CrazyExpat Posted May 5, 2011 Report Share Posted May 5, 2011 Deposed premier Thaksin Shinawatra, the de-facto leader of the opposition Pheu Thai Party, yesterday promised the Thai-Chinese Chamber of Commerce that if the party is elected and forms the new government, he will support the development of business owners and boost the purchasing power of workers. Thaksin spent hours listening and talking to the chamber members through an Internet video link at a Bangkok hotel. He said measures such as a low-tax regime, sovereign wealth fund, easier visa requirements for tourists and a hike in the minimum wage to Bt300 a day will be a boon to the economy and society. He vowed to make Thailand a trade and travel hub of the region, not unlike Dubai in the Middle East. He would gradually lower the income tax over two years from 30 per cent to 20 per cent, arguing that this, along with the higher minimum wage, would lead to stronger domestic purchasing power and higher value-added tax receipts through larger and larger cycles of consumption. "Today, countries with problems are those with high taxes," said Thaksin, who resides in Dubai after being convicted in Thailand. While trying to promise whatever business leaders from the chambers asked for, Thaksin mentioned his pet project - developing a city on reclaimed land somewhere on the Gulf of Thailand that would be about half the size of Phuket or 200,000 rai. For the entire story: http://www.nationmultimedia.com/2011/05/05/national/Thaksin-campaigns-for-Pheu-Thai-Party-30154613.html Link to comment Share on other sites More sharing options...
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