plaindealer:


Tax money is what the government uses to improve quality of life, but I do understand that such concept is foreign to you and above your pay grade.

How many lives have they been able to improve with the oil wealth from 1970 till date??

What now makes you think the one they will get from tax will be utilized to improve your quality of life or are you just flowing with the usuaal ethnoreligious sentiments?

[brother please don't end it...your life is what more. Don't loose hope]

Am just tired.

Person fit just end it all for this hard economy honestly. I want to end it all[/quote]

LAXconfidential:


Am just tired.

Person fit just end it all for this hard economy honestly. I want to end it all

Please do...

Make we know the number of us wey remain.

You want lagos to be like new york and you want Nigeria to be like the uk and you don't want to pay tax?... are you not mad... what you should be worried about is how the money will be spend.. u pay tax in another man land and you complain about tax in ur own country..

ZombidiotFools:


Nigeria would have been Canada if obidiott won?

Clap for yourself.

Not right away my friend. It would be fictitious to assume such astronomical growth is attainable in his first few months. Yet I am convinced that life as a Nigerian would've been a lot more better and you know it.

ZombidiotFools:




Wailers, keep wailing.

We Nigerians are solidly behind Tinubu.


You will wail till next 8 years, just like you wailed throughout Buhari's Tenure.

Wow so nairaland don de implement all this Twitter bots. These ones are configured to condemn all that seek good governance. AI is taking over

plaindealer:


Tax money is what the government uses to improve quality of life, but I do understand that such concept is foreign to you and above your pay grade.

What exactly has Tinubu improved in the last month to tax Nigerians?

Another Alpha Beta in the making. The only difference is that this is bigger so more money for oga at the top and his loyalists

Everywhere just choke..

ZombidiotFools:


Nigeria would have been Canada if obidiott won?

Clap for yourself.

Obi will not do all this nonsense ur bastard Tinubu is doing. He just bring Buhari back jor. Tax collector.

leisuretym:


Toh what?

Owo da??

Owo da before I scatter your market?

Ilekokonit:


Alpha Beta Tinubu's front company is already the Tax collector for Lagos, Oyo and maybe even all the SW states.

Its a matter of time before Tinubu extends his greedy fingers to all 36 states.

That's partly how Tinubu made his dodgy billions. Also don't forget how Tinubu used his son Seyi to hide behind a company and buy one of Deziani's mansions in London which Deviani bought with looted funds.

I've never seen a country where people are taxed a fixed amount without a Tax assessment but that is what happens in Tinubu's Lagos a state that has been under captivity to Tinubu for the past 24 years.

In Lagos, all artisans (mainly poor daily earners) were forcefully brought into the tax net to pay an arbitrary fixed sum monthly / yearly with failure to pay meaning a lot of services from Lagos state government are denied to the artisan.

Lets just say that the Nigerian Treasury is in trouble in Tinubu's hands and I wouldn't be surprised if Tinubu is already richer than Nigeria in just 1 month in power.

Who are the "we"? Keep deceiving yourself!!!

ZombidiotFools:




Wailers, keep wailing.

We Nigerians are solidly behind Tinubu.


You will wail till next 8 years, just like you wailed throughout Buhari's Tenure.

FG so far has been parasitic until further notice.

mdshell:
Who are the "we"? Keep deceiving yourself!!!

We Genuine Nigerians, not Beerfraud.

SemperFid:


Wow so nairaland don de implement all this Twitter bots. These ones are configured to condemn all that seek good governance. AI is taking over

Na your Papa be Bot.

You people always wish bad for the country, allow Tinubu to spend at least 2 years before condemning him.

Lol. And you guys still don't want them to go?? Lol

ZombidiotFools:


We Genuine Nigerians, not Beerfraud.

ZombidiotFools:


Na your Papa be Bot.

You people always wish bad for the country, allow Tinubu to spend at least 2 years before condemning him.

Lol bot de speak pidgin English?

Ur father is a useless idiot

This is what happens when you never had any idea on how to tackle the economic problems of Nigeria but you want to be president by all means as if it will give you eternal life
Stealing people's money all in the name of tax

loswhite:
What are they doing for the informal sector?

Tax as a civic responsibility and law is not conditional. There is no 'if I don't get this from government, I won't pay'. Because if it is established that there is tax avoidance, there is a penalty. Having said that, it is the responsibility of government to make judicious use of tax collected for the benefit of all.

tejpot:

Tax as a civic responsibility and law is not conditional. There is no 'if I don't get this from government, I won't pay'. Because if it is established that there is tax avoidance, there is a penalty. Having said that, it is the responsibility of government to make judicious use of tax collected for the benefit of all.

Go and check for the definition of informal sectors. The Government failure is responsible for the informal sector. The government cannot come reap where they did not sow. If you want the informal sector to pay taxes then you must look for a way to incorporate them.

seguno2:


Is there no minimum income bracket for taxes
What do the informal sector people get for paying taxes, and the tax collected on their behalf from businesses and the federal allocation plus loans?

Do they get free education and basic healthcare

When the informal sector is mentioned, it does not normally translate to low income earners. Some of this informal sector business owners turnover in millions daily. But because the system is not structured to accommodate them or lack of database in general, many operate without remitting their taxes. Anyone going into business must be aware of the relevant tax laws applicable to their business.
Like I said in an earlier post, tax law is not conditional, you don't predicate your payment on how well the government use the fund. Even though it may sound logical to say, but when the law finds you wanting, thats not an acceptable excuse legally. It is also within the right of every tax payer to continually demand for government accountability.


As stated in the write up, the informal sector is simply a vehicle for VAT remittance. In this case, they are acting as agents of collection.

Reinaldo:


Tax the hungry. Well done

Tax assessment to informal sector is commiserate with gross income. Many of them are even exempt from tax payment as long as their Gross income is less than 300k based on the 2021 financial act. Meanwhile the informal sector also rakes in millions per day. Some of the businesses are not for poor or hungry people.

loswhite:
Go and check for the definition of informal sectors. The Government failure is responsible for the informal sector. The government cannot come reap where they did not sow. If you want the informal sector to pay taxes then you must look for a way to incorporate them.

You don't know what constitute the informal sector and I am making sure you understand that. You can decide to check dictionary for informal sector. But a carpenter selling 2 by 10 plank in sawmill and making up to 20 million a day is informal sector by virtue of that business. It is informal sector but the turnover is huge. On the other hand, you don't get to decide for the government where they will collect tax, the law has given them that power. So its not what you and I think. Its what the law says.

tejpot:

You don't know what constitute the informal sector and I am making sure you understand that. You can decide to check dictionary for informal sector. But a carpenter selling 2 by 10 plank in sawmill and making up to 20 million a day is informal sector by virtue of that business. It is informal sector but the turnover is huge. On the other hand, you don't get to decide for the government where they will collect tax, the law has given them that power. So its not what you and I think. Its what the law says.

I understand what constitute the informal sector. A house help a market woman selling fish and Maggie also constitute the informal sector. You just jump to selling plank 20 million per day...Calm down oga.

loswhite:
I understand what constitute the informal sector. A house help a market woman selling fish and Maggie also constitute the informal sector. You just jump to selling plank 20 million per day...Calm down oga.

So you want me to explain this part
It is informal sector but the turnover is huge, does that not tell you that there are people that make far less? Now that you and I have agreed on what constitute informal sector. If the informal sector can boast of individuals with large income brackets or business turnover, is that not a good source of revenue? Should the government turn a blind sight to that?
I can tell you from experience that, most times, it is not the money from the people selling maggi, small small pepper cowbell etc does not justify the cost of payment enforcement. Most times, it is the amount of relatives or like-businesses that comes into tax net from such drive that makes the whole process profitable. The whole idea is for businesses to be more fiscally responsible and be aware of prevailing tax laws and how they can even take advantages of tax reliefs for their businessses.

tejpot:

So you want me to explain this part
It is informal sector but the turnover is huge, does that not tell you that there are people that make far less? Now that you and I have agreed on what constitute informal sector. If the informal sector can boast of individuals with large income brackets or business turnover, is that not a good source of revenue? Should the government turn a blind sight to that?
I can tell you from experience that, most times, it is not the money from the people selling maggi, small small pepper cowbell etc does not justify the cost of payment enforcement. Most times, it is the amount of relatives or like-businesses that comes into tax net from such drive that makes the whole process profitable. The whole idea is for businesses to be more fiscally responsible and be aware of prevailing tax laws and how they can even take advantages of tax reliefs for their businessses.

All this English for make sense for Government when get sense not bunch of looters that is my point.