Simply but killing
Progressive tax rate in Thailand
We are in a country with obvious progressive wider wealth-gap
One tool to prevent a man to climb up to a better income class maybe this rate
Should it be like this .. I'm just curious 🤔
#siamstr #thainostrich
What rate do most people fall in?
Average full time employees is in first group 5%. That's suffer enough. They have to spare one month salary to pay the tax.
I'm in 25% rate... Suffer more .. need very careful tax planning.
As I share my thought.. should it be like this 🤔
That seems like a steep tax especially those making 1,000,000 bhat. That’s only 3x the upper income bound of the 5% bracket, yet 5x the tax.
How many month’s salary must be saved for tax in the 25 % bracket?
Anyway I feel your pain buddy. 🫂
