I would like to respond to an opinion piece by A Bruneian on ‘Exit tax to encourage Bruneians to buy locally’ published in the Bulletin on June 24.
I wholeheartedly agree with the writer’s view that ‘since the closure of borders in March, Bruneians have been buying locally, be it grocery or electronics. This has greatly benefitted the local retail sector’.
Indeed, I have seen the same trend of certain industries in our economy seeing positive growth despite the COVID-19 pandemic impacting businesses worldwide.
I’m also in concert with the writer’s suggestion to impose an exit tax when the borders reopen again, because once that happens, we won’t be able to stop locals from flocking to neighbouring Malaysian states of Sabah and Sarawak for shopping.
Thus, we should take full advantage of the impending trend by imposing an exit tax on people who wish to travel overseas.
I, for one, don’t mind paying an exit tax. And I’m sure a lot of people feel the same way.
Looking at our economy, an exit tax is the least we can do to increase our government’s revenue, thus reducing deficit.