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Where Nigeria Is Heading To Now - Politics - Nairaland

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Where Nigeria Is Heading To Now by demmymoney(m): 11:10am On Sep 21, 2016
In Nigeria we entering into an age of Reformed taxation ,all state governments will get serious with taxation and will want to tax its citizens to prosperity but in turn impoverish their citizens because for you to bring strong tax reforms ,you have to provide strong and monitored Credit facilities for all its citizens Reformed taxation can only work if the debt borrowed by government is made available to every citizens ,no more high interest rates for loans ,use of credit cards,public enlightenment that entering debt is a good thing ,our budget should be run on deficit,No religious or societal rejection or borrowing money ,looking at USA world power of today their internal revenue from taxes is $3 trillion, its national debt is $19.3 trillion making them the biggest debtor in the planet followed by fast rising economy of China the second largest debtor let's learn from great economical nations and implement a debt and tax formula to run our economy rather than deceiving ourselves saying we generate revenue from agriculture via exports when in the first place no debt is even available to facilitate credit into the agricultural sector
Thank you

#Giveuscitizensdebt ,#Taxationcannnotsucceedwithoutcitizensbeenindebt ,#Debtandtaxthesolution,#debtisgood,#replacesavingmentalitywithborrowingmentality

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