₦airaland Forum

Tonytonex:
■ Tinubu is wicked and heartless leader. all the subsidies wey him remove no do am? He still wants to add more and increase more taxes with the current hardship people are facing.
However, I'm in support of the tax reform. Cause, some people want to reap where they didn't sow.

I am equally not against tax reforms either. What I am against however is giving credit where credit is not due which seems to be all this administration has been banking. Taxes were not introduced to Nigeria by Tinubu, and most of his tax policies have yet to be implemented. So it is erroneous to claim that taxes are currently paying off anything in that country when tax revenue of old has not been able to do that before now. Couple that fact with the fact that the Naira has been severely devalued meaning whatever amount Nigerians once paid is now devalued by more than a 3rd, and you immediately see how claiming tax money has been paying off Nigeria's debts is near impossible.

Kobojunkie:
I am equally not against tax reforms either. What I am against however is giving credit where credit is not due which seems to be all this administration has been banking. Taxes were not introduced to Nigeria by Tinubu, and most of his tax policies have yet to be implemented. So it is erroneous to claim that taxes are currently paying off anything in that country when tax revenue of old has not been able to do that before now. Couple that fact with the fact that the Naira has been severely devalued meaning whatever amount Nigerians once paid is now devalued by more than a 3rd, and you immediately see how claiming tax money has been paying off Nigeria's debts is near impossible.

The devalue of the Naira is his doing. More than 100% devalued on his tenure.