|Join Nairaland / LOGIN! / Trending / Recent / New|
Stats: 2,620,707 members, 6,107,019 topics. Date: Tuesday, 19 January 2021 at 10:34 AM
FFK Tells President Buhari What To Do With Letter Of Apology From South Africa / Stop Gloating, Atiku Will Soon Reclaim His Mandate- PDP Tells President Buhari / I Earned N60.2m In Three Years, Atiku Tells INEC (2) (3) (4)
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by Munzy14(m): 11:19pm On Nov 22, 2020|
BlackfireX:We die here....
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by roteblomen(m): 11:44pm On Nov 22, 2020|
Then you chase the rich away, it is as simple as that. The US and other western countries tried this, and they have their rich moving to tax haven countries. The fact that they would be super-wealthy people is a fact of life, in economics, this is known as ''Pareto principle'' or the 80/20 rule. Biblically, known as the Matthew principle.
Matthew 25:29, RSV. I tell you, that to everyone who has will more be given; but from him who has not, even what he has will be taken away.
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by Alobogab: 12:38am On Nov 23, 2020|
This is one of the most appealing statement to the poor even before Karl Max by the plutocrats. Unfortunately the rich do not pay tax. Most of the expenditures of the rich are borne by the organization eg free air ticket, free housing, free hospital bills, meal subsidies, communication allowances to mention just a few. Whatever organizational profit that is taxed, have little effect on them. Taxation of the rich is transfered to the poor who form the bulk of the consumers. A 10% tax on the rich, have less efect on them than a 1% tax on the poor. Because there are more poor people, the government gain more from the 1% on the masses than the 10% on the few rich people. Its better they leave the rich alone and empower the poor by entrepreneurial development and improving access to low or interest free loans
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by RuudVanNisteroy: 1:24am On Nov 23, 2020|
thebosstrevor1:Wired $40 million dollars through offshore companies to America and collected $2million dollar bribe from Siemens through his wife account.
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by RuudVanNisteroy: 1:26am On Nov 23, 2020|
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by NaMeAboki: 1:27am On Nov 23, 2020|
Then he should be ready to be the 1st on the list.
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by Salisu19(m): 7:40am On Nov 23, 2020|
Useless people, that's how they will be forming as if they are the solution to Nigeria problem but if given the chance,they will mess up everything, FOOLS........
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by olatuns2017: 8:15am On Nov 23, 2020|
[quote author=drinoayo post=96317282]Former Vice President Atiku Abubakar on Sunday urged the Federal Government to increase taxes on the super-rich in order to raise government income as the county slides into recession, Igbere TV reports.
Atiku tweeted his idea of how Nigeria could survive recession after the National Bureau of Statistics (NBS) announced on Saturday that the nation’s GDP contracted by 3.62 per cent in the third quarter of 2020, better than its 6.10 per cent contraction in the second quarter.
Atiku said the recession could have been avoided if the Buhari administration had listened to him and others.
He called on the government to first of all scrap the 2021 budget, saying it “is no longer tenable.”
On how to fund the stimulus package, Igbere TV reports that Atiku suggested that a luxury tax be placed on goods and services accessible only to the extremely wealthy individuals.
The former presidential candidate also proposed a one per cent poverty alleviation tax to be legislated by the National Assembly on the profits of every international oil company and airlines operating in Nigeria, which should also go towards the Poverty Eradication Fund.[/quote
The northern politicians will definitely go against this as usual...most of the less privileged in the north dont have bank accounts...their leaders prefer cash so as to loot!
North and illiteracy
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by ThePropertyGuy: 8:55am On Nov 23, 2020|
Using total bank deposits as a yardstick for poverty is questionable.
Not depositing money in the bank and being poor are two very different things. People can decide not to deposit their cash in banks for an avalanche of reasons; doesn’t necessarily mean they are poor.
|Re: Tax Super Rich To Save The Poor — Atiku Tells President Buhari by Punakapunaka: 10:13am On Nov 23, 2020|
thebosstrevor1:... Man wey no dey even pay tax sef
|Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health |
religion celebs tv-movies music-radio literature webmasters programming techmarket
Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 56