Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax - Politics (4) - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax (23376 Views)
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by gaskiyamagana: 11:43am On Jan 13 |
Flangelo12:Was he telling lie or true? Was it a sin revealing his living status there to talk sense that your government in Nigeria is a SCAM, FRAUD? |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by boxypane: 11:44am On Jan 13 |
Stephen0mozzy:You read the Indian guy own 🤣 |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by nairalanda1(m): 11:45am On Jan 13 |
Princedapace:If we fought corruption we would still have an income of 36 billion dollars for 230 million people. Compare that to Germany's 600 plus billion dollars, and you will see why we cannot do what the man is indirectly suggesting we do without getting into a very large debt U cant tax me heavily while I still provide water, elctricty, even patch my community roads, provide my own security, having no emergency help, have to deal with wacky hospitals. U cant tax me. Tax is a social contract. The Europeans arent rich in natural resources. Resource rich nations must first find ways to convert their resources into finishes products. That is where the money is.When most people in Nigeria, over 95% are not paying tax, and when tax revenue is not as high as it should be, what do you expect. You are engaging in magical thinking. And, you are also showing you learned nothing in school. We need probably nearly 800 billion dollars yearly to guarantee what you are asking for. And as for nations converting their resources into finished products....it's like you are not effing reading what I have been saying here from day one. Manufactured goods and services. Our leadeers have shown to interest in education. They send their kids abroad. They have shown no interest in health care, they treat abroad. So, even if u do tax 80 percent, still same story. He who couldnt use 20 naira to do anything cant use 200 naira to do anything.SO, hold them to account, and it is made easier by more of us paying TAXES. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by erniok2: 11:45am On Jan 13 |
9jatriot:UK is a fact. Govt have homes you can stay in and get paid monthly if you donr have a job. Tjis is for the citizens. It's demeaning just like food stamps in the US and what they pay, you can make x4 monthly if you are serious. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by MrPOTUS: 11:46am On Jan 13 |
nairalanda1:Your first comment the guy quoted was delusional. Even if Nigeria operates on $1trillion, the country will never be better. Instead the selected few (politicians) will get wealthier ![]() What Nigeria lack isn't the funds, it's integrity, transparency etc. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by erniok2: 11:49am On Jan 13 |
nairalanda1:Wrong stats. Population of 230m doesn't translate to a workforce of 230m. Workforce might even be less than 10m with high unemployment rate and so many are below minimum wage. Some establishments still pay 50k per monthly. The govt needs accurate database to plan and forecast nit this try-your-luck method. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by nairalanda1(m): 11:50am On Jan 13 |
MrPOTUS:And the reason why we lack integrity is because most of our income does not come from taxes. It comes from oil, thus making it easier to steal. If most of our income came from tax, ya think anyone would steal? |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by nairalanda1(m): 11:52am On Jan 13 |
erniok2:Yes, this i can agree with. But until most of our income comes from tax, and until we run an economy that is made up of manufactured goods and services, and until we stop thinking we are Saudis in africa, and until we actually fight corruption, nothing will change. Good morning. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by gaskiyamagana: 11:52am On Jan 13 |
Lithiumite:Oga, you are very, very wrong. You are making excuses for nothing other than institutionalized corruption that is denying us comfortability like other countries with oil wealth. No monumental or ordinary corruption in their oil resources management and financial benefits to cater for the citizenry. There is nothing like 'lesser oil income of yours' judging by endless scam and fraud that were entrenched in our resources management. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by Kingchuksero: 11:54am On Jan 13 |
Nigerian don't deserve to pay tax until the government fixes the country especially with the abundance natural resources we have as a nation BlackViper: |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by Flangelo12: 11:55am On Jan 13 |
gaskiyamagana:He is talking BS. Nigeria is a poor country. Germany's GDP is $5 trillion. Nigeria' GDP is 285 Billion Germany: GDP Per Capita nominal is $59,000 Nigeria: GDP Per Capita nominal is $1200. German Population: 85 million NIgeria's Population: 237 million. I would say no more |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by horlando30: 11:56am On Jan 13 |
seunmsg:Nice summation. And nobody pays 30% PAYE tax in nigeria. Atleast not yet. Nigeria may have very poor infrastructure and welfare system but dont compare with europe (germany) that practises socialist economic system(almost communist with their over taxation policy). Nobody wants to pay 40% tax to govt in Nigeria. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by MrPOTUS: 12:00pm On Jan 13 |
nairalanda1:I believe they'll still steal. It's free money to the politicians. The masses are already subjugated, even if their taxes are stolen, they won't do shit. If we can't efficiently manage the little we have, what makes you think we'll utilize it when it huge ![]() |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by Blunt99: 12:00pm On Jan 13 |
Lithiumite:Also compare the corruption rate with similar countries. You guys excuses are always Population and insufficient taxes... But when it comes to the corruption that is regularly draining the treasury, you immediately get amnesia. Bello - over 80 billion Malami - over 200 billion Abacha alone - Over 1 trillion Tinubu, totally swept under the carpet, but Abacha will be a child play when Tinubu is exposed. Now, include all the Governors, ministers, Ambassadors, and others... |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by Kukutente23: 12:01pm On Jan 13 |
COMPAQ:This is a lie Dangote just came out to tell us that NMDPRA fees take over N300 per litre and you're still saying zero tax on petrol When will you folks realise that there's more indirect taxes in Nigeria than direct taxes |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by dequir: 12:02pm On Jan 13 |
nairalanda1:*A GOOD EXAMPLE OF PUBLIC POLICY CRITICISM AND INTELLIGENT OPPOSITION .* “Attention President Bola Tinubu” By Emmanuel Orjih Joseph, my 20-year-old relative, lives in my country home in the village. Joseph is unmarried, has no children, lives rent-free, works in my gardens, and ensures a human presence in my village house. For this, he earns N75,000 a month, while working on getting admitted into a tertiary institution to further his studies. Stories like Joseph’s are common across Nigeria’s landscape but are rarely visible where policy is made. So at a tax explainer event with senior FIRS officers in Abuja, I asked whether Joseph would pay tax under the new tax regime which I call: “Bola’s Tax”. The answer was no. Joseph, they said, would not pay any tax. Public policy should always be able to withstand its own arithmetic, so I asked them to show me how. And that was how the calculation began. They listed all the deductibles Joseph was said to be entitled to. We examined each one carefully and matched them against Joseph’s real circumstances. After doing so, they agreed that the only deductible Joseph actually qualified for was pension. Pension for Joseph is 8 percent, assuming compliance with statutory pension requirements. We ran the numbers. This resulted in a reduction of about N6,000, bringing Joseph’s taxable income to N69,000 per month and placing him squarely within the tax bracket of Bola’s Tax. At that point, the officials performed a public U-turn. They revised their earlier position and accepted that Joseph, who earns N75,000 a month and lives a subsistence life, would indeed pay tax under the new regime. They accepted because the logic left them no alternative. I did not debate. I did not raise my voice. I simply followed the framework they presented and asked careful, sequential questions. I used their logic on them. And it led to a conclusion that could not be avoided: Nigeria’s poor are about to start paying taxes. So who are Nigeria’s poor? If any institution has the authority to define poverty globally, it is the World Bank. I would know a bit about this, given that I am ex-World Bank, having worked at its Washington DC HQ and with several Southeast Asian country operations. The World Bank estimates that 143 million Nigerians are “poor”. This determination is derived from a country-specific poverty line for LMICs (Lower Middle Income Countries). For Nigeria, that poverty line stands at approximately N190,000 per month, based on the World Bank’s daily poverty threshold of $4.20 converted to a monthly figure. Anyone earning below this amount is considered poor. 1. Everyone earning less than N190,000 a month in Nigeria is poor 2. Bola’s Tax will take money from Nigerians earning N67,000 a month. 3. Joseph earns N75,000 a month. 4. Joseph is poor 5. Bola’s Tax takes money from poor people like Joseph These are 5 irrefutable facts. No matter what political leaders, their supporters, and their armies of journalists and influencers may say about the poor being protected from Bola’s Tax therefore, the arithmetic tells a very clear and a very different story. Even their own official communications acknowledge this reality – perhaps inadvertently. One of the stated objectives of Bola’s Tax is to “widen the tax base.” And those are not my words. Policy language often sounds neutral until its consequences are made explicit. Widening the tax base simply means bringing more Nigerians into the tax net. Nigeria’s wealthy have long been within the tax net. If the wealthy are already there, then the widening must necessarily reach downward. There are only three possibilities therefore: the poor, livestock, or ghosts. I suspect we all know which of the three it is. Given this, Nigeria’s poor are entitled to ask further questions. Questions like: What will be done with the additional taxes collected from people like Joseph? To answer this question, we need to look at government’s antecedents with similar public funds: A. What do they do with Nigeria’s budget? B. What did they do with the billions of dollars in external loans they have collected? C. What do they do with fuel subsidy “savings”? D. What do they do with earnings from crude oil revenue, including the forward sales? E. What did they do with the billions of dollars that foreign development partners have delivered? F. What do they do with the huge IGR they collect daily, weekly, monthly, and annually? G. What did they do with the ever-present and ever-increasing VAT? H. What did they do with all the stolen loot they recovered from Abacha, Emefiele, etc? Wisdom demands that we judge government not by promises or by rhetoric, but by patterns and antecedents. On the basis of this, Nigeria’s poor are justifiably apprehensive that if Bola’s Tax is collected, whatever happened to the 8 pools of public funds listed above, will also likely happen to monies pooled from Bola’s Tax. Finally, it is well established in macroeconomic and development economics that governments should exercise restraint in raising taxes when an economy is experiencing even one of the following conditions: A. High inflation B. Falling real wages C. Shrinking or weak GDP growth D. Rising unemployment E. A large informal sector F. High poverty rates G. Weak social safety nets H. Low wages and unstable earnings I. Weak administrative capacity Nigeria is experiencing all nine simultaneously. In such conditions, restraint is a responsibility, even a duty, particularly toward the poor. When inflation is high and real incomes are falling, raising taxes reduces the purchasing power of the poor. When growth is weak, higher taxes suppress investment and job creation. When unemployment and informality are widespread, aggressive taxation pushes vulnerable households further to the margins. In these conditions, tax increases do not reliably raise sustainable revenue. Instead, they shrink the tax base, increase non-compliance, and deepen poverty. This is not ideology. It is evidence, observed repeatedly across developing economies. Sound fiscal policy requires sequencing: 1. Stabilize inflation 2. Support real wages 3. Restore growth and expand social protection 4. Strengthen administrative capacity Only after these foundations are in place does broad-based taxation become effective and fair. Anything else shifts adjustment costs downward, where the poor are least able to absorb them. Implementing a tax regime that brings your poor population into the tax bracket when all 9 conditions are present is akin to national economic suicide. This naturally leads us to the point where we must then ask: why are these national economic risks even being taken at all, and to what end? A. So misappropriation of public funds can continue without consequence? B. So inflated and padded contracts can keep rolling year after year? C. So oversized and loud convoys, motorcades, and security entourages can continue to consume public money? D. So offices unknown to the law, including the first lady office, and now the office of the first son, can continue to be brazenly funded from public coffers? E. So political elites can continue to rely on public-funded foreign healthcare while Nigerian public hospitals serving the poor decay? F. So judicial outcomes can continue to be improperly influenced and financed? G. So public-funded political violence can continue to undermine democratic participation? H. So elections can continue to be distorted using public resources? I. So security votes funded by the public can remain opaque? J. So abandoned projects can be endlessly recycled and re-awarded for bigger amounts at taxpayer expense? K. So emergency public procurement can continue to bypass due process? L. So patronage networks that deliver public funds to value depreciators can persist? M. So public funded luxury allowances can expand while citizens are told to endure hardship? N. So schools serving the poor can continue to collapse while children of public officials jet off to study abroad on public funds? O. So cost of commissioning and launching a project continues to compete with cost of the project itself? P. So broken systems can be substituted rather than fixed at taxpayer cost? Q. So bloated bureaucracies funded by taxpayers can persist with thousands of redundant and idle workers? R. So competence can continue to be subordinated to loyalty on the tab of the taxpayer? S. So value for money can remain elusive while taxpayer bears the financial burden? T. So public assets can continue to decay at taxpayer cost? U. So palliatives targeted at the poor can continue to be hoarded, looted and traded for political gain? V. So estacodes continue to flow unabated depleting public funds? W. So social safety nets can remain weak when they could be funded by our taxes? X. So citizens can continue to self-provide basic services including power, potable water, security, education, healthcare while taxes are abused? Y. So trust between the poor and the state can continue to erode driven by abuse of commonwealth? Z. So the poor can be asked to pay more and receive almost nothing in return for their own commonwealth? Stop for one second. Ask yourself one simple question: If government has been collecting money since, and your life did not improve, why will this one be different? If food is already expensive, if transport is already costly, if school fees are already heavy, why take more money from poor people? This tax will not fix Nigeria. Rather, this tax will push the poor deeper into suffering. This is the truth without the sugarcoat. Nigeria now stands at crossroads. Road One: Poor people keep paying more. Hunger increases. Suffering grows. Nigeria becomes weaker. Road Two: We stop this tax. The poor breathe. Families survive. Nigeria has a chance. Only one road helps you. If you choose to Stop This Tax, then from tomorrow 6th of January 2026, visit our website: StopThisTax.org We are not asking you to protest. We are not asking you for money or for anything else. We only want you to understand. When you understand, you will know what to do. Tomorrow, go to StopThisTax.org Learn quietly. Protect yourself lawfully. If this brings clarity to you, feel free to share it with other Nigerians who may be affected. Yours in Service, Emmanuel Orjih Email: emmanuel@StopThisTax.org. www.linkedin.com/in/emmanuel-orjih |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by Blunt99: 12:04pm On Jan 13 |
Kukutente23:They always avoid this. We pay indirect taxes on visual everything and purchase in this country, still, the government can't account for them. But they think the new taxes will be accounted for. Very pathetic sets of psychophants. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by isan(m): 12:04pm On Jan 13 |
How long has Germany been collecting 42%? 2 weeks ? 😂😂😂 |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by nairalanda1(m): 12:04pm On Jan 13 |
dequir:So, everyone doesn;t pay tax because we are poor 1.We are left with an income of less than 100 billion dollars for 230 million people 2.We are left with budgets that don't pass 50 billion dollars 3.It's going to take time to get minerals and agric back to the point where they can reach levels of supplying our treasuries with 100 billion or more per annum 4. SO what do we do We borrow and keep borrowing. to meet up And the poor suffer it the most. Good morning. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by nairalanda1(m): 12:07pm On Jan 13 |
MrPOTUS:NO, it won't. Thats why Europe has 'good government' Most government money came from and still comes from tax. And initially the leaders were stealing (kings used to treat tax as their personal money for instance)..until several revolts happened, and kept happening, and then finally after a few violent revolutions, the leadership woke up. If most of our revenue came from tax, things won;t change overnight (we have to do more than just tax more people, I think I am clear on that)...but people are going to pay more attention and eventually wake the hell up. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by gaskiyamagana: 12:08pm On Jan 13 |
Flangelo12:Thanks. But if not poor management of our resources with particular emphasis on financial corruption, if not like that of Germany, our too will be worthy of praising irrespective of our population. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by drnoel: 12:15pm On Jan 13 |
BlackViper:The other issue is to see if it's possible to get tax exemption if you already pay tax in another country. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by Teymanhenry(f): 12:18pm On Jan 13 |
Citizens of Nigeria need to stop paying taxes. These levies are used by our leaders to enrich themselves and their families. Imagine Tinubu asking Nigerians to hold their governors accountable if there's no development in our states. How can we hold them accountable when even the president have practically killed the judiciary system |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by doncartel: 12:22pm On Jan 13 |
All Nigerians should join politics so that they can participate in eating the new tax increase. Once you’re outside politics, nothing for you. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by energy37: 12:23pm On Jan 13 |
He said that you should bury your hatred for the President and look at the issue critically to discover that the bulk of the tax goes to the State Government. The Governors need to be more accountable. Bizibi: |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by grandstar(m): 12:24pm On Jan 13 |
What do Nigerians get from a 30%? A more stable Naira. With more money in the federal government, there'll be no need to turn to ways and means to finance spending. .If the exchange rate remains at between 1,400-1,600 to the dollar over the next decade, that would be fantastic. The elephant in the room today are low crude oil prices and the country low crude oil production which will create big holes in the budget. That's where that 30% will come in. I wonder If it will be enough. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by surgical: 12:25pm On Jan 13 |
BlackViper:These people are retards you don't need to join issues with them, they've given up on themselves, they believed they are only good as footstool for big men,they can't see other possibilities If you see them from this clear perspective ,you will ignore them and allow them to chew their agbado in peace ,that's the only thing, they came to this world to do. No ambition |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by Bizibi(m): 12:29pm On Jan 13 |
energy37:now let me ask you some questions... Which money will fg use to pay our debts Which money will they use to fix and build new federal roads? What are the benefits given to taxpayers?? |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by donmik: 12:29pm On Jan 13 |
seunmsg:And who is burdening us with the tax? Live for the truth |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by Lithiumite: 12:31pm On Jan 13 |
Blunt99:Which nigerian leader is as rich as MBS of Saudi Arabia or the al maktooms of dubai......can you raise a finger and abuse the Saudi leaders as you always do tinubu here every second? What is the GDP of Saudi Arabia compared to ours, we don't come close,talk about their foreign reserves,we come no where close and you expect same lifestyle despite our huge heterogeneous population and insignificant income......when Nigerians start paying taxes,they will hold their govts more responsible and become more active in political processes. |
| Re: Nigerian Based In Germany Compares 42% German Tax With 30% Nigerian Tax by airsaylongcome: 12:31pm On Jan 13 |
PulaPower:I’m wondering how the world would be taking us based off the comments of Nigerian citizens here. |
Sanwo-Olu Unveils List Of 39 Commissioner-Nominees With 30% Women • Sowore Compares How Bandits Were Treated Vs How Nnamdi Kanu Was Treated • What Does The S/west Produce That Compares With The North? • 2 • 3 • 4
Peregrino Brimah: Why Jonathanians Desperately Want Osinbajo & El-rufai To Fight • Afe Babalola To Buhari: 'Change Begins With Me’ Is Not Lai’s Initiative • Akin Alabi: When I Was In PDP I Was A Tinubu Man To The Core
🤣