When Bigger is Better
Monday, February 22, 2021
A tax discount for buyers of automobiles will not be effective in increasing economic growth. A comprehensive stimulus policy package is needed.
IN order for our economy to recover quickly, the government should rethink its current strategy of providing fiscal stimuli. It appears that President Joko Widodo’s policy to offer a luxury goods sales tax (PPnBM) discount for automobiles will not be sufficient to revive falling consumption, unless there are other policies that provide a better and comprehensive solution.
After a year of discussions, the government
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