₦airaland Forum

nedu666:
How many people earn 100 million monthly in Nigeria

ksix:
So just like that, I will relinquish my 25m out of my 100m monthly earning to the government.
Naawaaaoooo.
If to say na government train me in school, skill or gave me capital for my business I for no complain.

Akfrenzy:
they'll still find a way to maneuver it and push it to common Nigerians


Ask urself how much tax waivers these politicians and their companies are getting yearly. Especially Dangote, MTN, Glo, UBA etc

Dialpad:
A lot, remember that's less than 15million monthly.... less than $9000 monthly.


Government is talking about annual not monthly

ogashman:
Rubbish move as usual....

If I make #100 million, u go come collect 25 million.

Thieves

xperiencelove:
25% of 100m monthly income and above, still fear. My only fear is was it not going to be embezzled? Will it be used for development? It is well.

Christ4ever:
Are you a Nigerian or you are one of the new online bot?

The way you people defend this useless government baffles me.

How much were you paid to throw away your conscience?

Nwaokunkpara:
This doesn't stop the suffering

Akfrenzy:
■ they'll still find a way to maneuver it and push it to common Nigerians. Ask urself how much tax waivers these politicians and their companies are getting yearly. Especially Dangote, MTN, Glo, UBA etc

richmond500:
You should read the article, go t is talking about monthly.

Dialpad:
Is that not too much, is taxing the citizens the only way government can generate revenue?

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Sounds to me like a lazy approach.

It was in the news today that Nigerian have lithium sold for dirt cheap by locals to Chinese.

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Why can't the government tap into other areas that can generate revenue but requires work.

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Outsourcing

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Mineral resources

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Agriculture ETC

lawrenzooo:
The question is how many people legally make 100M per month....

Dialpad:
I apologize.... thought I read it somewhere else talking about annual

blackmantis:
So I earn 100m you want to use tax and kill my business despite the hash terrain and the other multiple taxes being collected.

postbox:
SOURCE:https://brandspurng.com/2024/10/16/federal-government-to-fix-personal-income-tax-rate-at-25-for-n100-million-earners/

Astromania:
Extorting 25% from hardworking ppl all in d name of tax, is a crime

postbox:
SOURCE:https://brandspurng.com/2024/10/16/federal-government-to-fix-personal-income-tax-rate-at-25-for-n100-million-earners/

Babangidapikin:
Don't go beyond 20% or CEO will be collecting equity bonus and small pay ... Even Churches won't see Tithe, Mosques won't see Fisabililia ... Motivation will be reduce too...

NothingDoMe:
How can 90% of tax payer be wrongly taxed? Makes no sense. Everyone should pay tax no matter how small.

Buhari Media Crew should have paid 3k from their 30k as tax. Everyone should support the growth of Nigeria.

richmond500:
Them plenty.

richmond500:
no, it won't, USA have state tax, federal tax and county tax I believe and some federal tax go as high as 37%.

lawrenzooo:
Name Just 3 category of people earning N100M legitimately.

AceRoyal:
Tax! Tax!! Tax!!!

25% tax is criminal no matter how we want to justify it, especially when the government is doing little or nothing to help businesses grow or contribute directly or indirectly to the success of these individuals.

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Even the rich will also cry!

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No focus on human capital or infrastructural development.

No focus on cutting down cost of governance.

No focus on clamping down on corruption.

All the tax, multiple loans, revenue from other sources and supposed savings on subsidy removal..... ABSOLUTELY NOTHING TO SHOW FOR IT!

I dare anyone to mention just one thing the common man presently benefits or enjoy from the government.

It's sad, painful and pathetic.