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The Income Tax, Finely Divided Labour And Nation Building. - Politics - Nairaland

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The Income Tax, Finely Divided Labour And Nation Building. by lawani: 5:06pm On Oct 21, 2017
The income tax is a way of apportioning a huge part of the Gross Domestic Product for central spending. It affords the creation of new jobs at the center and redistribution. What we are here for is redistribution. We are here to divide labour infinitely so that every citizen gets something to do and a taxable income to go with it. The infinite division of labour aids the redistribution of wealth. Income tax helps redistribution and infinite division of labour because without income tax, some jobs will not exist and there would be a glut in the economy. There would also have been several great depressions. Nations taking income tax create a lot of new wealth and are actually richer on a per capita basis than those who do not. A country like Brazil will have well over a trillion dollars by PPP annually to spend centrally if it took income tax. Income tax starts from wage regulation as you can only tax what you regulate. The Home Office will make sure the minimum wage is a living wage after taxation. A China...
Re: The Income Tax, Finely Divided Labour And Nation Building. by lawani: 5:07pm On Oct 21, 2017
with income tax will most probably have a per capita income of around 30 thousand dollars a year as the Chinese are efficient and serious about nation building even without income tax. It appears any nation can make it to become prosperous using income tax. All nations should make income tax the bedrock of their finances and all nations should have a policy of infinitely dividing labour to cater for every citizen.

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