DomPerignon's Posts
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Goodlyhrt:Are you crying for Nigerians or your fellow billionaires ? |
I have written severally here on how the SE have undermined Southern interest since 1999 by always supporting the north over any bill proposal that calls for equitable distribution of resources to states especially as it concerns oil revenue. They stood with the north to stand down 25% of oil revenue to oil producing states that was proposed by the Obasanjo government. It took the intervention of Yaradua to negotiate a 13,% derivative to oil producing states. They stood with the north against coastal oil producing states of the SS from benefiting from offshore wells. It took a Supreme court ruling to compel the FG to pay proceeds from offshore oil and gas wells to SS coastal states. They stood with the north to water down and make useless the Petroleum Industry Bill. Now they are siding with same north to ensure this tax reform bill is killed so that they can continue reaping from where they did not sow. |
Cry harder. Nigeria is on a one way journey to restructuring . |
babasolution:Their corruption is secondary when compared to their foolish communism. |
paramakina202:I told you that your yeast is the least productive and number 1 federal government pikin and all you can think of is trying to measure your clit you call prik with the Yorubas. Ha! |
gidgiddy:So you expect to get this your Biafra and still be allowed to roam in Nigeria ? Which properties do you have sef? You guys are in no way serious about this your Biafra nonesense. |
paramakina202:Whataboutism Oyo is in the top range with Delta state. It's this foolishness that is fueling ineptitude in that your barren yeast that has added terrorism to its basket case of troubles. If your governors had to rely on their own tax base to run their states , do you think they will not do everything to keep the peace and attract investors ? Take Zamfara that has proven gold reserves that for some reason successive governors are not willing to attract investors to come and mine it. Instead the governors have been accused of aiding bandits and illegal miners to mine the gold . This has led to Zamfara being one of the most terrorised states in the country. The governors don't care because at the end of the day , Tax from the productive south will come in the end of the month for them to further loot. Same thing your own governor in Imo is doing as you go about terrorising yourselves down there. Your terrorism has no bearing on state finances as long as it keeps flowing from Abuja . So if you like continue. Your crooked governors are there for their pocket and pockets only. If they had to rely on their own tax base do you think your Biafra nonesense or all those rag tag terrorist groups up north won't disappear ? |
paramakina202:I referenced your Imo and yeast because they get far more than they contribute by a wide margin even compared to what the north contributes and receives. Your governors and legislators are all silent because if they make noise it will expose your yeast as the least productive and contributive region and the biggest welfare queens in the polity. |
paramakina202:Search for it here on NL. There's a topic that was done on this tax distribution thing. I am not your errand boy. |
Ringstonermasks:Income tax is not new in Nigeria unless you are working in the grey sector. The bill is only proposing increment in tax rate for those earning above #100,000,000. There's no provision in that bill to increase income tax rates outside that bracket but there's provision to exempt low income earners totally from paying taxes and tax the super earners higher. The main issue isn't the tax rate but reforming the sharing formula to have states keep 50% of their taxes. How can you be working in Lagos and your tax is going to UGM camp in Imo? Does that make sense? What will then motivate these governors that sit down collecting allocations from the FG every month to fix their states ? This is why northern and SE governors could care less if their states are burning when free money from Lagos , Rivers , Oyo, Ogun and Delta will arrive without fail at the end of the month? |
paramakina202:They are contributing far more than any of your yeast states but getting far less. Oyo is up there in the top 3 tax generating states after Lagos and Rivers. There's a thread here on NL that broke down the tax generating states and how much they got back from the FG. The yeast remains the least contributing zone in the federation but has the highest return from federal allocations ranging from 800 to 1,000% among the five states. |
Ringstonermasks:The increase in tax rate is for those earning above #100,000,000 annually set at 25%. Do you fall under this category ? I believe the answer is a no. Secondly the bill scraps taxing anyone earning below #1,000,000 annually. But that's not why the north is crying. The north will care less if you even tax people down south earning less than #100,000 annually at 60% rate. This is because the existing sharing formula benefits the north and the yeast who have next to zero tax base and rely on other productive and proactive tax base states. Even at the same sharing formula , the north and yeast won't complain if the tax rate is doubled because that will translate to double their share from the current sharing formula. Do you now understand why both the north and yeast are against the reforms ? |
alanto:
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OP have you heard of Venezuela? They have the largest oil reserves in the world but are dirt poor. They share three unique traits with Nigeria 1. Socialism : Venezualans want free stuff from their government and expect it so they keep having communists in power. Nigeria practices a form of socialism with the federal government expected to play the role of everybody papa. 2. A huge mass of very low iQ population that sees 1) above as their rights. 3. They all forgot about going about building their lives because of "we oyel". Do you know that the US, Norway and Canada produce more oil than we do but you don't see Americans all lining up for their cut. |
Ringstonermasks:The bill is meant to reform the current tax and vat law to enable states keep 50% of what they generate . Currently , the sharing formula considers population and landmass in distributing tax revenue . For example, the SE got 900% of what they generated. Imo state generated only #325mil for the year ending 2023 but got #34bn from the federal purse. This represents an over 1,000% returns to Imo state. The north is being openly honest that they will all go bankrupt if the reforms scale through but the yeast that even for some odd reason gets a much higher return are l spreading lies on why they oppose the bill citing that the bill specifically targets their petty traders that are scattered everywhere and who are considered outside the organised sector. Note that Lagos, Rivers, Ogun, Oyo and Delta contributed the highest amount to the tax revenue base and all that money was gotten from the organised sector. Instead for these ibos to be sincere like the north and tell us that if the bill scales through their parasitic states will go bankrupt, they are allover social media spreading lies on what the bill intends to achieve which is true fiscal autonomy and responsibility to states. |
gidgiddy:You have been saying that for ages. What is stopping you all to fck off back to your yeast and remain there ? Is anyone holding you in Nigeria ? |
Broveens42:Yea, ye took up the tabernacle of Moloch, and the star of your god Remphan, figures which ye made to worship them: and I will carry you away beyond Babylon. Acts 7:42-43, 26 But ye have borne the tabernacle of your Moloch and Chiun your images, the star of your god, which ye made to yourselves. 27 Therefore will I cause you to go into captivity beyond Damascus, saith the Lord, whose name is The God of hosts. Amos 5:25-27 The so-called star of David is not of David nor his son Solomon but rather a symbol to Molech whom the Canaanite Edomites that followed the children of Israel out of Babylon imposed on them and forced the first fruit offering of their children to Baal. That symbol is the most satanic imagery out there second only to the pentagram. Continue with your foolishness. You have fully adopted satanism as your religion and that's why your region is burning.
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Obidient Wanderers loading. Which party will they both go and hijack now against 2027 for I am sure as hell that PDP isn't giving Atiku the ticket . |
Amumaigwe:Another imbe 0su joins the thread. The tax reform bill is calling for states to keep taxes generated within their states instead of having it shared to you in the unproductive poverty yeast. |
Frigga13:Bianca the Queen of Biafra is serving Emilokan Obi is in Yola kneeling to Atiku a Fulani man to forgive him and pick him as his running mate come 2027. Your Kanu is chopping weaveal beans. Ekpa is sitting his ass in a finish Prison. Your yeast is burning . You are the joke . |
Frigga13:Is there any brain in that your oversized mishaped head to understand sense? |
Frigga13:Osuegbe, are you going to vote Atiku in 2027 like I did in the last elections ? Your obi has gone to beg Atiku to make him VP running mate. I will love to see how you idiots will start singing praises for a Fulani man come 2027. Confused bingos |
Frigga13:You no get talk. You are here trying to play identity politics but when it's turned on you , you will be crying tribalism. Osuegbe |
Frigga13:Wike sef is from Ogbomosho Idiot. |
Bump |
Igboid:Which neutral position? You that collects a 1,000% more than you contribute can not be neutral. Parasites. |
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