Senate Okays 7.5% VAT And 6 Other Tax Hikes - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Senate Okays 7.5% VAT And 6 Other Tax Hikes (25770 Views)
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Digitalstarlite: 2:07pm On Nov 21, 2019 |
Increment in tax with no result of democracy....low quality health system,bad roads spoiling our cars,insecurity in some part of d country,minimum wage should be #90000 per month,low quality of education. In advance countries where taxes are paid the government really invest into citizens...dey have sit down and do a thorough master plan of the country.... Thanks 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by collab: 2:08pm On Nov 21, 2019 |
Change in deed. |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Willie2015: 2:10pm On Nov 21, 2019 |
This govt is simply evil .... Unemployment is on the increase... Inflation moving up as a result of border closure .... With CBN ban on Treasury Bills by local individuals and coys.... PMB now increase Vat to 7.5%... Seek to Increase company income tax ..... where is the employment going to come from.... Seek to Increase Personal Income tax ... you want to tax again the small salary that is not enough to survive. Haba ....PMB 2 Likes |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by bangbangall: 2:11pm On Nov 21, 2019 |
Omooba77:Nigerians are already missing Saraki. APC supporters will still suffer it like others. They are here to increase VAT with their useless and senseless excuses but they have money to buy vote and embezzle. 3 Likes |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by eclecticbaron: 2:11pm On Nov 21, 2019 |
If you observe you'll find out that the guys in the green chamber are better than the Dunderheads in the red chamber. These red chamber rubber stamped Senators don't care about the Nigerian hustling in the street. They'll never cut their bloated emoluments. It would have made sense if we can see what the tax is used for. Rubbish. 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by agbalej(m): 2:15pm On Nov 21, 2019 |
Drsmiles:
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| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Nobody: 2:16pm On Nov 21, 2019 |
osothermal:Tax rates in Canada are higher than that of Nigeria....if you must know. Plus Canadians take time to hold their governemnts accountable. Also, Canada is not dependent solely on oil. They are dependent on their industrial output to make money. That's why their power and water supply works. Nigeria...we are dependent on oil, which does not need light 24//7 to be brought out of the soil. 3 Likes |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by bigtt76(f): 2:17pm On Nov 21, 2019 |
Instead of increasing taxes like personal income tax, they should look at ways of improving on its self-assessment, payment, certification and management process. If you make it seamless, more people would be willing to pay. Increasing it would not increase the number of tax payers... It will only increase the total amount collected at the expense of the few that still pay tax. Omooba77: |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by GreyLaw(m): 2:17pm On Nov 21, 2019 |
Kanade21:The taxes will go up, the loans too. And there is nothing Nigerians can do about it. Buhari is a god unto himself. 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Nobody: 2:21pm On Nov 21, 2019 |
dfrost:You got my point. |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by lowaist101: 2:22pm On Nov 21, 2019 |
they have to be careful in increasing DIRECT TAXES; they have high correlation in creating disincentives! |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Nobody: 2:22pm On Nov 21, 2019 |
GreyLaw:1.Because we are relaint on oil, and the oil price is too low for us to maintain a good lifestyle. Even if Buahri was not in power, the same issue would still be there. 2.Democracy has given you the power to call your government to account. Not just at Aso Rock, but at all levels. Use it. (and no, I am no Buhari supporter either. Nor do I like PDP). 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Opmic: 2:23pm On Nov 21, 2019 |
THIS IS THE BUILDING WHERE NIGERIA IS BEING DESTROYED DAILY |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by efighter: 2:27pm On Nov 21, 2019 |
I am a Buharist till death. But right now, I am ashamed. |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by awa(m): 2:27pm On Nov 21, 2019 |
There is something I don't understand about this country. Personal Income Tax and VAT will be increased at the same time at the expenses of the masses? We asked for it shaaa. What a next level. I will pay more Tax, spend more when I buy stuff but no Electricity, no good roads, no good education.... Is alright before they say na hate speech 4 Likes |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Blessings4me(m): 2:28pm On Nov 21, 2019 |
BotherMleeper:We have been crying since 1960 3 Likes |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by awa(m): 2:28pm On Nov 21, 2019 |
efighter:No need to be ashamed Sir... Death might actually be coming 2 Likes |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by CoolAmbience(m): 2:30pm On Nov 21, 2019 |
harmless011:Except you reside in a rural area and only came to nearby town for a visit, otherwise, there could not be a more plausible explanation for your allegation of impropriety. What better way can a leader demonstrate accountability than instituting probity and executing 'common good' projects? Are you expecting that he 'shares the money' as usual? |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Nobody: 2:30pm On Nov 21, 2019 |
These people do not know what's up !!! Hohoho... |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by galaxy2020(m): 2:31pm On Nov 21, 2019 |
What do you expect from a Rubber stamp Nass leadership? 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Nobody: 2:33pm On Nov 21, 2019 |
Omooba77:I read the International oil companies divestment thread. Nobody mentioned job loses. If those oil companies leave as stated, more than 3,000 jobs will be lost in the oil sector. 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Sirjamo: 2:35pm On Nov 21, 2019 |
Infrastructure and human capital development as well as social investments cost a lot of money. Our current budget of $30b is just too meager for a nation of 200 million people. South Africa with it 50 million people budgets $100b annually. Egypt of 80 million people has an annual budget of $120b, our debt to revenue ratio is miserable. We need to start revving up our revenue by raising and widening our tax nets as well as cut every wasteful public expenditures, otherwise, developments in all facets will continue only at snail pace. 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Blessings4me(m): 2:36pm On Nov 21, 2019 |
This Buhari and im gang sharp die, dem go give una 30k minimum wage and collect 12k for taxes... Las las we go get sense. 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by valentinenw(f): 2:43pm On Nov 21, 2019 |
The real reason international companies are running as fast as their legs can carry them. They have seen the coming dictatorship. We should be worried because their presence in the country checkmates some excesses of the govt knowing they have the muscle to slug it out at the international level. 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by BlackBovi: 2:43pm On Nov 21, 2019 |
Omooba77: |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by nakaman: 2:44pm On Nov 21, 2019 |
minimum wage should be increase to 50thousand 1 Like |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by buoye1(m): 2:45pm On Nov 21, 2019 |
delzbaba:Sowere that wanted to lead us to the street has been in DSS detention for months now,you can be the new leader we will follow you 3 Likes |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Lokostic77: 2:45pm On Nov 21, 2019 |
8th assembly was far better than this 9th rubber stamp assembly but some people did not see anything good in saraki led assembly,they called him anti Buhari government my question is did Buhari ever have any good excutive bill that 8th assembly refused to pass into law?now we have rubber stamp assembly,what did they do ,passed anti people bill into law, anybody supporting this buhari government thunder fire all of you,,sebi they never pass hate speech bill,let me waka 2 Likes |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Dogalmighty17: 2:45pm On Nov 21, 2019 |
delzbaba:We are waiting for you to come and lead us. |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Viking007(m): 2:49pm On Nov 21, 2019 |
delzbaba:You are not a Nigerian? |
| Re: Senate Okays 7.5% VAT And 6 Other Tax Hikes by Nobody: 2:50pm On Nov 21, 2019 |
Kanade21:Education up to secondary level is free. Healthcare is also free. No one will complain if tax monies are used to fund basic social programs such as education and healthcare. 1 Like 1 Share |
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