2018 begins with a rare moment of accomplishment for the Trump administration: The United States is verging on the nation's biggest overhaul of its tax code for a generation, which will radically cut taxes on profits by US multinationals that repatriate their overseas earnings back to the US.
Time to lay inequality debate to rest
News, Jason Furman, Published on 22/01/2018
» The belief that inequality hurts economic growth is gaining currency among policymakers. Some argue forcefully that high levels of inequality can make sustained growth impossible, and may even contribute to recessions. This view stands in stark contrast to the traditional view that there is a trade-off between equality and growth, and that greater inequality is a price that must be paid for higher output.
Prosperity by a grand societal compromise
News, Published on 21/12/2017
» Capitalism has been a great invention of humanity. It has enabled countless entrepreneurs to develop new products and is a major reason why we have modern advancements such as aeroplanes, cars, and mobile phones. Yet, limitless capitalism has its problems. As the French economist Thomas Piketty's influential Capitalism in the Twenty-First Century describes, over an extended period, capitalism invariably leads to ever-growing wealth among the rich at the expense of the poor, causing class cleavages. As Thailand expects to return to normal politics next year, the country must address the potential instability extreme wealth inequality produces.