Ovamboland:


Of course APC all the way. So you want a situation where almost all workers in the informal sector continue to earn money tax free and contribute nothing to national development? While they constitute up to 70% if the workforce. The cheating of workers in the formal should end, the cost of running the country should be borne by all Nigerians not some.
Nigeria can't remain a primitive state that PDP left it,such that Nigeria public revenue is the smallest among the first 7 biggest economies in Africa, yet we are the biggest economy.

SarutobiEky:
bros abeg make I slide into your dm make you put me through biko.

Ovamboland:


Stop making noise, you are ignorant or reality, i pity those who take their information from your writings here.

There are thousands of accounts with TIN number in operation, has any of them told you they pay tax on transactions different from statutory charges?

abbeyfel:
Are they not already taxing every transactions?

Ovamboland:


Of course APC all the way. So you want a situation where almost all workers in the informal sector continue to earn money tax free and contribute nothing to national development? While they constitute up to 70% if the workforce. The cheating of workers in the formal should end, the cost of running the country should be borne by all Nigerians not some.
Nigeria can't remain a primitive state that PDP left it,such that Nigeria public revenue is the smallest among the first 7 biggest economies in Africa, yet we are the biggest economy.

FarahAideed:


So you are going to tax any transactions that occurs on a bank account? ... All Buahrist truly have low IQ like the bUhari

COMPAQ:


That is already being done by way of N50 stamp duty for any credit to account over N10k! You no dey see am for your own account?

Besides, linking TIN to account doesn't mean they will charge tax per transaction. It's just a say to link people cash flows to their tax records. How can N50mln pass through an account yet the person has no tax record with govt because he's an Idumota trader. That has got to stop.

Left to me people with no tax record should not be able to fly out of Nigeria. Tax records should be linked to passport sef. You don't pay tax, but you can afford N750k flight to US!? Or N300k flight to Dubai! How can?

FarahAideed:


And you don't know almost 30 percent of the cost of your flight ticket goes to the Nigerian govt ? You should check the breakdown of your international flight fares and see

CryptoPornster:


put you through on what exactly?

lexy2014:


Everyone in Nigeria pays taxes. So your theory that paying taxes is directly related to political participation and holding govt accountable doesn't have any basis

FreeStuffsNG:
Nowhere in the world do people love to pay tax.

It has always been so since the time of Jesus Christ that even Jews went to him to ask if they should pay tax to Caesar even when it was recorded that he himself paid tax. 1.

I feel and understand the angst of people. The brighter side is that when the people are in the tax net and pay or forced to pay, they will hold government more accountable than they currently do. Is it not hypocritical that most of the loudest critics of government, especially on the social media are mostly folks who don't pay tax yet they enjoy petrol subsidy, electricity subsidies and be be lo. If we keep funding subsidies and most of us don't pay tax, then government will only continue to borrow and some corrupt public officials escape our pressure because the money being stolen is not your tax .

I really doubt if governance was as lacklustre in Aba in 1929 as it is now yet it's on record that women of Aba went on rampage to protest against tax hike and I had to memorize the year and the event in Primary School.

So what changed? As more free money was flowing in from oil, government paid less attention to tax, giving more people more disposable income and corrupt officials extra from the stealing from the free oil revenue inflows the opportunity to marry more wives and have more kids, even excess kids, our population ballooned and suddenly all resources became stretched and insufficient and here we are today when vicious competition for scarce resources is at almost every doorstep and almost back to the Hobbesian state..


These economic measures, like SAP, austerity measures of those days, and improved social, political and security architecture will eventually cancel the factors that disturbed the positive equilibrium/stability we had before free oil money started pouring in.
We will be alright las las.

Let's not stop praying and hoping for the best in life and for this great nation.

All the enemies of Nigeria, Nigerians and lovers of Nigeria will lose las las. They always lose. God bless Nigeria forever.
Here's free book on business ideas & money sources directory for you, it's 100% free! https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.

COMPAQ:


That is already being done by way of N50 stamp duty for any credit to account over N10k! You no dey see am for your own account?

Besides, linking TIN to account doesn't mean they will charge tax per transaction. It's just a way to link people cash flows to their tax records. How can N50mln pass through an account yet the person has no tax record with govt because he's an Idumota trader. That has got to stop.

Left to me people with no tax record should not be able to fly out of Nigeria. Tax records should be linked to passport sef. You don't pay tax, but you can afford N750k flight to US!? Or N300k flight to Dubai! How can?

abbeyfel:
You are still getting it wrong. Paying taxes does not literally mean a better life. What guarantees a good life for the people is good governance! Do we have that in place at the moment? Point is, how is attacking from the bank account angle an even sensible thing to do Is that where their brain lead them. As in go through bank accounts like everyone with bank accounts are taxable. Mumu thing..

SarutobiEky:
crypto and how you plan to duck this new policy our dumb govt has put out.. I'm completely new to crypto..too

lexy2014:


If u aren't going to go into d specifics, how then did u arrive at ur responses? Did u consult d firs and state councils before u arrived at your conclusions about who is paying tax and who isn't?

philip0906:

You're confusing yourself with all the semantics. I live in an almost 3rd world country where I already pay money equivalent to my income to government...Whatever grammar/label economic experts (you included) decide to append to that payment, is their plate of watery beans. This is simply TAX.

Kindly explain how you pay nearly all the money you earn to your government?

I am specifically talking about TAXES here. If you choose to ascribe any money illegally collected from people, both under the direct and indirect supervision of the government, under the guise of pointless fines, levies, or penalty as tax, then that's on you. Taxes are supposed to be set based on various predetermined factors. An akara woman who earns 15k daily and then pays 500 naira as some form of levy, did not pay her income tax

Then the government is a running an organised crime ring to rob its own people. Call it what it is!

joey150:


Kindly explain how you pay nearly all the money you earn to your government?

I am specifically talking about TAXES here. If you choose to ascribe any money illegally collected from people, both under the direct and indirect supervision of the government, under the guise of pointless fines, levies, or penalty as tax, then that's on you. Taxes are supposed to be set based on various predetermined factors.

An akara woman who earns 15k daily and then pays 500 naira as some form of levy, did not pay her income tax

Baawahala:

Bigot

FreeStuffsNG:
Nowhere in the world do people love to pay tax.

It has always been so since the time of Jesus Christ that even Jews went to him to ask if they should pay tax to Caesar even when it was recorded that he himself paid tax.

I feel and understand the angst of people. The brighter side is that when the people are in the tax net and pay or forced to pay, they will hold government more accountable than they currently do. Is it not hypocritical that most of the loudest critics of government, especially on the social media are mostly folks who don't pay tax yet they enjoy petrol subsidy, electricity subsidies and be be lo. If we keep funding subsidies and most of us don't pay tax, then government will only continue to borrow and some corrupt public officials escape our pressure because the money being stolen is not your tax .

I really doubt if governance was as lacklustre in Aba in 1929 as it is now yet it's on record that women of Aba went on rampage to protest against tax hike and I had to memorize the year and the event in Primary School.

So what changed? As more free money was flowing in from oil, government paid less attention to tax, giving more people more disposable income and corrupt officials extra from the stealing from the free oil revenue inflows the opportunity to marry more wives and have more kids,even excess kids, our population ballooned and suddenly all resources became stretched and insufficient and here we are today when vicious competition for scarce resources is at almost every doorstep and almost back to the Hobbesian state..


These economic measures,like SAP,Austerity measures of those days, and improved social, political and security architecture will eventually cancel the factors that disturbed the positive equilibrium/stability we had before free oil money started pouring in.
We will be alright las las.

Let's not stop praying and hoping for the best in life and for this great nation.

All the enemies of Nigeria,Nigerians and lovers of Nigeria will lose las las. They always lose. God bless Nigeria forever.
Here's free book on business ideas & money sources directory for you,it's 100% free! https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.

joey150:


https://nairametrics.com/2021/10/09/only-41-million-nigerians-pay-tax-firs/

joey150:


https://nairametrics.com/2021/10/09/only-41-million-nigerians-pay-tax-firs/

Ijoba4lyf:
Finance bill makes TIN mandatory for all bank accounts holders



https://punchng.com/finance-bill-makes-tin-mandatory-for-all-bank-accounts-holders/?utm_medium=Social&utm_source=Facebook#Echobox=1638992646

PrinceOfLagos:
All of you are mad