We should start Harmonized  Tax which is practise in all democracy system. Which is what they call true federalism.

What it means is that state and federal have joint taxes. The state collect the tax and give the federal portion to the federal government. this is what federalism is about.

What it means is that each state collect the tax and give the federal 38% of all taxes.

This is what happens in Canada.

The federal govt of canada get 38% of the money and the ontario government get 62% of the money.

While we can reduce state in nigeria. Look at satellite picture. some state can go and some modified.



While ogun state should be rename as New Lagos state and the present lagos should be called "Old lagos state".

There would now be two states .

1 Old Lagos state (former lagos state)
2 New Lagos state (former ogun state)

bk

While ogun state should be rename as New Lagos state and the present lagos should be called "Old lagos state".

There would now be two states .

1 Old Lagos state (former lagos state)
2 New Lagos state (former ogun state)

WTF is the point of this     NURSE!!!!

point is to decongest lagos and attract business too to ogun state. Which create rival for lagos and makes the system work better.   The name lagos is already international. We use it to attract business to other part of nigeria. Google lagos and see how many times it would come out.

Lagos comes up 23 million times. Ogun state comes up 246,000, instead of merging the two state. you change the name of ogun state to New lagos. while you can still leave the old lagos as lagos.

New lagos (ogun state)
Lagos ( lagos state)

@@@@

if i ve to speak i will say emm the whole Yoruba state should be renamed oduduwa state with immediate effect

We move to Benin republic ikeyland for the sake of peace. if not youreduce the number of state. Even this we are not sure of an out break of war. The best is to remove the yorubas, edo, delta into benin republic.

2CatWoman:

WTF is the point of this     NURSE!!!!

lol Houston, we got a problem!

ikeyman00:

@@@@

if i ve to speak i will say emm the whole Yoruba state should be renamed oduduwa state with immediate effect

Well, since you dont have a say, run back to your lil corner and be a good boy

Becomrich0:

We move to Benin republic ikeyland for the sake of peace. if not youreduce the number of state. Even this we are not sure of an out break of war. The best is to remove the yorubas, edo, delta into benin republic.

rotflmao! Do you ever give up?!

No , i do not.

This is how the Harmonized  Tax system would work.

All state open two account in banks. And one account is for person and the other for company. Every resident ( people living in the state) from the age of 18 either working or not working.


Evey taxes in nigeria, from education , vat, custom duty, petroluem tax , company tax and other goes is included expect taxes collected by the state. All tax would be 15% of the the tax in question. in canada it is 14%.   excluding company tax which would be 30% of profit. from small and large scale companies.

So if someone goes to the border of sokoto, he pays company tax it goes into sokoto state account.

Each person goes to the bank  and pay thier tax to the account or your company tax 15% of your salary into your tax account under lagos state or any state.

Here is how the 15% is divided  4% for federal govt, 6 % for sokoto state, 5% as your Retirement Saving Plan  for that person  ( RSP).

THe RSV the bank help you to buy stock with it. By the month of Novermber every nigerian would decide what they would do with thier 5% either they want to take the money out or leave it as investment.


So example, if   Umaru Musa who live in sokoto state and has is business everything he buy, he get a reciept for and goes to the bank to pay is tax with those reciept. The bank verify if the reciept are real by call the company.

If Musa made N100,000 monthly he pays 15,000 as taxes and 5,000 out of the 15000 goes to his RSP while the federal govt get $4000 and the state get N6000.

By november  musa can go to the bank and collect N60,000 of his RSP or leave it for retirement.


If shehu work for a company in kano, the company pays the money into shehu  sub account of Kano state. If shehu made 50,000 naira a month.  His tax for each month is 7,500 while is RSP is  N2500.

By november  ending Shehu can go to his RSP and withdrawn N25,000


now if shehu goes into hospital and pay 10000 for medical. 1500 would be his taxes, taken from him from the hospital. And he get a recipt. By novermber. Shehu RSP would not be 25000 but it would be N25500. 

If shehu pays N5000 for his son school fee and collect recipt. he get 250 into his RSP. making 25,750.

The hospital and school send the tax to shehu account with kano state.

The money is with the bank, so the state can not cheat the federal. The federal govt can ask to see what is inside the account.

The same for company like that of musa but it is 30%. But company would be allow to use 1/3 of thier taxes as community development, build road, school etc. while 1/3 would be allowed to be allow as company expansion .



now

With this method every nigerian above the age of 18 would have a retirement saving plan. Either they are working or are market women or business men.   They can also take thier RSP and use it to start a business or build a house may be after some time.

Question

1. You now may ask, can a state cheat the federal government, The answer is NO.

The reason is, every nigerian pays to the banks and the federal govt can see each state bank account. And Each money each bank transfer 38% of the money in that account to the federal government. While 62% is transfer to the sokoto state. The state has no physical contact with the acccount .

2, Can a person refuse to pay tax or cheat tax?? The answer is No.

The reason why the answer is NO is because, everytime you go to a store to buy something. If the igbo or hausa or yorubas man want you to cheat the tax system for him, You would refuse because, everytime you help anyone to cheat the tax system. It reduce your own RSP (christmas Bonus). And I dont think you want that.

Every year we get cheque from the canadian govt, we can also use the money to buy a house. We get some of our tax back from the govt once a years. You can use the RSP to buy a house.

This way every nigerian above the age of 18 has an RSP and can buy a car or house within 5 to 10 years . This is what I would do.

Question

3.  How much internal revenue does it bring to each state monthly.??

By my calculation 90% of the state internal revenue would be about 5 billion naira each month or more.
If I use sokoto state. Sokoto state would generate nothing less than 5 billion naira internally monthly.


This makes sokoto state independant of the federal govt. While the people in the niger delta who claim they are spending thier money , would discover the truth that. Olobiri oil well and many of the oil well have dry up many years ago.

Some of this state are getting paid for oil well that is dead.

4. How much does the federal govt make. The internal generation revenue of the federal govt would increase 5 times because less than 10% of nigerian pay taxes now. So if 100% pay taxes, who can imagine , how much , you would making.


5. Can a state governor or senator steal your money


It become more difficult. Look why it is difficult for steven harper the prime minister of canada to steal money in Canada. Is because people pay taxes. Just like you watch your stock on the stock exchange. It is the same way, we watch the prime minister movement , even if he enter taxi 2 times in a week, It would be in the newspaper that he is wasting our money. People would ask him, why he did not take the bus.
People are going to stop give him thier taxes.   we have freedom of information act, that allow me to get more information about steven harper. If Steven harper goes to the toilet, I can know the time he went to toilet and demand why he went to the toilet 2 times in a day. That means he is eating too much food. Where is he getting the food from, when i am only using the toilet one day.   joke.

Like Jonathan wife just went to dubia, you people should see , where she got the money from and how she spend the money.

6 Why should the state collect the taxes and not the federal govt


The answer is because the federal govt is far from people. and can not monitor the people. The state cant cheat the federal govt. It is all bank involve.

The state would now have a reason to hunt down people for taxes because if the state do not hunt down people to pay thier taxes, thier own internal generated revenue would reduce. The state would not like that.

oil company I believe pay thier taxes in abuja , and not lagos. so it does not affect lagos state, 


And river state does not collect taxes for oil on the sea of the coast of nigeria.  And if you look at the satellite pictures.
Only rivers and delta are more of state with oil well on land. The others are on sea. Akwa ibom hardly have any oil well on its land. very few in bayelsa state too.  while the one delta state is claiming as its own oil on the sea is in ondo state.  So which oil are you talk about.

80% of nigeria oil are not produce on land but on the sea of the coast of nigeria

Lagos get taxes from petrol use in its state. State that does not use petrol get zero.

So when a market woman who have paid taxes retire, which would have millions of naira in retirement saving plan.

bk

bk

The igbos traders do not have retirement policy.

Please do not add Edo and Delta to ur useless Benin or Oduduwa contraption,
we do not want you!!!
Or is it by force now??

The nigerian supreme court has decded that the continental selve belong to the litoral states and you are saying something else?? then who owns the seas??

If u say that state collects tax frm companies operating in them, where do u think the tax fr the companies operating in the seas will go to first?

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