{
    "success": true,
    "data": {
        "id": 1691741,
        "msgid": "celios-urges-immediate-implementation-of-tax-on-the-super-rich-1776779464",
        "date": "2026-04-21 20:29:02",
        "title": "CELIOS Urges Immediate Implementation of Tax on the Super Rich",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Regulation",
        "summary": "The Director Executive of the Center of Economic and Law Studies (CELIOS), Bhima Yudhistira Adhinegara, has urged the Indonesian government to promptly introduce a tax on super-rich individuals amid escalating global and domestic economic pressures, criticising the Finance Ministry's plan to delay wealth tax implementation until 2028 as too slow. Highlighting an impending 'perfect storm' of energy crises, global conflicts, and supply disruptions, Bhima pointed out that extractive sector tycoons are reaping windfall profits while ordinary citizens bear the brunt of rising energy costs. He called for parliamentary debate on wealth taxation to address economic inequality and ensure fiscal policies favour the broader population over oligarchs, encouraging youth to push for fairer reforms.",
        "content": "<p>The Executive Director of the Center of Economic and Law Studies\n(CELIOS), Bhima Yudhistira Adhinegara, has urged the government to\nimmediately implement a policy of taxing super-rich individuals, or \u2018tax\nthe super rich\u2019, amid rising global and domestic economic pressures.\nBhima assessed that the Finance Ministry\u2019s new plan to prepare a wealth\ntax by no later than 2028 is too slow given the increasingly vulnerable\neconomic conditions. \u2018The Finance Ministry has issued a plan, by no\nlater than 2028 they will have a wealth tax. Not 2028 (but) April, there\nare still a few days left. Enact this wealth tax issue, discuss it in\nparliament,\u2019 Bhima stated during the launch of the report and research\ntitled \u2018Economic Inequality Report in Indonesia 2026: Republic of\nOligarchy\u2019 at Taman Ismail Marzuki (TIM), Jakarta, on Tuesday\n(21\/4\/2026). Bhima warned that the world, including Indonesia, is\nheading towards a \u2018perfect storm\u2019 situation due to a combination of\nenergy crises, global conflicts, and supply disruptions such as LPG. He\nassessed that this condition will further pressure society, especially\namid the potential rise in energy prices, including fuel. According to\nBhima, in such a crisis situation, there is a group that is instead\nreaping huge profits, particularly players in the extractive sector. He\ndeemed this unfair because the economic burden is mostly borne by the\nwider public. \u2018Some profit, some get huge profits. Who? Extractive\nbusinessmen. The 50 richest people, most of them are in the extractive\nsector which is now enjoying windfalls. We bear the suffering, they just\nenjoy it. They profit, we lose,\u2019 Bhima criticised. Bhima also criticised\nthe tax structure that still burdens the middle class, while the rich\ngroup has not been taxed proportionally. For Bhima, accelerating the\nimplementation of wealth tax is a form of the government\u2019s support for\nthe wider public. \u2018If they really don\u2019t want to do that, it means they\nare clearly siding with the oligarchy,\u2019 Bhima said. Bhima also invited\nthe public, especially the younger generation, to push for more\nequitable fiscal policy changes. He assessed that the current momentum\nmust be utilised to demand tax system reforms. \u2018This is the momentum,\nyoung people. The momentum for all of us to say enough is enough and one\nof the solutions is tax the super rich,\u2019 Bhima said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/celios-urges-immediate-implementation-of-tax-on-the-super-rich-1776779464",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}