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Nairaland Forum / Nairaland / General / Politics / Tax: Nigeria’s New Oil? (13228 Views)
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Re: Tax: Nigeria’s New Oil? by Danladi7: 3:00pm On Sep 18, 2017 |
VAIDSNG: no problem,as long as they are ready to kill whoever embezzle it or any corrupt politician |
Re: Tax: Nigeria’s New Oil? by Nobody: 3:00pm On Sep 18, 2017 |
How taxable is an impoverished society? Let's see how this turns out |
Re: Tax: Nigeria’s New Oil? by lozanni(m): 3:03pm On Sep 18, 2017 |
timilehing: It should be deducted at source from their winnings, before the balance is handed over to them. |
Re: Tax: Nigeria’s New Oil? by iamdynamite(m): 3:05pm On Sep 18, 2017 |
tax is a neccesary evil.......we just have to start cultivating the habit of paying tak because that is the only way we can develop the country in the face of dwindling oil revenues. |
Re: Tax: Nigeria’s New Oil? by awa(m): 3:11pm On Sep 18, 2017 |
Federal Government that decleared their own assets openly when they came into Power? I weep for this nation................ |
Re: Tax: Nigeria’s New Oil? by idealvun(m): 3:28pm On Sep 18, 2017 |
asuustrike2009:THEY PAY,VAT IS ALSO TAX.THEY INCREASE VAT ADD POSTAL CHARGE STILL D GOVT SAYS THEY DONT HV MONI |
Re: Tax: Nigeria’s New Oil? by DarryOsh(m): 3:32pm On Sep 18, 2017 |
mrvitalis: Pay tax to a government that is not responsible. People say that citizens in countries like the UK pay exhorbitant tax but the citizens are gladly paying it because they enjoy the benefits. IN Nigeria nko? Let me not even start. I provide my own power, I provide my own security. No infrastructure: poor roads mean that I spend more on vehicle maintenance, poor postal services mean that I pay a lot for DHL, Poor transportation network means I die slowly in traffic and waste my life slowly (after all, time is life right?). The list goes on an on. I pay to provide all these and more for myself. If you ask me, I think I already pay too much tax. How can you be talking about higher taxation when our senators are earning fortunes for doing nothing, taking delivery of cars as if more than half of the country is not living below the poverty line. Ordinary power our government cannot provide, but they want to generate more revenue via tax. They have finished drinking the oil, now they are looking towards tax. Kuku kill Nigerians na. If you want to compare Nigeria to other countries, don't just compare tax, compare quality of service delivery, compare standard of living, compare government responsibility, compare quality of life as well. 6 Likes 2 Shares |
Re: Tax: Nigeria’s New Oil? by Nobody: 3:35pm On Sep 18, 2017 |
VAIDSNG: How can you compare tax to oil, are you as ignorant as that stup!d hypocrite, Kemi Adeosun? If your citizens are unemployed or underemployed what do you plan to tax? Foster a productive working class before you talk about tax being the new oil, otherwise you are just talking RUBBISH! 2 Likes |
Re: Tax: Nigeria’s New Oil? by joenor(m): 3:38pm On Sep 18, 2017 |
federal govt dey put things in place tomrrw na, we go hear say he nor dey work oooo :O |
Re: Tax: Nigeria’s New Oil? by Kingspin(m): 3:58pm On Sep 18, 2017 |
Useless government you want to tax the South and feed the North....That is the meaning of new tax .. A whole lot need to be on restructuring so that when a (state) work hard they can enjoy it....A situation where one state contribute 1% and others 50-80 percentage is fraud. 2 Likes |
Re: Tax: Nigeria’s New Oil? by FakoMaybach1: 4:18pm On Sep 18, 2017 |
I can confidently tell u that this scheme will fail and fail woefully. The problem with the federal government is that they keep overlooking the stakeholders in every industry. They sit in their AC offices and bring up schemes that are not practical and will never fly through. Why cant F.G engage small and medium audit firms like the way Lagos state government does with its TAMA, this will create jobs and with good incentives it will boost the governments tax base. This scheme will only be targeting the south east, cus every negative thing of this Buhari govt is aimed at the south east |
Re: Tax: Nigeria’s New Oil? by debojyde(m): 4:23pm On Sep 18, 2017 |
With the level of corruption in nigeria, I don't intend to pay my fair share of taxes. We all know people who work at FIRS and LIRS, and we see their lifestyle. Where do they get the money from....Bosses spending 100's of millions on wedding, flying private jets etc. Junior staff building expensive houses and buying 30 million naira cars on 250k a month salary..... we all know they can do this by embezzling tax payers money. Why the f would I want to pay taxes so that this crooked fkers can fund their lavish lifestyles. Screw that.....until they figure out a way curb the corruption, I ain't paying my fair share. �� 2 Likes 1 Share |
Re: Tax: Nigeria’s New Oil? by samsilo(m): 4:24pm On Sep 18, 2017 |
Modern government is still unclear to us Africans and Nigeria in particular . In 1086 , King William the conqueror ordered a survey of England . Please read about the Domesday book . They sent out people to record who owned every piece of land and who owned cattle sheep or other economic assets in the whole country . Just Imagine the year 1086 !! They did it successfully and placed a tax on every one to pay based on what you owned to the governemnt . Till today , it is very hard to dodge that system and that is where the govenrment's money comes from , not oil or gold or anything , just Tax. 2 Likes |
Re: Tax: Nigeria’s New Oil? by mrvitalis(m): 4:37pm On Sep 18, 2017 |
DarryOsh: How can you improve on all those if people don't pay tax and hold their leaders accountable It's tax before development and not develops met before tax ( we are not as lucky as the rich Arab countries ) 1 Like |
Re: Tax: Nigeria’s New Oil? by DarryOsh(m): 4:49pm On Sep 18, 2017 |
mrvitalis: The Bible says he who is faithful in little will be faithful in much. With all the money we made from crude we are where we are today. Did you read what I wrote? I said our senators are living large to the detriment of the masses, buying themselves cars from the national cake. Politicians that cannot slash their own outrageous salaries even in the face of economic downturn want the poor citizens to pay more taxes. Does that even make sense? So you honestly believe our current crop of leaders will collect more tax and overnight they will change and begin to be prudent with the national cake. No! It will be business as usual. They will steal us blind. Nothing will change! Let the government put their money where their mouth is by showing responsibility, then we will probably trust them by sacrificing more via taxes for a better future. What we have currently is not a responsible government. It is a shamelessly corrupt and selfish one. 3 Likes |
Re: Tax: Nigeria’s New Oil? by ferhyntorlah(f): 4:54pm On Sep 18, 2017 |
HAH: YOU HAVE SAID IT ALL!!!!!!! |
Re: Tax: Nigeria’s New Oil? by Nobody: 5:06pm On Sep 18, 2017 |
idealvun:VAT is indirectly collected by the government from all persons. You don't really feel it as the burden can be shifted depending on the elasticity of demand |
Re: Tax: Nigeria’s New Oil? by anukulapo: 5:16pm On Sep 18, 2017 |
All to fund the expensive governance demand |
Re: Tax: Nigeria’s New Oil? by Champele(m): 5:20pm On Sep 18, 2017 |
Rchibs:We are talking serious issue here and you are here talking.. If you can this If you can they Smh! |
Re: Tax: Nigeria’s New Oil? by Totfulguy: 5:51pm On Sep 18, 2017 |
VAIDSNG: What is this country doing for us, that it is taxing us for? Is this not a case of the sheep feeding the Shepherd? |
Re: Tax: Nigeria’s New Oil? by nextstep(m): 6:30pm On Sep 18, 2017 |
This is not fair. The money one would have used to send children to school, or to buy moto, or to fix that gen, or to buy equipment for the business will now be sent to Abuja. Where 100% of it will be squandered by fat politicians, or used to send one particular leader to 100 vacation in somebody else's land. If government had demonstrated fiscal responsibility with oil money, we won't be in this poor situation. Now they're going to tax my hard-earned income, and I still won't benefit. |
Re: Tax: Nigeria’s New Oil? by Nobody: 6:41pm On Sep 18, 2017 |
mrvitalis:We are undeveloped because Nigerian leaders have looted $400 billion dollars since 1960. Give them all the money in the world and nothing will change in the country |
Re: Tax: Nigeria’s New Oil? by Ovamboland(m): 6:41pm On Sep 18, 2017 |
sophoccles: And what will be used to foster the a productive working class? Sand, loan or tears. 90% of the available infrastructure in the country was not built with tax money so we don't value or respect it. We even watch thieves and politicians vandalise our patrimony because we didn't contribute to build them. New York state in USA spends 6 times of Nigeria national budget, and we are ignorantly expecting world class hospital, fast train, top notch universities from the meagre money. The few in position of authority steal to send their kids to foreign school leaving the weak with nothing and we think that is life. And you think the capitalist West are crazy to keep things like public education and transportation from the control of profiteers 1 Like |
Re: Tax: Nigeria’s New Oil? by mrvitalis(m): 6:59pm On Sep 18, 2017 |
DutchBruh: That's not upto USA defense budget in a year ,it's around half of it |
Re: Tax: Nigeria’s New Oil? by islandmoon: 7:16pm On Sep 18, 2017 |
how many herdsmen are paying tax? I will only resume paying tax the day those hausa people selling clothes on the major road in front of my shop start paying tax, they dont pay tax , yet they come to display the same thing I'm selling in the wheel barrow saying this is government road, start giving them daily ticket if you want me to continue paying tax, we are tired of cheating, same you enjoying tax payers money in IDP camps , selling on the road built with tax payers money, benefits from all sort of government stuffs finance with tax payers money, I dont even have time to join line for all those stuffs, yet I pay tax, but when the tax collectors come, you pushed the wheel barrow away! no more cheating!! no more robbing peter to pay ahmed! |
Re: Tax: Nigeria’s New Oil? by Ovamboland(m): 7:37pm On Sep 18, 2017 |
DarryOsh: And you believe fostering a non-tax paying culture is a sure route to make our country arrive at where we all desire it be? Don't you think making everybody pay their fair share of tax is a sure route to ensure we all start asking the right questions and less people will see collecting just 1k to vote as your fair share of national cake in 4 years 1 Like |
Re: Tax: Nigeria’s New Oil? by akigbemaru: 8:16pm On Sep 18, 2017 |
nurey: |
Re: Tax: Nigeria’s New Oil? by KunkeAkinola(m): 8:57pm On Sep 18, 2017 |
mrvitalis: Yes oo.. U r right. If tax had been a major source of revenue to our government, trust me, I won't watch even my uncle embezzle because I know he's embezzling my hard earned money. |
Re: Tax: Nigeria’s New Oil? by DarryOsh(m): 9:26pm On Sep 18, 2017 |
Ovamboland: If I get you right, people can only ask the government the right questions when they pay their fair share of taxes. But we already pay more than our fair share indirectly. If this is not enough to ask the right questions then I don't know what will make us ask those questions. I think all the noise about taxes is denial of the problem. Taxation is not our problem (at least at the moment). Bandaging your arm will not cure a headache. Nigerian politicians are not talking of slashing their outrageous salaries and benefits even in the face of economic downturns, yet they want more taxes. Do you get my point? |
Re: Tax: Nigeria’s New Oil? by Ovamboland(m): 10:40pm On Sep 18, 2017 |
DarryOsh: You'd be shocked to know learn only few people are interested in asking the right questions because they hardly see government revenue that gets stolen as their own sweat. The reality of what is collected shows the government has been unable to collect a decent amount of earned income from Nigerians. While average countries like South Africa collect about 16% of GDP as tax advanced countries in Europe Collect on the average over 30% of GDP as tax. Almighty Nigeria is struggling to collect 4% of our GDP as tax. That's why even though our GDP is larger than that of SA, their government has about 3 times spending power as our government for a much smaller population. If they can finance a 6000 MW power project a year our government will struggle to find money for 1000 MW project because of our bigger overhead, salaries for huge number of civil servants, etc 1 Like |
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