Deputy Prime Minister Kittiratt Na-Ranong conceded yesterday the overhaul of the personal income tax structure would cost the state seven billion in revenue, but said the loss was acceptable.
Speaking in place of Prime Minister Yingluck Shinawatra during her weekly TV programme, the deputy premier said there was nothing to be sorry about.
"It will be in the pockets of the taxpayers. So, it is nothing to grieve over if the state will earn less. It is a matter of equity and something we should do," he said.
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