₦airaland Forum

lawani:
Before a country can work very well, half of the GDP must be taken as taxes

Ponder what you wrote for a minute and see if it makes any sense. You want to tax your way to prosperity like BAT.
Why not simply say that the government should take all incomes. That's a better idea.

This is what I keep talking about...! We are shouting more tax and more tax.

No one is talking about transparency, accountability and a corrupt-free system of using revenue strictly for national good.

For over 6 decades since Independence, Nigerian revenue has been largely shared by a privileged few.


Even a child in UK, U.S and Canada joyfully pays taxes... This is because he or she can personally be given detailed account of what his tax is used for.

raumdeuter:
This is a false representation

What tax bracket in UK pays 25% as taxes

25% taxes in UK is likely the lower earners now compare the lower earners in UK to those in Nigeria and see what their tax bracket is in Nigeria

the average income in uk is about 33k a year. Which falls into that 25% bracket

A lot of immigrants are always full of praise of their host countries. I’m sure people from Togo living in Nigeria are also happy with the situation of the country.

Ask someone who was born and grew up in the UK what he thinks about their government.

lawani:
Before a country can work very well, half of the GDP must be taken as taxes

As long as they stop using the Taxes to provide luxury SUV's for themselves, using it to buy luxury Yatch, Privates Jets and Mansions in foreign Countries like Florida, for themselves and their Children.

Nobody minds paying Tax, infact, it is a Crime not to pay your Tax but we mind about our Taxes are being used to fund extravagant lifestyles of Political office Holders and their retinue of lovers in Malta and other Countries.

Imagine if our Tax is used to build Stable Power and Nigeria can boast of say 55,000 MW of Electricity like South Africa, instead of the always collapsing Grid of 5,000MW we have been having in Nigeria for the last 25years, despite Billions of Dollars of our Taxes looted for 'providing power' and increase from #55 to over #250 per KW we are paying!

The new tax system is progressive. No matter what you make, you don’t pay tax on the first 800k. If you make 1.2m annually, you only pay 15% tax on 400k.

The new tax is a reduction of the tax burden on the poorest in the society. Minimum wage earners will pay less tax than they pay now.

lawani:
Before a country can work very well, half of the GDP must be taken as taxes

if all the oil money and natural resources could not make nigeria work very well, how then will collecting peoples money in the name of taxes make nigeria work very well?

You can keep your UK, I will rather stay in my village in Ondo state eating pounded yam and drinking fresh palmwine than to stay in that nonsense UK.

eazzzy1:
The new tax system is progressive. No matter what you make, you don’t pay tax on the first 800k. If you make 1.2m annually, you only pay 15% tax on 400k.

The new tax is a reduction of the tax burden on the poorest in the society. Minimum wage earners will pay less tax than they pay now.

is it whether the tax is progressive or not or is it if the tax is necessary seeing that the government has not been judicious in using other revenue at its disposal?

Sirmwill:
There's no difference

Anyone who actually has sense would notice

do they pay his children here

eazzzy1:
A lot of immigrants are always full of praise of their host countries. I’m sure people from Togo living in Nigeria are also happy with the situation of the country.

Ask someone who was born and grew up in the UK what he thinks about their government.

Sleep and Kpai-Die, are not the same thing.

Someone born in the UK can complain about their Prime Minister spending 200GBP on Telephone Bills and will even remove him from Office over it.
But they dont dig individual Boreholes in every House, to get drinking Water, like we do in Nigeria because their Govt provides that Public Utility.
UK people dont complain about "Up Nepa", like we do in Nigeria.
Terrorists cant keep killing UK Policemen in large Numbers, regularly while those in-charge of Security orsit tight in their Office or even have their tenure extended by Presidential fiat.
UK people dont complain about their Prime Minister buying Private jet, Yatch, tens of luxury Vehicles, Private jet, at Public expense, as we do in Nigeria,
Street Roads in the UK dont 'terminate Pregnancies', unlike our own that has Pot-holes that can swallow an SUV.

In the UK, you will get what you pay for, at the very least, but in Nigeria, our Government will increase price by Ten folds and still wont provide the Services you are paying for.

Take Electricity for example, na every Month Grid dey Collapse, yet we are paying more and more for Electricity!
Please, No one should compare 'complaints in the UK', with that of Nigeria......... Wickedness of Leaders get levels.

lawani:
Before a country can work very well, half of the GDP must be taken as taxes

Only if the tax will be used adequately. As it stands now we don't trust our leaders to be transparent with the taxes they receive.

SeeWahala:
You've started now

How much is our minimum wage compared to the UK that you want us to be taxed exactly like they are?

Okay, since our minium wage is low, therefore make we enjoy poor service, since that is what we can afford.

Think about it. You won't accept it if i offer to pay you N40000 to buy a 2012 toyota hilux you might be selling.

And if you call me defender of corrupt politicans, you miss my point.

lawani:
Before a country can work very well, half of the GDP must be taken as taxes

Quite true...and no, I don't support any party. My view on this was formed under PDP and GEJ when tax to gdp was less than 6%. I WAS even surprisedGEJ was not doing more about it.

Tinubu claims to be doing more, but tax to gdp is still below 15%

Nigerians want everything free. As far as I know the USSR was one of the countries to provide everything free for its people....and by the seventies they were borrowing heavily in secret from the IMF and the developed powers. East germany used to do same, and by the eighties they were borrowing from their western neighbour.

The problem is saying this means you are a tinubu supporter. The funny thing is that many of these people would laugh at the idea of a five bedroom house selling for less than N100000 naira, yet that is their real attitude towards cost of things.


As for me, I really wish we could give water, petrol, electricity for free. We gat to many poor people in this country...but the price is heavy loans to pay for all that, and eventual economic collapse. The type that would make tinubulation economy look like the good old days.

wunmi590:


Even me, it better I earn 100k in UK and I pay 50k tax because I will definitely see what I'm paying for, than paying it in Nigeria where it will be looted for their unborn generation

You have said just exactly what the situation will be. The monies will be milked from the hands of the poor and legitimately struggling ones and diverted to the over-fed politicians to squander away as usual.

You better fight for yourselves.

Shawarmagirl:
Thank you OP. Thise who have not been here will say otherwise. Japa for your sake and that of children. The best of Nigeria y'all have been dreaming to see one day is what y'all is witnessing now. That one day Nigeria go better will never come.

If we charged income tax at the rate they do in the UK...which means everyone, including those in the informal sector gets charged half their salary....you will shout oppressor.

UK tax rate is high. It gets higher the richer you get...which is why many rich people are running abroad with their money. Their power bills and water bills are also high...their government does pay a subsidy to the companies, not the consumer subsidy

Even railway..a relative of mine used to take long rail trips for cheap in the 1970's when he was a student in the UK. Ten years ago while visiting friends in the UK, he tried to find out how much a trip from London to Manchester cost...and it was so high, he gave up on the idea.Subsidies on trains were removed in the 1990's

Even education, most UK students take heavy loans to pay their exorbitant fees. Nothing like the subsidised education we got here.

The guy that thinks he is enjoying...does not know that his enjoyment is the result of years and millions of people sacrificing. He thinks UK is Nigeria with better accountability and lesscorruption...but it is also about people paying hefty for the good life. And yes, many brits complain, and yes corruption happens there live.

Sirmwill:
There's no difference

Anyone who actually has sense would notice

And na this same sense wey u nor use see any difference u dey use cross road??

Baba... U dey run on luck ooooo

wunmi590:


Even me, it better I earn 100k in UK and I pay 50k tax because I will definitely see what I'm paying for, than paying it in Nigeria where it will be looted for their unborn generation

LOL...have you ever held your government to account? Have you gone on protests, run for office to change things, etc?

You don't really want change in nigeria. When you do, you will leave this site and make the sacrifices

UK used to be like Naija. For centuries even. That it is good is because people got off their arse and did something. Many passed on without seeing the fruits of their labour.

Most of us Nigerians are too lazy to do that. We just support one side and hope the chop money gets to us.

nairalanda1:
Yes because in Nigeria, less than 30% of the population pays taxes..in the UK it's probably the majority of the population.

And the average Nigerian won't see the problem

Same issue with electricity

The core issue is, the tax being collected so far is hugely misappropriated.

I pay for 4 figures monthly as income tax and national insurance, deducted from my salary as a local government worker here in London and I am not angered because in return, I enjoy and access services my tax is part of the funding.

When commonwealth is grossly mismanaged, the motivation to contribute plunges.

nairalanda1:
Okay, since our minium wage is low, therefore make we enjoy poor service, since that is what we can afford.

Think about it. You won't accept it if i offer to pay you N40000 to buy a 2012 toyota hilux you might be selling.

And if you call me defender of corrupt politicans, you miss my point.

It's not your support or otherwise that puts me off concerning your takes on here . . . it's the way you always PUT THE CART BEFORE THE HORSE

Why not try to at least reduce/tackle the extreme corruption before pushing for a increase in taxation? 🧐

Mindlog:
The core issue is, the tax being collected so far is hugely misappropriated.

I pay for 4 figures monthly as income tax and national insurance, deducted from my salary as a local government worker here in London and I am not angered because in return, I enjoy and access services my tax is part of the funding.

When commonwealth is grossly mismanaged, the motivation to contribute plunges.

Thank you 👏🏾

I taya for that nairalander1 sometimes how can someone be pushing us to pay taxes that will eventually end up squandered or embezzled?

lawani:
It is government that is not serious. It is easy to make everybody pay once you fix minimum wage. If you own a shop you must pay yourself above minimum wage and pay your workers minimum wage on which tax is deductible

I hope you know that what is taxable is your income. For a shop owner this means the profits he makes or reports at the end of the year. Not the capital he used to stock his shop. The tax assessment is even a problem in technologically advanced countries, not to mention a nation like Nigeria.

Trump has boasted many times that he pays zero taxes. He is a billionaire. He has declared bankruptcy 5 to 6 times. Never paid a dime in taxes.

FIRS has a huge task in their hands and lawyers are waiting on the wings to chop heavy on law suits.

Conclusion: PROPER TAX COLLECTION CAN NOT WORK IN NIGERIA. How the hell would you tax the Mallam or Alhaji changing Dollar and Euros all over the country. What is their income?

nairalanda1:
Quite true...and no, I don't support any party. My view on this was formed under PDP and GEJ when tax to gdp was less than 6%. I WAS even surprisedGEJ was not doing more about it.

Tinubu claims to be doing more, but tax to gdp is still below 15%

Nigerians want everything free. As far as I know the USSR was one of the countries to provide everything free for its people....and by the seventies they were borrowing heavily in secret from the IMF and the developed powers. East germany used to do same, and by the eighties they were borrowing from their western neighbour.

The problem is saying this means you are a tinubu supporter. The funny thing is that many of these people would laugh at the idea of a five bedroom house selling for less than N100000 naira, yet that is their real attitude towards cost of things.


As for me, I really wish we could give water, petrol, electricity for free. We gat to many poor people in this country...but the price is heavy loans to pay for all that, and eventual economic collapse. The type that would make tinubulation economy look like the good old days.

Are there not many poor people in the UK? All countries have poor people. What the government does is make sure the poor people are paid well wherever they work so they can be taxed and the money used to develop the country.

Mindlog:
The core issue is, the tax being collected so far is hugely misappropriated.

I pay for 4 figures monthly as income tax and national insurance, deducted from my salary as local government worker here in London and I am not angered because in return, I enjoy and access services my tax is part of the funding.

When commonwealth is grossly mismanaged, the motivation to contribute plunges.

And the core issues also is

1. Less than 30% of Nigerians pay tax. Yes, I am not lying, and I am not saying there is no corruption. The issue is most of us are in the informal sector, where there is no government taxation

2.Most government income comes from oil. Only 1.8m bpd which is enough if we were 1million people, not 230 million

3. Our budgets are so tiny for a nation our size. 30 trillion naira with 148trillion debt . Okay, assuming no corruption, is that enough? No.(30 TRILLION Naira is just 20 billion dollars...or 15 bn pound sterling. For comparison...NHS UK spends something like at least 170 billion pound sterling annually.

The only mismangement I see is that government has not diversified the economy. Yes, corruption is a problem. But it is not the whole story. Nigeria is also an oil dependent country. We can only become rich if we become what uk has become...an industrial , diversified economy country. THAT IS WHY APC IS USELESS.

Corruption has to end, but without corruption, we can't do as well as UK.

After 2 years are you still supporting him because of competence? Or is it now clear that it’s because of tribe?

Abdul05:
What zombidients don't understand or realise is that....

batifieds are supporting tinubu not because he is their father, uncle, party member, brother, even their tribal man

it is Simply cos of competence ...

Abdul05:
Na only nigeria You pay tax and still go Contribute money for transformer Wey no go work..

Bro, suffering dey naija..

koning:
I hope you know that what is taxable is your income. For a shop owner this means the profits he makes or reports at the end of the year. Not the capital he used to stock his shop. The tax assessment is even a problem in technologically advanced countries, not to mention a nation like Nigeria.

Trump has boasted many times that he pays zero taxes. He is a billionaire. He has declared bankruptcy 5 to 6 times. Never paid a dime in taxes.

FIRS has a huge task in their hands and lawyers are waiting on the wings to chop heavy on law suits.

Conclusion: PROPER TAX COLLECTION CAN NOT WORK IN NIGERIA. How the hell would you tax the Mallam or Alhaji changing Dollar and Euros all over the country. What is their income?

Corporate tax is different from personal income tax. Personal income tax is where the bulk of tax revenue resides. If you employ you must pay minimum wage to yourself and employee and if you can't you will be shut down. It is corporate tax that can be dodged not tax on wages and if you are caught dodging corporate tax too ..

SeeWahala:
It's not your support or otherwise that puts me off concerning your takes on here . . . it's the way you always PUT THE CART BEFORE THE HORSE

Why not try to at least reduce/tackle the extreme corruption before pushing for a increase in taxation? 🧐

Yes, you assume I don't support tackling corruption, and I am here to tell you you are wrong.

But if we tackle corruption, we still cannot achieve the good life on a budget that is basically in pounds...14 billion pounds. Meanwhile the UK that you want us to be like spends 178 billion pounds per annum for its NHS.

Oga, we should fight corruption, but we should vote in a government that would make us an industrial and by extension richer nation

Hope you get me, good sir.?

Yes nau.
U go see the evidence.
But for here,them go siphon am