Extremely Wealthy
Indonesia targets its crazy rich Asians with 35% income tax in bid to heal coronavirus-hit economy
In a bid to boost government coffers decimated by the coronavirus pandemic, Indonesia is considering a sweeping tax overhaul that would add value-added tax (VAT) to foodstuffs, education and health care, hike rates for high-net-worth individuals and put major carbon emitters in the firing line. Indonesian President Joko Widodo asked…
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