Beautyaddy:


But that's the truth now.

How many jobs does the government provides

Even when the Democrats were in power it was the middle class that was still paying for the higher and lower earners.

Job that can still be provided without the huge tax breaks.
The middle class has always funded the lower and higher class. That’s a good reason to not make it worse than it already is. Very soon there will be no middle class left

salford1:

It's not only Nigerians that embark on birth tourism. Chinese are the number 1 culprit.
I don't blame any mother that desires to give their babies 2nd option i.e. a back up nationality.

EXACTLY

salford1:

Are you sure about this? It could work both ways. Tax may reduce due to less EU freeloaders, or tax may also increase if EU professionals earning good wage leave the country.

North Korea? The rocket man might use you as a bargaining chip to obtain favour from the UK government

I strongly believe there will be tax cut.
UK carry eu wahala for head. So many freeloaders here all in the name of eu countries.
Them dey born anyhow and na so govt dey feed them.and their children if they come up with one useless excuse.
And if it happens, more vacancies, I even read it will affect housing too.
Folks who want to mortgage are lurking around to see if it will happen. House here is outrageous. I will use the money and build mansions in Nigeria, walai

Haaaa , north Korea or south is like naija to me o.
I can speak their language a bit and once u can identify with them, u are welcome.
Rocket man has softened. Not like his late dad so we will be good friends

salford1:

It's not only Nigerians that embark on birth tourism. Chinese are the number 1 culprit.
I don't blame any mother that desires to give their babies 2nd option i.e. a back up nationality.

Correct.

But China does allow dual Citizenship so how do those US Citizenship kids born from Chinese Citizen parents cope living in China

joepepsy:
Stay in Nigeria with generator?

Dont mind them. Even people who went abroad would rather be in Nigeria, if conditions were favourable

Yet some other first world countries have been managing to do this without killing off its middle class. We can do better honestly.

Their intentions are shady anyways and it’s not primarily about fear of capital flight.

sassysure:

They said una external debt is too much so middle class has to be taxed more
If u tax the rich more, they will run away from una country and every country fears capital flight so its kind of woeing them to stay and continue to grow the economy and also for those that 're away to come back.

It will not continue indefinitely.
That money is needed to strengthen the dollar more.
The competition is becoming aggressive.
Una sorry.
Strong currency, na the citizens dey suffer.

Even though it's outrageous to u guys, it's not even up to 2 3rd of what mama Charlie and her children zap from us.
Wetin we go do na

RichDad1:
By the time Trump is done with immigrants,

Illegal immigrants

cococandy:


Job that can still be provided without the huge tax breaks.
The middle class has always funded the lower and higher class. That’s a good reason to not make it worse than it already is. Very soon there will be no middle class left

Those tax breaks was given to help those companies avoid moving their Companies to Countries that have very low taxes. Most of those Companies laid-off workers when they needed to move out of the US. And as a result the availability for jobs was not as surplus it is now with the current tax break.

DexterousOne:


Nigeria cannot be fixed

Whether as a unit or divided into bits
The mentality in Nigeria and Africa is FVCKED

All you can do is to hustle and make some money to provide some cushion against the mess in the zoo.

That's just the fact

A country that believe so much in superstition
Does not encourage merit
And are wicked to the core
Cannot develpp

Amen!

Beautyaddy:


Correct.

But China does allow dual Citizenship so how do those US Citizenship kids born from Chinese Citizen parents cope living in China

I have no idea how they cope. Interestingly they set up giant billboards in China advertising US and Canadian passports to future and expectants mothers.

Canada has been on their case for a while. There was a documentary about it just last week or so. Ironically, the member of parliament (Alice Wong) leading the campaign against birth tourism in Canada is a Chinese immigrants herself


https://www.youtube.com/watch?v=x6MdgushuK4

cococandy:
Yet some other first world countries have been managing to do this without killing off its middle class. We can do better honestly.

Their intentions are shady anyways and it’s not primarily about fear of capital flight.

That is what I'm saying na.
Mama Eliza has killed us

The remaining, council tax will collect.


About the capital flight i spoke from the economics point of view.
See what capital flight plunged Nigeria into?
If not for folks in diaspora, Zimbabwe would have been better.

Some USA companies relocated cos of tax. Some were on the verge of relocating b4 that drastic law was made.
At the end of the day even with the increase in middle class tax, they still pay collectively higher than what the middle class summed together pays.
So it's a necessary evil but will not tarry long.
USA went on recession and haven't recovered yet, somebody gat to bear the blunt somewhere.

That's what they want to replicate in Nigeria but Nigeria don't have any working system.

So the middleman in our case bears it all

We go survive las las

AZeD1:

This rule doesn't affect the rich. With $500k you will get an investor visa.

$1m now

So....we reward greed. At the expense of the masses.

If they are giving tax breaks, then they should give it to everyone. But no. Because that money has to come from somewhere. Unfortunately it’s not coming from Mr $$$ who definitely doesn’t need a 6th island. Or another mountain in the alpines.

It’s coming from my breaking back so that they will keep jobs in the country. Yet somehow, before his tax reform, the economy was growing fast and unemployment rate was drastically reducing. Why did anything have to change for the worse at that time?

Was there any justification at that time for it except to reward his republican billionaire friends?
And still they go to China to manufacture. Despite the tax breaks.

Greed can not be satisfied no matter what you do. With the way unbridled capitalism is going, They will keep taking from the middle class until there’s no middle class left. Only the poor and the ultra rich. Then either they kill off the poor to keep them subdued or the poor will eat them for sustenance.

I won’t be alive then

Beautyaddy:


Those tax breaks was given to help those companies avoid moving their Companies to Countries that have very low taxes. Most of those Companies laid-off workers when they needed to move out of the US. And as a result the availability for jobs was not as surplus it is now with the current tax break.

Beautyaddy:


Those tax breaks was given to help those companies avoid moving their Companies to Countries that have very low taxes. Most of those Companies laid-off workers when they needed to move out of the US. And as a result the availability for jobs was not as surplus it is now with the current tax break.

If they move out of the country

They should also sell their products out of the USA too

Or bring it and pay high fees.


The govt have been sucking up to yhrde grerfu corporations for decades that they have become spoilt and entitled

Give them incentives
But they have to pay their fair share of tax
Even tho it should not be excessive

You can also give them tax breaks on condition they expand investment and create even more jobs or do CSR (which btw the corporations are not doing)


We cannot continue to give them.breaks upon breaks, and breaking the middle class backs to cover up for the shortfall


This cromy capitalism greed must be destroyed kpata kpata kpata

Gerrard59:
In summary, the vast vast majority of Nigerians will be ecstatic with this news because it doesn't affect them in anyway let alone negatively. Call it schadenfreude, you won't be wrong.

Perfect. People always brush over the difference between the working, middle and upper-classes in these threads and it makes the whole discussion meaningless.

What exactly are you "staying to develop" when your education, training and general expectation for life as an adult are drastically different from what you are experiencing in reality? Is a teacher or a nurse supposed to be struggling to eat?

So why wont they swarm the airport like locusts Thats what people dont understand. If you want the educated, middle class majority to stay and develop the place, you have to make sure that at the very least, their lives wont be a living hell.

"Work hard kids, study hard...be disciplined...one day you'll be a lawyer....a doctor...and...."

And you wont have running water, constant electricity, decent wages or be able to walk down street without some haggard, disgusting fellow appearing to call himself a "Police officer" (who, by the way, is supposed to be part of that trained middle class) harassing you for N20 and waving his loaded gun.

Does it make sense To anybody...?

cococandy:
So....we reward greed. At the expense of the masses.

If they are giving tax breaks, then they should give it to everyone. But no. Because that money has to come from somewhere. Unfortunately it’s not coming from Mr $$$ who definitely doesn’t need a 6th island. Or another mountain in the alpines.

It’s coming from my breaking back so that they will keep jobs in the country. Yet somehow, before his tax reform, the economy was growing fast and unemployment rate was drastically reducing. Why did anything have to change for the worse at that time?

Was there any justification at that time for it except to reward his republican billionaire friends?
And still they go to China to manufacture. Despite the tax breaks.

Greed can not be satisfied no matter what you do. With the way unbridled capitalism is going, They will keep taking from the middle class until there’s no middle class left. Only the poor and the ultra rich. Then either they kill off the poor to keep them subdued or the poor will eat them for sustenance.

I won’t be alive then

@Coco

EXACTLY

You just typed and submitted what I was about to type

salford1:

The Chinese control the birth tourism market in Canada, and they charge around $30k per expectant mother.
Since this restriction in the state will create a boom elsewhere, maybe it's time for others like me to cash in on it

I have to start searching for 5 to 6 bedroom houses that can accomodate like 12 expectant naija mother at once, and charge a fraction of the cost those Chinese are charging

These chinco are everywhere.
Jeez!


See you
Naija man! U have already started planning.
Don't worry,we dey come

Actually Obama brought us out of the recession and the economy was growing with jobs growing as well. The economy is still growing now and jobs have not declined (yet )

Trump didn’t need to have a tax reform. He just hates anything that has Obama’s name on it. he’s trying to undo all Obama did. They were great how they were.
Things aren’t bad now either except that my taxes went up and my refund went down.

There are rumors of increase in minimum wage this year. Let’s watch and see if that’s going to be a good thing.

sassysure:

That is what I'm saying na.
Mama Eliza has killed us

The remaining, council tax will collect.


About the capital flight i spoke from the economics point of view.
See what capital flight plunged Nigeria into?
If not for folks in diaspora, Zimbabwe would have been better.

Some USA companies relocated cos of tax. Some were on the verge of relocating b4 that drastic law was made.
At the end of the day even with the increase in middle class tax, they still pay collectively higher than what the middle class summed together pays.
So it's a necessary evil but will not tarry long.
USA went on recession and haven't recovered yet, somebody gat to bear the blunt somewhere.

That's what they want to replicate in Nigeria but Nigeria don't have any working system.

So the middleman in our case bears it all

We go survive las las

midnighter:


Perfect. People always brush over the difference between the middle and upper-class elites in these threads and it makes the whole discussion meaningless.

What exactly are you "staying to develop" when your education, training and general expectation for life as an adult are drastically different from what you are experiencing in reality? Is a teacher or a nurse supposed to be struggling to eat?

So why wont they swarm the airport like locusts Thats what people dont understand. If you want the educated, middle class majority to stay and develop the place, you have to make sure that at the very least, their lives wont be a living hell.

"Work hard kids, study hard...be disciplined...one day you'll be a lawyer....a doctor...and...."

And you wont have running water, constant electricity, decent wages or be able to walk down street without some haggard, disgusting fellow appearing to call himself a "Police officer" (who, by the way, is supposed to be part of that trained middle class) harassing you for N20 and waving his loaded gun.

Does it make sense To anybody...?

You have spoken well

cococandy:
So....we reward greed. At the expense of the masses.

If they are giving tax breaks, then they should give it to everyone. But no. Because that money has to come from somewhere. Unfortunately it’s not coming from Mr $$$ who definitely doesn’t need a 6th island. Or another mountain in the alpines.

It’s coming from my breaking back so that they will keep jobs in the country. Yet somehow, before his tax reform, the economy was growing fast and unemployment rate was drastically reducing. Why did anything have to change for the worse at that time?

Was there any justification at that time for it except to reward his republican billionaire friends?
And still they go to China to manufacture. Despite the tax breaks.

Greed can not be satisfied no matter what you do. With the way unbridled capitalism is going, They will keep taking from the middle class until there’s no middle class left. Only the poor and the ultra rich. Then either they kill off the poor to keep them subdued or the poor will eat them for sustenance.

I won’t be alive then

Somebody dey vex o.
It will not tally.
It's a necessary evil needed to make dollar stronger.
Capital flight is the worst enemy of any administrator.
Presidents can do anything to stop that.
When companies move, people are laid off, it will still affect the economy negatively.

Mtn did that in Nigeria. Govt was warned and see.
When it has plunged Nigeria into abyss, the now know they have to squash the useless tariff.
We may never recover in the next 20yrs.

Beautyaddy:


Those tax breaks was given to help those companies avoid moving their Companies to Countries that have very low taxes. Most of those Companies laid-off workers when they needed to move out of the US. And as a result the availability for jobs was not as surplus it is now with the current tax break.

If they want to move out

They should remain out and sell their products there

Or bring it to the USA and pay the appropriate levies (which btw will still be commensurate to the tax you are running away from )


America has the biggest market in the world and can use that as leverage against greedy corporation's

But will they?

Do they have the will?
Trickle down economics is a sham and a scam


I have an economics background and I know this for sure
Trickle diwn economics is just an euphemism for greed


Trump just wanted to make cronies richer
(Afteralk his cabinet is a cabinet of the super rich)

DasAll

Beautyaddy:


Those tax breaks was given to help those companies avoid moving their Companies to Countries that have very low taxes. Most of those Companies laid-off workers when they needed to move out of the US. And as a result the availability for jobs was not as surplus it is now with the current tax break.

One of the problems with trickle down economics aka cutting tax for big businesses/the wealthy is that the government would still get that tax income from somewhere. This would likely be at the back of the working class. It's not uncommon to see a rise in school fees, property or council tax, longer wait times at the hospitals, reduction of wages of teachers/healthcare workers, decaying infrastructures and hospitals etc. So the middle class end up paying more for services.

cococandy:
Actually Obama brought us out of the recession and the economy was growing with jobs growing as well. The economy is still growing now and jobs have not declined (yet )

Trump didn’t need to have a tax reform. He just hates anything that has Obama’s name on it. Is he’s trying to undo all Obama did. They were great how they were.
Things aren’t bad now either except that my taxes went up and my refund went down.

There are rumors of increase in minimum wage this year. Let’s watch and see if that’s going to be a good thing.

A country may come out of recession but it take yrs to recover from it.

Nigeria don come out na
Have we recovered.
The thing is this, don't ever go into one.

salford1:

One of the problems with trickle down economics aka cutting tax for big businesses/the wealthy is that the government would still get that tax income from somewhere. This would likely be at the back of the working class. It's not uncommon to see a rise in school fees, property or council tax, longer wait times at the hospitals, reduction of wages of teachers/healthcare workers, decaying infrastructures and hospitals etc. So the middle class end up paying more for services.

Exactly

The working class paying for the greed of the super rich

cooltola:


Good weather, Not feeling out of place, no racism, getting to see family . Overseas is not as easy as some people make it to be . If only you knew what some people do oversea and how they survive. You will be thanking God

Dude stop deceiving yourself

You call this scorching heat good weather?

Not feeling out of place? In this country where NOTHING works? I love how you conveniently ignored the constant feeling of frustration when trying to get anything done is this hell hole, oppression from SARS etc..

No racism? I guess you've never witnessed or experienced tribalism before.

Getting to see family? This is the most overrated sh!t! How many people actually enjoy the company of their nosy, dramatic extended family?

Look take me abroad, give me a chocolate goddess and 3 kids and il be the happiest man alive!

AZeD1:

This rule doesn't affect the rich. With $500k you will get an investor visa.

You don’t need all that money, you can still beat the system normally!

Immediately you miss your period, just file fo visitor’s visa if you qualify and nothing is showing on your tummy yet. If you are given the visa, just leave even if you are only a few weeks or days pregnant, at POE they will stamp you in with the usual 6 months visa, at the 4th month of your stay file form I539 to extend your stay for another 6 months.

After you give birth make sure to visit the Whitehouse and take a picture with your baby there as a poke to their collective ignorance.

salford1:

One of the problems with trickle down economics aka cutting tax for big businesses/the wealthy is that the government would still get that tax income from somewhere. This would likely be at the back of the working class. It's not uncommon to see a rise in school fees, property or council tax, longer wait times at the hospitals, reduction of wages of teachers/healthcare workers, decaying infrastructures and hospitals etc. So the middle class end up paying more for services.

But the truth is this, reduction or no reduction, they still pay higher than the rest yet they are the smallest %age


But, Canada is in trouble.

No eu country do birth tourism.
US don join.

I think Canada, Brazil, Australia etc.

Since Canada call US their big brother, will they sustain this for a long time?

Nice one, this is the first move Trump would make that I will applaud. Anchor babies must be stopped. How can you visit a country simply because you are going there to give birth and allow you your new born to claim the citizenship, you are teaching your child how to commit a fraud right from the womb

Gerrard59:
From responses here, Nigeria's "lower class" are elated by this development and why should they not be? The contract worker in your bank's branch will never get to give birth or sponsor his wife to do same in the US; the dude doing his ND has resigned his fate about such privilege; the lass who struggles to fend for herself never imagine doing same and lots more in Watt Market, Ladipo, Gboko, Offa etc. They are happy with this development because even when the law was there, they never benefitted. So is it now it has been restricted that they would be worried? Ta! The persons who are worried about this are your upper middle class in Lekki, VI, Maitama, Ikoyi, Ikeja GRA, PH GRA etc. who believe their children lose out of a powerful passport which confer on them unfettered access to some of the world's best institutions at affordable rates and ease of entry at different POE stations globally. It is the middle class families who are in Yaba, Surulere, Ibadan, PH etc. who are worried that since they cannot afford $1M for investor's visa or even that of countries in the Caribbean region ($100K+) citizenship by investment, the citizenship by birth can afford their children (not them as parents) same opportunities as those in Lekki and Co.

However, these elites and upper middle class folks are in the minority or are basically infinitesimal in the scheme of things as the vast majority of Nigerians are poor. Those in the lower strata of the society won't feel concerned for the Ikoyi folks because these Maitama individuals didn't and don't feel concerned for the struggles of persons in my first sentence pass through. Which brings to the reality that Nigeria has to be developed and only the upper/middle class individuals can push for such development. But then, these Yaba, Ewet Housing, Ikoyi folks will simply move to Canada, Mexico, Brazil and other countries that offer citizenship by birth. After all, when the UK stopped post school visa, they moved to Germany and currently Canada.

In summary, the vast vast majority of Nigerians will be ecstatic with this news because it doesn't affect them in anyway let alone negatively. Call it schadenfreude, you won't be wrong.

You got the words from my mouth. Absolutely amazing way to put it. God bless you man!!

slyfoxxjoe:
Baba no vex but who will stay and develop this country, in fact what is the incentive to develop this country if the richest, most educated and most privileged of us can always run abroad for the most basic amenities that should be available to people here??

Your own PRESIDENT goes to London for medical treatment. That is not laughable

I don’t think you understand how much this single factor contributes to the underdevelopment and outright degeneration of this country, if not you will be more angry than I am.

Americans fought hard for the prosperous country they enjoy today. 200 years of blood and tears, it didn’t happen overnight. Let’s do the same thing for ourselves and stop running away like BASTARDS and COWARDs. Yes I said it again.

In a way you have a point, but bro, Nigeria cannot be fixed

Exactly. They keep giving them breaks with little to no regulations to make it worthwhile for the average citizens. This should be about us, shouldn’t it?

They should have a job quota that they are required to provide with each million or billion they get. What do they pay their employees to keep them living a decent lifestyle (I’m not talking minimum wage). What are their maternity and paternity leave requirements? Sick leave? Etc
Corporations are requiring their workers to do more and more with less and less even with all the money they are getting from govt. Workers are paying these exorbitant taxes to keep jobs in the country and also breaking their backs to maximize profit for the corporations without adequate staffing to make the job easy on the workers or the incentives that should come from the extra money they are getting in tax breaks.

For example, I work in a hospital. There’s a giant corporation buying up a lot of the hospitals in the country. They are giving this company so much monopoly it sickens me.
I moved from the west coast last year and encountered a different (actually worse ) system where I am now.

What would you know though, this company has bought its way all the way up from the west coast hospitals in its wake and is now here . They have bought the new hospital that I’m working at. Hello old friend! When one company holds that much power, it’s bound to be abused no questions asked

DexterousOne:


If they move out of the country

They should also sell their products out of the USA too

Or bring it and pay high fees.


The govt have been sucking up to yhrde grerfu corporations for decades that they have become spoilt and entitled

Give them incentives
But they have to pay their fair share of tax
Even tho it should not be excessive

You can also give them tax breaks on condition they expand investment and create even more jobs or do CSR (which btw the corporations are not doing)


We cannot continue to give them.breaks upon breaks, and breaking the middle class backs to cover up for the shortfall


This cromy capitalism greed must be destroyed kpata kpata kpata

DexterousOne:


We are not saying the same thing

Let me give you an instance
I'm a well travelled person, who have met people from different walls of life in different countries, and what I came to discover in Asia, especially Singapore and the rest (Malay/South Korea/Taiwan) is that they are not much different from us
I was shocked to learn some of the superstitions some of them still hold (about luck and all that, tho it's mostly the older class)

But the difference was that the poor, and unexposed and uneducated and backward ALLOWED those who have gone abroad to learn the skills and get the exposure, as well as well educated and exposed that were home grown to run ALL sectors of the economy, even government (God bless Lee Kwan Yew )

That way they enshrined and enthrone merit over the years in their system, and there was a turn around of things for the better of the country

Overtime, the others keyed into the programme and got on board
But merit has already been the norm and the culture

However, for black people, especially NIGERIA

Its like Satan tied stupidity to the hearts of them

The unexposed, stupid, incompetent and barbaric insist they want to be in charge of the affairs of this country
They use their numbers to fill up every critical place in the economy, and stifle any one who dares bring change to the system
It is across board

From the fool in Aso Rock
To the defence chiefs sending our boys to die
To the goat who is finance minister
To the dead wood in our unis that claim to be prof
And the list is endless

How can you then fight for such a country?
When the people who are to fight WITH you are FIGHTING YOU


Look at how Buhari got to power

Oga all this story will not change the basic point I am making that the more Nigerians that keep running abroad and lamenting from afar instead of coming back and playing their own little part in improving the country, the more things are going to remain the same for us.

I am well travelled too and have two degrees from the U.K. were I lived for 7 years before returning willingly to Nigeria because no corrupt political establishment is going to turn me into refugee in another mans country. We will make it work here or we die here. It’s our country to defend.

Sowore you speak of left His comfortable life in the U.S to try and spark a revolution in Nigeria which led to his arrest and harassment by the government..what he did went a long way in reorienting and enlightening our youth. so did Kalu and many other activists. More and more foreign trained entrepreneurs I know are coming back to Nigeria to play their part in at least moving the private sector forward since government cannot help. These are the little gestures I am talking about that if we all play our little part then with time, things will improve. Instead of running to foreign countries then lamenting when those countries no longer want you.

We can’t keep waiting for some politician to save us. We have to make it happen ourselves.