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You must produce not tax Your Way Out Of Poverty - Peter Obi - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsYou must produce not tax Your Way Out Of Poverty - Peter Obi (8524 Views)

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Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Proudlyngwa(m): 8:40pm On Jan 02
AMI3:
Do u want to tell me that the government have not been collecting tax from her citizens?
What happened to the subsidy they removed?

Obi is not against any taxation what every same Nigerians is against is the transparency

Fuel subsidy was just removed and everybody was feeling the heat of it now the new tax law show it face.
What will happen in 2027 or 2028 only God knows and we will still giving excuses without nobody accounting for anything.
You will make a bad administrator
U are running on emotions
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by searchlight: 8:40pm On Jan 02
sailor2011:
No matter how hard you cry , the new Tax laws has come into effect...😁😁😁😁
See who's talking. Obi is crying because he's poor right? You are only saying this because your annual income isn't up to 800k, otherwise I wonder how government should tax her citizens without giving job.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Misterone: 8:41pm On Jan 02
We all know that Obi is all talk and no substance! In this new tax law, taxation is exempted for most SMEs! That's about 90%of businesses. So what's Obi talking about?
etokhana:
Peter Gregory Onwuabasi Obi
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Kemetian: 8:42pm On Jan 02
CodeTemplarr:
So tax is your shock absorber? I think production to taxation ratio must be gotteb right to make meaning out of taxation. Tinubu is taxing us for our existence and not for our prosperity. How do you explain N50 flat tax for various transfer amount above N10,000?
Same bandwidth, processor power, network, and general resource used to send N10m is what is needed to transfer N10,000, so why a flat N50 fee?

Simple. Taxation of exisyence and not prosperity.
Typical THOUGHTLESS post.

What is 50 naira?

Everything is "too much" yet you want a "working country".

NONSENSE.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by bigiyaro(m): 8:43pm On Jan 02
Richtaiwo:
I do not, in any way, support this tax regime. However, whenever this neatly packaged fraud called Pitobi opens his mouth to condemn it, I instinctively suspect there must be something beneficial about the tax that we Nigerians are yet to grasp. At that point, I’m forced to pause… and reconsider.

But wait, did I just read the profound wisdom that “you can’t tax yourself out of poverty”? Interesting. Should we then conclude that Nigeria is officially poor? And if so, how does that square with the earlier sermon from the same handle-mops who confidently assured us that Nigeria can conveniently pay every citizen one million naira monthly?

Surely, the handle-mops will soon emerge with another magical explanation, because consistency, as usual, is clearly not part of the brand.
Omo.. Your iq low wella.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by searchlight: 8:46pm On Jan 02
emkz:
After 8 years of Obi in Anambra, what are they producing?

Has Obi even read the tax bill? Does he know what it entails?

Can he articulate his own road map to development?

There is no country that developed without tax systems. The countries with no taxes are countries with low population and huge wealth. In countries that run social systems, tax contributions support such social nets.

In Nigeria, we have had too many social nets that cannot be sustained in future. For example, many of us paid very low fees for university education. Who paid taxes for such? Many of us had affordable healthcare in public hospitals, who paid the taxes? Some years ago, UK officials came to Nigeria to get some of our doctors trained by Nigeria because the UK cost of training medical doctors had sky-rocketed. In many countries, young graduates have years of students debts to settle, something that never happened in Nigeria.

If we actually have to pay the costs of the things we enjoy in Nigeria as are paid elsewhere in the world, that is when many would realize we have lived in paradise for years.

How does taxation work in practice? The more you earn, the more your contributions towards a common pool to support those who earn less.
upon all the numerous challenges facing Nigeria, it is only how to get money from citizens that bothera Tinubu.

When a thief is made a kings, he only thinks how to steal
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by CodeTemplarr: 8:46pm On Jan 02
Kemetian:
Typical THOUGHTLESS post.

What is 50 naira?

Everything is "too much" yet you want a "working country".

NONSENSE.
I didnt complain about the amount but the formula that exposes the intention of the inventor of that formula. A flat tax on activity and not growth is wrong. Call it a cry all you want.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Jlow2: 8:51pm On Jan 02
Richtaiwo:
I do not, in any way, support this tax regime. However, whenever this neatly packaged fraud called Pitobi opens his mouth to condemn it, I instinctively suspect there must be something beneficial about the tax that we Nigerians are yet to grasp. At that point, I’m forced to pause… and reconsider.

But wait, did I just read the profound wisdom that “you can’t tax yourself out of poverty”? Interesting. Should we then conclude that Nigeria is officially poor? And if so, how does that square with the earlier sermon from the same handle-mops who confidently assured us that Nigeria can conveniently pay every citizen one million naira monthly?

Surely, the handle-mops will soon emerge with another magical explanation, because consistency, as usual, is clearly not part of the brand.
what you failed to learn in school Peter obi has taught you for free, forever be greatful or continue to fail in ur bigotry and ignorance which will never be an excuse.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by searchlight: 8:52pm On Jan 02
lawani:
No It can't be overturned. To start a good thing is difficult but once started it can't be overturned. Lagos could have been dependent on allocations like Kano today but it is not. Once you are making a budget of 2 trillion you can't go back to 500 billion.
If the current government reduces oil income to twenty percent of total income it will be a good development
Same way you guys supported and cheered Buhari up for 8 years until he ran the country aground.

When una go get sense?
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by aribisala0(m): 8:54pm On Jan 02
Richtaiwo:
I do not, in any way, support this tax regime. However, whenever this neatly packaged fraud called Pitobi opens his mouth to condemn it, I instinctively suspect there must be something beneficial about the tax that we Nigerians are yet to grasp. At that point, I’m forced to pause… and reconsider.

But wait, did I just read the profound wisdom that “you can’t tax yourself out of poverty”? Interesting. Should we then conclude that Nigeria is officially poor? And if so, how does that square with the earlier sermon from the same handle-mops who confidently assured us that Nigeria can conveniently pay every citizen one million naira monthly?

Surely, the handle-mops will soon emerge with another magical explanation, because consistency, as usual, is clearly not part of the brand.
What 1 or 2 things are problematic with the tax regime

Even 1 will do
I need to learn
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Teenaira: 9:02pm On Jan 02
obi4eze:
This man too get sense. No country ever grows by inceased taxing on the citizens. There must be production for GDP increase and economic growth.

Agbado people know this but because it's coming from Peter Obi they will attack him and forget the message he is passing across.

Peter Obi is the man Tinubu cannot be. When Peter Obi was in private business, Tinubu was busy sniffing drugs and shuttling between America and Nigeria in his narcotics business.

God bless Peter Obi.
This man called Peter Obi is nothing but a hypocrite. He always does the direct opposite of whatever he says. This new tax law is expected to reduce taxes being paid by the poor. He is presenting it as if it will increase taxes. The focus is to get the rich who are before now not paying taxes to start paying and then paying reasonable amount. You will be surprised how much senators and other extremely rich persons currently pay as taxes but saint Peter Obi is opposed to the law. He will always talk about production but he has never produced anything before, instead he is working against those producing by importing and dumping products in Nigeria.
Mr Peter Obi, whether you like it or not, you must pay tax. Please help us to tell your other criminals in ADC that they must pay taxes ooo.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by njokuuche77(m): 9:08pm On Jan 02
laurel03:
Okwute even introduced mad Tax in Anambra during is regime... I just dislike this Obi because he did lot of what he now criticise like his saint... https://www.facebook.com/share/v/16mHPeXgnz/
There’s an important difference between structured taxation within a functioning local economy and blanket taxation in a depressed national economy. What happened in Anambra was a market levy tax within an active commercial system, where traders had access to customers, infrastructure, and relative stability.

The argument here is not “no tax at all,” but you cannot rely on taxation as a primary tool when production is weak, unemployment is high, and citizens are poorer. Context matters.

Also, protesting a tax does not automatically make it unjust, citizens protest taxes everywhere. The real issue is whether taxes are lawful, proportionate, transparent, and tied to visible public value. That standard should apply to every government, past or present.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by lawani(m): 9:09pm On Jan 02
searchlight:
Same way you guys supported and cheered Buhari up for 8 years until he ran the country aground.

When una go get sense?
Show me a serious country of 200 million depending on 1.5 million BPD of crude. No country can succeed that way. Norway of 5 million produces 2 million bpd of crude and they save all the money. If all Tinubu will do is increase revenue and free the country from oil dependence as he did in Lagos then it will be worthwhile or is Lagos not the best state in the country?
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Shamo007: 9:26pm On Jan 02
The revenue generated from subsidy removal what did they do with it is it tax revenue they want to use effectively? Yet endless borrowing buhari na saint where this one dey
emkz:
After 8 years of Obi in Anambra, what are they producing?

Has Obi even read the tax bill? Does he know what it entails?

Can he articulate his own road map to development?

There is no country that developed without tax systems. The countries with no taxes are countries with low population and huge wealth. In countries that run social systems, tax contributions support such social nets.

In Nigeria, we have had too many social nets that cannot be sustained in future. For example, many of us paid very low fees for university education. Who paid taxes for such? Many of us had affordable healthcare in public hospitals, who paid the taxes? Some years ago, UK officials came to Nigeria to get some of our doctors trained by Nigeria because the UK cost of training medical doctors had sky-rocketed. In many countries, young graduates have years of students debts to settle, something that never happened in Nigeria.

If we actually have to pay the costs of the things we enjoy in Nigeria as are paid elsewhere in the world, that is when many would realize we have lived in paradise for years.

How does taxation work in practice? The more you earn, the more your contributions towards a common pool to support those who earn less.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by grandstar(m): 9:32pm On Jan 02
CodeTemplarr:
So tax is your shock absorber? I think production to taxation ratio must be gotteb right to make meaning out of taxation. Tinubu is taxing us for our existence and not for our prosperity. How do you explain N50 flat tax for various transfer amount above N10,000?
Same bandwidth, processor power, network, and general resource used to send N10m is what is needed to transfer N10,000, so why a flat N50 fee?

Simple. Taxation of exisyence and not prosperity.
Without an increase in tax revenues to GDP, the country will c9ntinue shaking hands with poverty. It's the same with exports. Overreliance on oil exports for most of forex inflows is also an economy killer.

With bountiful non-oil revenues, when the price of oil dips, if non-oil revenues are high or above 50% of federal government revenue, the economy won't take a whooping.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by blackgold2018(m): 9:37pm On Jan 02
helinues:
The town crier don start again in the new year

The new tax rate is lower than the previous one. The only difference is increasing of tax base.

Everything shouldn't be about cho cho cho . If the projects benefits are equality, let the tax also be equality
believe this government on your own peril.
They have sent you message to preach here with alert description.

By end of the year what will emerge from the tax deductions will shock each Nigerians. Forget the online figures from your numerous follow data boys. Both on tv and social media
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Mrfixitt(m): 9:37pm On Jan 02
fredoooooo:
Is that why you produce Hero beer and all ya people erub away to othe parts of the Land ..
Olodo
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by naturefellow(m): 9:37pm On Jan 02
Richtaiwo:
I do not, in any way, support this tax regime. However, whenever this neatly packaged fraud called Pitobi opens his mouth to condemn it, I instinctively suspect there must be something beneficial about the tax that we Nigerians are yet to grasp. At that point, I’m forced to pause… and reconsider.

But wait, did I just read the profound wisdom that “you can’t tax yourself out of poverty”? Interesting. Should we then conclude that Nigeria is officially poor? And if so, how does that square with the earlier sermon from the same handle-mops who confidently assured us that Nigeria can conveniently pay every citizen one million naira monthly?

Surely, the handle-mops will soon emerge with another magical explanation, because consistency, as usual, is clearly not part of the brand.
Peter obi gives you a hard on, always!

Tribalism and hate for a man more decent than your principal makes you a liability to humanity.

Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by naturefellow(m): 9:42pm On Jan 02
Angelfrost:
There's nothing wrong in taxation as a form of revenue generation.

The only issue here is the absence of transparency.

The truth is taxation, subsidy removal and constant unchecked borrowing won't cover up the protracted and endemic corrupt system of diverting funds at all levels of governance, starting from local governments... With States being the biggest culprits.

Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by naturefellow(m): 9:43pm On Jan 02
yarimo:
The same Peter Gregory Onwuabasi Obi that increase poverty rate as governor of anambra state
always on threads mentioning Peter Obi, to spew aspersions because that's what he does for a living.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Gaddaffi121(m): 9:49pm On Jan 02
Richtaiwo:
I do not, in any way, support this tax regime. However, whenever this neatly packaged fraud called Pitobi opens his mouth to condemn it, I instinctively suspect there must be something beneficial about the tax that we Nigerians are yet to grasp. At that point, I’m forced to pause… and reconsider.

But wait, did I just read the profound wisdom that “you can’t tax yourself out of poverty”? Interesting. Should we then conclude that Nigeria is officially poor? And if so, how does that square with the earlier sermon from the same handle-mops who confidently assured us that Nigeria can conveniently pay every citizen one million naira monthly?

Surely, the handle-mops will soon emerge with another magical explanation, because consistency, as usual, is clearly not part of the brand.
Stop typing rubbish. Bad leadership has made Nigeria poor. Writing off 210 trillion of our common wealth is an example. But u are too daft to see it
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Mrexcell(m): 10:06pm On Jan 02
This is very very sound from obi this man is truly a light in darkness.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Mrexcell(m): 10:19pm On Jan 02
emkz:
After 8 years of Obi in Anambra, what are they producing?

Has Obi even read the tax bill? Does he know what it entails?

Can he articulate his own road map to development?

There is no country that developed without tax systems. The countries with no taxes are countries with low population and huge wealth. In countries that run social systems, tax contributions support such social nets.

In Nigeria, we have had too many social nets that cannot be sustained in future. For example, many of us paid very low fees for university education. Who paid taxes for such? Many of us had affordable healthcare in public hospitals, who paid the taxes? Some years ago, UK officials came to Nigeria to get some of our doctors trained by Nigeria because the UK cost of training medical doctors had sky-rocketed. In many countries, young graduates have years of students debts to settle, something that never happened in Nigeria.

If we actually have to pay the costs of the things we enjoy in Nigeria as are paid elsewhere in the world, that is when many would realize we have lived in paradise for years.

How does taxation work in practice? The more you earn, the more your contributions towards a common pool to support those who earn less.
Obi is saying the new tax law should be more transparent and not fraudulently gazetted also that the millions of unemployed nigerians needs to be productive so that they can be properly taxed i don't see anything wrong in what he is saying.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by fredoooooo: 10:33pm On Jan 02
Mrfixitt:
Olodo
Obi
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Olakun2023: 11:17pm On Jan 02
Richtaiwo:
I do not, in any way, support this tax regime. However, whenever this neatly packaged fraud called Pitobi opens his mouth to condemn it, I instinctively suspect there must be something beneficial about the tax that we Nigerians are yet to grasp. At that point, I’m forced to pause… and reconsider.

But wait, did I just read the profound wisdom that “you can’t tax yourself out of poverty”? Interesting. Should we then conclude that Nigeria is officially poor? And if so, how does that square with the earlier sermon from the same handle-mops who confidently assured us that Nigeria can conveniently pay every citizen one million naira monthly?

Surely, the handle-mops will soon emerge with another magical explanation, because consistency, as usual, is clearly not part of the brand.
The third class illiterate Obi and his co travellers never read and understand the tax laws that even offer the best protection for the vulnerable low income earners.

Obi ordinarily cannot lead a local govt in a sane clime talkless of dealing with complex fiscal and monetary issues Nigeria is facing.
The package talkative fraud empty barrel Obi is casted already. Zero brain
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Reference(m): 11:37pm On Jan 02
And to think that a government will seek to take from people earning slightly above 50 dollars a month or less than two dollars a day is just so cruel.

That ridiculous threshold of N800,000 is equivalent to 550 dollars a year or One dollar, 50 cents a day. So if I earn two dollars a day I am liable to give a portion to government...haba.

Considering that the United Nations has adopted the World Bank's IPL (International Poverty Line), that delineates poverty from extreme poverty to be survival on 3 dollars a day, our government intends taxing anyone earning above One dollar fifty cents. That is taxing Extreme Poverty.

This is mean and absolutely unconscionable.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by DeOTR: 11:38pm On Jan 02
CodeTemplarr:
I didnt complain about the amount but the formula that exposes the intention of the inventor of that formula. A flat tax on activity and not growth is wrong. Call it a cry all you want.
You obviously don't understand the new tax law. It'll be better you get a copy and read than drop uninformed opinion on the Internet because I don't understand how someone will call the new tax law a flat one.
If you're not earning up to 12m annually, you can't possibly pay more tax than before.
All this noise will die down after January ending when people start seeing marginal increase in their salary. Obi is crying because a bigger tax rate would be applied to a large chunk of his income.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by ArcSEMPECJ(m): 11:40pm On Jan 02
fredoooooo:
Is that why you produce Hero beer and all ya people erub away to othe parts of the Land ..
Talk about the Government of the day.....not talking out of tribalism...

What will this tax law bring to your life if the fuel Subsidy remove two years ago has not improved anything but worsened all since it was removed....
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by fredoooooo:
ArcSEMPECJ:
Talk about the Government of the day.....not talking out of tribalism...

What will this tax law bring to your life if the fuel Subsidy remove two years ago has not improved anything but worsened all since it was removed....
Na ya apap buy Data for me to tell me what to talk about or when to talk about issue ?
Getat
If ya life is worse its not my fault.. I'm not complaining
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by DeOTR: 11:50pm On Jan 02
Reference:
And to think that a government will seek to take from people earning slightly above 50 dollars a month or less than two dollars a day is just so cruel.

That ridiculous threshold of N800,000 is equivalent to 550 dollars a year or One dollar, 50 cents a day. So if I earn two dollars a day I am liable to give a portion to government...haba.

Considering that the United Nations has adopted the World Bank's IPL (International Poverty Line), that delineates poverty from extreme poverty to be survival on 3 dollars a day, our government intends taxing anyone earning above One dollar fifty cents. That is taxing Extreme Poverty.

This is mean and absolutely unconscionable.
Fortunately, we're not operating on Dollars in Nigeria. And no, your first 800k is not taxable. Everyone gets that 800k tax relief. If you earn 960k annually for instance, you only pay tax on 160k (15% if I get it correctly). If you earn 12m annually, the first 800k is 0%, the next 2.2m is 15%, then the next 9m after that is 18%. That's how it works. If you earn more than 12m annually, the next 50m I think, would be 25% rate. So if if you earn 15m, the 3m after 12m will be taxed at 25%.
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by ambale(m): 11:54pm On Jan 02
Richtaiwo:
I do not, in any way, support this tax regime. However, whenever this neatly packaged fraud called Pitobi opens his mouth to condemn it, I instinctively suspect there must be something beneficial about the tax that we Nigerians are yet to grasp. At that point, I’m forced to pause… and reconsider.

But wait, did I just read the profound wisdom that “you can’t tax yourself out of poverty”? Interesting. Should we then conclude that Nigeria is officially poor? And if so, how does that square with the earlier sermon from the same handle-mops who confidently assured us that Nigeria can conveniently pay every citizen one million naira monthly?

Surely, the handle-mops will soon emerge with another magical explanation, because consistency, as usual, is clearly not part of the brand.
What are you blabbing the Agbado Ambassador??

What in that message is not clear enough??

Let Government be transparent, let's produce more, let's build trust and people will organically key into your policies, then you begin giving us sermon 🤣

Alaye that Baki wey you dey take don dey pass your brain ooo🤪
Re: You must produce not tax Your Way Out Of Poverty - Peter Obi by Eyakuare: 12:39am On Jan 03
Sense they your head my incoming president. One bottle for you for the road to Aso rock. Cheers
1 2 3 4 Reply

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