Indonesia should count the real cost of its mineral incentives
Every year, the Indonesian government forgoes taxes it could collect. Through tax holidays, rate cuts and exemptions, it courts investment while easing the burden on households and small businesses. Economists call this “tax expenditure” because giving up revenue is another way of spending public money. The Ministry of Finance expects it to reach 564 trillion […] The post Indonesia should count…
We haven't written up this one. Asia Times has the full story — the link below goes straight to it.
