Indonesia's VAT Rate And Its Effect On Gen Z's National Development

 

This potential erosion of nationalism through economic policy presents a significant concern, as it contradicts Indonesia's goals of fostering domestic growth and development. Instead of channeling Gen Z's entrepreneurial spirit and innovation toward building a stronger Indonesia, the high VAT rate may inadvertently push them to contribute their talents to the development of other ASEAN nations, creating a long-term challenge for Indonesia's economic and social progress.