Dr. Atip Asvanundไทย
US Domestic Politics & Its Global Effects

Donald Trump เสนอยกเลิกภาษีเงินได้! คุณคิดว่าเป็นไปได้ไหม?

6:39YOUTUBE

Summary

Trump’s proposal is to abolish income tax and revert to customs duties as the main source of government revenue, as the US once did.

Historically this was real: both the US and Thailand once had no income tax.

Countries began levying income tax because modern state spending outgrew what tariffs could fund.

The key question is where the money would come from, since today’s budget bears no resemblance to the nineteenth century’s.

For ordinary people the effect is that the burden shifts from high earners onto the prices of goods everyone buys.

Key points

  1. It was historically real

    Both the US and Thailand once ran the state without income tax.

  2. The modern state is far larger

    Welfare, defence and infrastructure put spending on a different scale.

  3. The arithmetic fails at the start

    All customs revenue falls far short of the income tax that would be lost.

  4. The burden moves; it does not vanish

    Collected at import, the cost ends up in the price of goods.

  5. It is regressive by nature

    Lower earners pay a larger share of their income than higher earners.