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Celebrities / Re: Destiny Etiko Transformed Her Childhood Home Into A Luxurious Mansion (video) by joey150(m): 10:12pm On Dec 27, 2021 |
UyaiIncomparabl:If them show you, you go gree pass? |
Fashion / Re: Comfort Iraya Emerges Most Beautiful Girl In Abuja 2021 (Pictures) by joey150(m): 3:26pm On Dec 18, 2021 |
I don f up. If I know say na Alex report thread I for no open am. Unnecessary pictures everywhere. 27 Likes 2 Shares |
Car Talk / Re: Maintenance Tips On Cars. by joey150(m): 4:49pm On Dec 16, 2021 |
Any help or ideas would help. The key fob on a lexus rx 300 suddenly stopped working. I had a fix done on one of the windows that wasn't winding down only to get home to discover that pressing the remote keys does nothing. I am positive that the remote battery isn't dead. Any ideas or pointers would really help. |
Nairaland / General / Re: Mention One Mistake You Made That Cost You Alot In Life. by joey150(m): 10:00am On Dec 14, 2021 |
Homeandaway: This is indeed sad. I hope you don't stop being a nice person. I usually have a safe or locked room that can only be accessed by me when I have anybody other than my close family in my house. 4 Likes |
Politics / Re: Finance Bill: FG Seeks To Make Amazon, Others VAT Collectors by joey150(m): 4:20am On Dec 14, 2021 |
triple996: What do the mods in this forum do? It has become a hotbed and complicit channel for tribal vitriol and clashes. Seun, you have to really step up to the task and take a firm stance against comments and users like this. 64 Likes 3 Shares |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:53pm On Dec 09, 2021 |
philip0906:I've only laid out a simple concept, that taxes tend to promote accountability. This isn't a first or third world concept, it's a fact. People care where their money goes. According to your link, 98% of Nigerians paid taxes to 'non-state actors'. Like I mentioned before, these 'taxes' are often paid to charlatans and are merely seen by those that pay it as "the cost of doing business." They have no knowledge where it ends up. How can such people demand accountability from anybody, let alone the government? If you pay a fee to a local mafia or non-state actor to avoid being harassed or allowed to do business, can you regard it as the income tax a citizen pays to the government as a contribution to the betterment of their society? Is the intent behind paying an income tax and paying a fraudulent levy to some local slum lord to allow you carry out your business the same? My point is taxation that is removed from the income of people and is paid by citizens as their contribution to the growth of their country, often encourages them to hold their government accountable. Petty traders and artisans that are often cajoled to pay fraudulent levies don't see it as their contribution to their country's growth and hence don't treat it as such. Why the government chooses to ignore this daylight robbery is a different matter entirely. We need a tax system that is both transparent and widespread. Then, people know what their money is used for and who to question. |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 5:00pm On Dec 09, 2021 |
philip0906: You said you pay nearly all your income to the government. I don't have the energy to go back to the quote. I kept pushing for you to explain what that meant. Alas, you never did. The concept of taxation to increase accountability is simple. if someone directly funds or finances something, they tend to care and pay more attention to it. It's not rocket science. If I build a house with my money, I will ensure that my tenants don't put my house in danger. If I pay my mechanic to fix my car, I will ensure he has used the money I gave him to buy the required parts he charged me for. etc. I care about these things because my money is involved. If most citizens pay taxes, they will ensure or at least try to ensure that the roads, schools, hospitals, power, etc that their money was supposed to finance is built. This is common sense. We've gone back and forth to explain a simple concept. People care where their money goes. Tell Nigerians somebody stole 100 Billion naira of public funds and they don't care. Why should they? Have they contributed directly to the 100 billion, NO! Lol. I am tired of explaining. Perhaps I should refer you to books if you still don't get it. |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 4:08pm On Dec 09, 2021 |
philip0906: You pay taxes on your side hustle and salary job, how is that a bad thing? Aren't you supposed to pay taxes? Is the said taxes your entire earnings? I wanted to get to the bottom of that allegation you made, and I am not surprised that there's zero truth to it. It is tax. Call it whatever, it is tax. Simple definition of tax tells me that those monies, under whatever guise, is tax. Our fore fathers paid taxes on their income/goods/wares sold before the advent of economic textbooks that taught you these theories you want to die on, maybe you'll argue that it was never tax. Haha. Nothing is ever on Nigerians. Well, except poverty which we seem to be wearing with pride these days. I am sure the bribe and 'egunje' we pay to policemen are security votes and taxes too, Good for you. So let's see how your "caring" changes anything. Until it takes more than one person to 'care,' Nigeria will remain the poverty capital of the world. People deserve the leaders they get. You think it's a mystery that Buhari ruled us for eight years and then Tinubu is gearing up to continue? Nah. We are all hapless. You have a great evening sire. |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 3:46pm On Dec 09, 2021 |
philip0906: Define this money you already pay to the government. I am asking not for argument's sake, I am asking to also know. If something like this exists I would love to know how. Don't die on this hill, my friend. I can assure you that many small scale businesses pay anything from 20-40% of their earnings to government agencies. Step out of your house, enter a keke/bus and ask them how much they pay to NURTW on a daily basis...For many, it's up to 40% of what they earn. So don't go that sneaky route of 200 naira. The question is, 200 naira is % of what? If I earn 2.5 thousand naira daily but end up paying 500 to local council, isn't that up to 20% of my income?I told you initially, that I will not classify money paid illegally, but somehow endorsed by the government as "income tax." Call it what you will, but it simply isn't tax. Call it corruption or thuggery levy, but it's not an income tax. You can assure me? of course, you can't assure me that most small business people pay income taxes. Because Only about 22% of Nigerians officially pay taxes (A huge chunk of which are salary earners and those employed by the government). I pay taxes and so I care. I look at my payslip and I cringe. Because all that money is mostly financing the lifestyle of flamboyant and corrupt government officials. Now, I wish 180 million Nigerians also felt the same way. |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 3:10pm On Dec 09, 2021 |
philip0906: This is exactly my question. How do you already pay money equivalent to your income to the government? You're indicting the government, simple!!!!! If you claim that representatives of government, collect illegal, pointless etc fees, you're clearly alluding to my point. So you should hold the government accountable and they should be the ones to clean up their mess, not hapless Nigerians. Of course, I am indicting the government here. I should hold the government responsible? People say this like it's one person's duty to do this. Like the citizens don't have a right to hold supposedly elected people to account? Like it's the job of whoever protests against the status quo. Nigerians are hapless!! Cant you see all 180 million of us flocking to churches on sunday and mosques on firday hoping Mohammed and Jesus form a superhero collaboration to rescue us from our alien enemies in government houses. We are truly in a very unhelpable situation. If an akara woman pays 500 naira to an irresponsible government who can't account for that 500 naira, how do you then convince such woman to pay 24% of her earnings, under the useless guise of An Akara woman pays 500, mainly as a cost of doing business. To her, it's not a tax levy. It's a fee she has to pay to do business in a very corrupt country. Why should she bother about who the 500 naira goes too? The government has institutionalised corruption and the citizens are abating and feeding the same system that is killing them. The point of taxes is that it hits a considerable amount of your income that FORCES you to care when an irresposible government decides to toil with what is supposed to be a chunk of your hard-earned money. It forces all of us to say, NO, we will not finance stupid government expenditure and hedonistic habits anymore. We are going to either boot you all out in 4 years, make you change or force you to resign now. [BTW, your example of 500 naira levy on 15k daily, is a crafty one. You're trying to portray the akara woman as not paying the equivalent of her income, when you know this is NOT always true. It's not me being crafty, it's the truth. Most people, especially those who aren't salary earners (A number that accounts for most of the working population) do not pay taxes that are even remotely commensurate with their earnings. You cannot convince me that a 200 naira or 500 naira levy is the same as a 15-20% income tax. Churches even arguably make more money from tithes than the government from taxes. . And in a way I think the government enjoys the fact that they can run the country on petro-dollars, because then the citizens cannot hold them accountable for anything. They basically didn't steal our money, it's oil money. Tough times ahead, Nigerians will learn the hard way. 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 12:31pm On Dec 09, 2021 |
philip0906: Kindly explain how you pay nearly all the money you earn to your government? I agree. The focus should then be on the government ensuring productivity and industralisation. You're still confusing yourself. If government decides to appoint NURTW to collect taxes from Nigerians, does it make it any less of taxation? You're stuck in all the semantics. Any monies that individuals pay on their income using whatever principle, is simply TAX. The tricycle rider, pays a fraction of his income to the NURTW daily. The akara seller pays a fraction of her income selling akara to the Local council daily/weekly. Any grammar or way Joey wants to twist this fact, that I'm taxed already, is your business. 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 The NURTW, Local Council who collect these levies, are all part of the government. Then the government is a running an organised crime ring to rob its own people. Call it what it is! This should be your argument not argue the definition of taxes. Where does the NURTW fee levied on okada riders/tricycle riders go to? Where does the weekly levy paid by the akara seller to the local council go to? I don't need to be an economics major to know that simple automation/process improvement by the tax bodies on those monies paid by the tricycle rider/akara seller is collected at a central/accountable point. But No, let us leave Mc Oluomo to continue to use okada/marwa riders money to fund the luxurious lifestyle of his concubines and turn around to scream that Nigerians don't pay tax. Nonsense!! 2 Likes 1 Share |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 12:24pm On Dec 09, 2021 |
lexy2014: https://nairametrics.com/2021/10/09/only-41-million-nigerians-pay-tax-firs/ 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 12:24pm On Dec 09, 2021 |
abbeyfel: Paying taxes does not "automatically" mean a better life...YES. BUT Paying taxes forces the government to be more accountable to its population. Because, once a majority of the population pays taxes, they tend to demand better governance. 3 Likes 2 Shares |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 12:19pm On Dec 09, 2021 |
lexy2014: https://nairametrics.com/2021/10/09/only-41-million-nigerians-pay-tax-firs/ 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 10:46am On Dec 09, 2021 |
abbeyfel: VAT is paid globally. Is it only Nigerians that pay VAT? Taxes are normal. Every person earning an income should normally pay tax. The problem is that our tax system is very inefficient and most people end up not paying taxes at all. Yes, the government is trying to be clever by half by taxing us for making deposits in banks. But that's because they've been unable to properly tax most of the working population. My point is, taxes are not a bad thing. It's fundamental for running a sane society. 2 Likes 1 Share |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 10:41am On Dec 09, 2021 |
Evercurious: I give you a chance to impress and yet you unsuprisingly disappoint yourself. All these noise and insults on top your empty brain. You need help ma. |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 10:40am On Dec 09, 2021 |
abbeyfel: Why do okada men suddenly revolt when their local transport union increase their daily levy from say 200 to 500 one morning? People care deeply about money that directly enters their pocket. It's the same everywhere from the time of Jesus till now. I agree with you. We need to have an employed and productive population to tax them. But even at that, a significant amount of Nigerians, especially those that aren't salary earners still don't pay taxes. And many think it's wrong to tax them. We've been running this country mainly on proceeds from oil, and look how far it got us. 2 Likes 1 Share |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 10:35am On Dec 09, 2021 |
Evercurious: Stop being stupid. About 20% of my income is deducted as tax. Salary earners are taxed by their employers. Does that mean that they still don't have to pay VAT or other forms of applicable taxes? Are you being double taxed? If yes, how? Do explain and this time do it intelligently. |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 10:31am On Dec 09, 2021 |
philip0906: 1. Tax is Tax. They obviously all serve the same puprose. My point being that there are different forms and kind of taxes. So, just because a business man pays VAT and not income tax, doesn't mean he's a part of the taxable population. He still doesn't pay income tax. That being said, a bulk of Nigeria's "informal" sector still don't pay tax. 2. As long as we don't industrialise and get more of our population employed so we can tax them, we'll be stuck in this rut. Again, emphasises my point. If most people are underemployed and poor, and by extension, pay no taxes, they have no direct connection with the government. Basically, they don't contribute in anyway, and are thus generally unbothered about governance. 3. You don't pay 'taxes' to sell Akara. You pay taxes on your income from selling Akara. I have no idea what the levies those people are asked to pay. Regardless, it's not a form of "tax". At least, none that is legally recognised. The summary being that our taxation system is riddled with corruption and very inefficient. Any country that depends solely on a natural resource like we do, will always suffer from Dutch disease. 2 Likes 1 Share |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 10:21am On Dec 09, 2021 |
Evercurious: Please stop being stupid. You're too far gone already. |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:57am On Dec 09, 2021 |
luizpippo: I understand your sentiments. But, trust me, people will always revolt sooner rather than later If they feel their own money, personal income made, not oil money, is being spent lavishly by those in authority. How did you think most monarchies failed or most revolution began? Nigerians on their own part must also begin to elect better leaders and participate in democracy. There's no point paying taxes and electing crooks. It's like allowing goats guard your yams. 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:52am On Dec 09, 2021 |
lexy2014: Sigh. Okay. 1. By participation, I mean the people holding their government accountable. 2. When people pay tax or are correctly taxed, they tend to be more concerned about what their tax money is used for. 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:49am On Dec 09, 2021 |
lexy2014: I'm not going to answer specifics about the Nigeria tax system. You have the FIRS and state councils for that. I've just basically explained how VAT, council tax and income tax are different forms of taxes. To simplify things: Vat = tax placed on consumer goods. Local council tax = Tax often placed on properties/residents in a particular precinct or local area. Income tax = Tax placed on the income you make. 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:44am On Dec 09, 2021 |
lexy2014: I have answered you. If you still don't get it, then that's on you. 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:43am On Dec 09, 2021 |
luizpippo: Clever by half? If the citizens all pay tax and choose to allow their government swindle them, then the joke is on them. People get the leaders they deserve. |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:42am On Dec 09, 2021 |
lexy2014: Value added tax = Tax you pay on a commodity. For instance, you need to have bought an item to pay this tax. Local government Council tax = Tax usually placed on each property in a certain council or local area. This tax is paid to your local council for the general maintenance of the community. Income tax = Tax placed on the income you make. There are several other kinds of taxes. But they are all different. 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:34am On Dec 09, 2021 |
lexy2014: There's a direct corellation betweem tax payments and citizen participation in governance. Everybody, or at least, most people care where their money goes. So, tax them and they suddenly begin to care. Accountability increases. Nigeria is largely ran on proceeds from oil. We run a rent free economy. This means that the people are detached from governance because most of them don't realise or see how they directly contribute to the affairs of the country. This means that the government can choose to swindle the people. As a citizen of Nigeria do you know how much barrel of oil Nigeria refines daily? Do you know how much it earns from these exports? You probably don't. Nigeria is largely ran with oil proceeds and not taxes. Which is why we are finding it strange to be taxed by the government. Organised societies run heavily on taxes and the citizens demand that their tax money is spent judiciously. 1 Like 1 Share |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:28am On Dec 09, 2021 |
philip0906: A greater number of the population don't pay tax. Your local government council tax, VAT and the likes is different from income tax (which only salary earners pay). Also, most of the informal taxes are usually illegal and end up in private pockets. 1 Like |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:25am On Dec 09, 2021 |
Easy5265: Most Nigerians still don't pay tax. That's why when someone steals 50 billion nobody cares but once you add 50 naira to fuel everybody comes out to protest. 1 Like 1 Share |
Politics / Re: No Tax Identification Number (TIN), No Bank Account - Finance Bill by joey150(m): 9:21am On Dec 09, 2021 |
tungamaje: Don't you get it? If more people paid taxes we would have more participation of the populace in government. Most people don't care because they don't pay tax. If people cared enough Nigeria would be sane. 2 Likes |
Business / Re: A Loan App Is Threatening Me! Help! by joey150(m): 9:50am On Nov 30, 2021 |
joyandfaith: Wrong, maybe. Illegal, no. |
Business / Re: A Loan App Is Threatening Me! Help! by joey150(m): 9:16am On Nov 30, 2021 |
joyandfaith: Loan shark is rather a broad term. These loan agencies are actually not "loan sharks" in the true sense of the word. The term is generally used to refer to loan agencies that charge high interest rates for loans. The real loan sharks have no business sending you messages, they'll find you and beat the crap out of you when you owe. These loan agencies offer a service, like every other business. They pay taxes and they are registered with the government. Everything they do is somewhere in the fine print of their contract, people just don't bother to read. 2 Likes |
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