Government to reform tax to fight widening inequality

As inequality widens, the government is pushing for tax reforms to reduce the gap through coordination with other countries.

Finance Minister Sri Mulyani Indrawati said on Thursday that one of the solutions to fight inequality was improving the government’s ability to maximize tax collection from taxpayers.

The country’s tax-to-gross domestic product (GDP) ratio now stands at below 11 percent, the lowest among its regional peers, despite it being the largest economy in Southeast Asia.

Read the complete article