Government should focus on VAT in targeting taxes from the poor, because the citizens and people get no much benefits from government to pay taxes, and their business is just meeting their family survival needs. Government should explore luxury goods, petroleum products and such to get more tax.

Taxing the poor and informal sector will lead to increase in expenditure and leave the people with less disposable income. Disposable income is important for the grassroot, this is how the average man survives, when the ordinary people have money to spend, money flows round, in the villages, in the ghettos and communities. Government should not just focus on making money for government, but should understand that the informal sector and grassroots are the majority, this sector is what keeps our economy mobilized... government must keep this sector oiled and mobilized, by allowing the people have more disposable income to spend within each other, not taking all their money via taxes. Tax the rich and luxury goods.

Federal government must start building highrise shelters in major cities, where most Nigerians move to, places like Lagos, portharcourt, Benin, Ogun state, and such locations, to help in accommodation problems. The money saved from subsidy removal should be used to build shelters, accommodation in cities of Nigeria are expensive, compared to earnings.

Let the poor breathe, as our great Presido said himself.

And what would be the purpose of empowering people if govt can't tax them?

helinues:
And what would be the purpose of empowering people if govt can't tax them?

no country taxes it's way into prosperity. By the way, what empowerment do you speak of?

helinues:
And what would be the purpose of empowering people if govt can't tax them?

Empower them first. In Nigeria government don't pay social security payments to the poor or unemployed, government have removed subsidies, government does not provide shelter...so what's the incentive to pay tax. Government is not empowering Nigerians. There are lots of ways government can expand their tax bracket, that won't affect economic expansion, remember in Nigeria we pay tax, but the money might be entering the pocket of one greedy head of parastatal somewhere.

victory36:
no country taxes it's way into prosperity. By the way, what empowerment do you speak of?

The $500m just granted loan from IMF is for what?

FacilitatorLekk:

Empower them first. In Nigeria government don't pay social security payments to the poor or unemployed, government have removed subsidies, government does not provide shelter...so what's the incentive to pay tax. Government is not empowering Nigerians.

The empowerment is one of the reasons FG is saving money saved from the removed subsidies in order to know how to cushion the effects of the subsidy removal.

At least let's save first while accessing the impact

helinues:


The empowerment is one of the reasons FG is saving money saved from the removed subsidies in order to know how to cushion the effects of the subsidy removal.

At least let's save first while accessing the impact

The trust factor is an issue, those money can be embezzled by one greedy fellow, it's better to allow the economy boom, and government focus on general VAT they are getting already, because as the economy booms, the general VAT volume increases. Targeting small businesses for direct VAT again won't be the best for economic boom.

FacilitatorLekk:

The trust factor is an issue, those money can be embezzled by one greedy fellow, it's better to allow the economy boom, and government focus on VAT, because as the economy booms, the VAT volume increases.

Politicians will always be politicians, that they won't embezzle some of the money, na except if we want to be lying to ourselves but it can be reduced if we all play our part in monitoring their activities

helinues:


Politicians will always be politicians, that they won't embezzle some of the money, na except if we want to be lying to ourselves but it can be reduced if we all play our part in monitoring their activities

Is it not better to allow the economy boom, allowing the poor have more money to spend within themselves, than government taking those money via multiple taxes?

Expansion of our economy is paramount, it creates more jobs, more businesses and people can assist dependents.

FacilitatorLekk:

Is it not better to allow the economy boom, allowing the poor have more money to spend within themselves, than government taking those money via multiple taxes?

Expansion of our economy is paramount, it creates more jobs, more businesses and people can assist dependents.

How can the economy boom when we are using 93% of our revenue to service debt.

Why should we be borrowing loans to be paying subsidy?

For now, all those nonsense subsidiesbhave been removed, govt is implementing sime measures to raise tax starting from those who are earning reasonable after then the revenue made can be injected back into the economy through development program and empowerment

helinues:


How can the economy boom when we are using 93% of our revenue to service debt.

Why should we be borrowing loans to be paying subsidy?

For now, all those nonsense subsidiesbhave been removed, govt is implementing sime measures to raise tax starting from those who are earning reasonable after then the revenue made can be injected back into the economy through development program and empowerment

Am not talking of debt here, please stick to the discussion. This is not a discussion about subsidies, and government will make more from VAT and more employees taxes, if they allow economy boom. Let's debate intelligently, stop mixing things up. Stick to the argument. My position is over taxing small business and the poor, is bad for economic expansion, government can still make the same amount or even more by targeting other areas for taxation.This is not a discussion on debts. The informal sector, such as market women and small businesses are struggling people, overtaxing them will eat into their disposable income. There are several things that government can earn tax from. You are lying government is not using 93% to service debts, stop being fooled. Debt servicing most times means paying the interest rates, these types of loans are long term loans, it's the interest rates that are being serviced, that can never take 93% of our revenue, plus we have stopped petroleum subsidy. Please argue intelligently.

Will they listen?

FacilitatorLekk:

Am not talking of debt here, please stick to the discussion. This is not a discussion about subsidies, and government will make more from VAT and more employees taxes, if they allow economy boom. Let's debate intelligently, stop mixing things up. Stick to the argument. My position is over taxing small business and the poor, is bad for economic expansion, government can still make the same amount or even more by targeting other areas for taxation.This is not a discussion on debts.

There are some things some of you people don't know about governance. Debt servicing is the first priority of any government because you wouldn't want to default. FG would rather use the available funds to pay their due loans even before paying Workers salary not to talk of state monthly payment .

How can you discuss economy when you don't want to consider your debt ceiling

helinues:


How can the economy boom when we are using 93% of our revenue to service debt.

Why should we be borrowing loans to be paying subsidy?

For now, all those nonsense subsidiesbhave been removed, ....

Discussion is about taxing the poor too harshly.
Debt servicing ought to come from what the debt was invested in. Rails to Niger can't generate traffic and repay the debt that built it but you and your likes supported the borrowings back then.

Lastly, subsidies are not nonsense. Get sense.

helinues:
And what would be the purpose of empowering people if govt can't tax them?

So the purpose of empowerment is taxation?
All manner of things!

CodeTemplar:

Discussion is about taxing the poor too harshly.
Debt servicing ought to come from what the debt was invested in. Rails to Niger can't generate traffic and repay the debt that built it but you and your likes supported the borrowings back then.

Lastly, subsidies are not nonsense. Get sense.

Okay, you don't want to be borrowing loans ridiculously, so where then do you want to get the funds to fulfill all your campaign promises if not through taxation?

helinues:


There are some things some of you people don't know about governance. Debt servicing is the first priority of any government because you wouldn't want to default. FG would rather use the available funds to pay their due loans even before paying Workers salary not to talk of state monthly payment .

How can you discuss economy when you don't want to consider your debt ceiling

keep shut and stop behaviing as an animal. Taxation of poor is the topic.

being:

So the purpose of empowerment is taxation?
All manner of things!

Is empowerment a Greek gift?

CodeTemplar:
keep shut and stop behaviing as an animal. Taxation of poor is the topic.

Debate maturely.

The best way to show how intelligent you are is to dispute what I wrote not by throwing tantrums

Make dem dey tax dey go. Next year una go so face probe ehn, una rectum go dey leak. My own is I don't want to hear anything like Obi's policies are too hard. Because it will be payment from the cabal for removing the illegitimate nonsense fake SWAGAless government. If you are angry, then go to Bourdillion Road and demand that the owner of the house there pay for the damage he caused. Also nothing like they are probing enemies. Whatever inquiry they start, just take it like that.

helinues:


Okay, you don't want to be borrowing loans ridiculously, so where then do you want to get the funds to fulfill all your campaign promises if not through taxation?

if the useless rail to Niger had been to PH and generated traffic as is obvious from vehicular movement pattern, there will be no need to tax diesel users or bread consumers to pay train loan that's benefitting tuwo gobblers in katsina.

CodeTemplar:
if the useless rail to Niger had been to PH and generated traffic as is obvious from vehicular movement pattern, there will be no need to tax diesel users or bread consumers to pay train loan that's benefitting tuwo gobblers in katsina.

Please don't derail this thread.

This topic seems to be above what you can comprehend

helinues:


There are some things some of you people don't know about governance. Debt servicing is the first priority of any government because you wouldn't want to default. FG would rather use the available funds to pay their due loans even before paying Workers salary not to talk of state monthly payment .

How can you discuss economy when you don't want to consider your debt ceiling

America owes China over 15trillion dollars, debt servicing is not rocket science to understand, Nigeria makes enough money to service it's debts, servicing of debts requires paying the interest on the debts...and paying off the borrowed capital as at when due, and payments can be negotiated and our government can get more time, as long as the interest on the loans are being paid

Do you know how much FG earn daily?

If the situation is so bad, why is our political office holders spending so much on recurrent expenditure, budgeting billions to change luxury cars every 4 years, vehicles that can last for more than 12 years, why is FG not reducing salaries and allowances? Why is the federal government spending so much to take care of political office holders, living large, with Maybach Benzes and fleets and telling Nigerians that there is no money and the people need to pay more?

If Nigeria is broke, government, I mean political office holders will cut their allowances and it's expenses. You don't seem very enlightened, just mixing things up. So you mean, the people should suffer while political office holders live like kings, that's not what democracy envisioned. Democracy is about the people, the people deserve subsidies, in America government pay them social security cheques, government build shelters for the people, government subsidize food and healthcare.

helinues:


Is empowerment a Greek gift?

The purpose of empowerment is primarily the betterment of people's lives.. raising the standard of living of people...
Taxation as necessary or as expedient is very secondary

Why?
Where you all not rejoicing that he increase Lagos IGR? How did you think that came about? Which industry did he build that started generating 51bn if not the informal sector through tenement rate, TV/Radio permit and liquor permit that were taxed on small businesses
Dey play

FacilitatorLekk:

America owes China over 15trillion dollars, debt servicing is not rocket science to understand, Nigeria makes enough money to service it's debts, servicing of debts requires paying the interest on the debts...and paying off the borrowed capital as at when due, and payments can be negotiated and our government can get more time, as long as the interest on the loans are being paid

Do you know how much FG earn daily?

If the situation is so bad, why is our political office holders spending so much on recurrent expenditure, budgeting billions to change luxury cars every 4 years, vehicles that can last for more than 12 years, why is FG not reducing salaries and allowances? Why is the federal government spending so much to take care of political office holders, living large, with Maybach Benzes and fleets and telling Nigerians that there is no money and the people need to pay more?

If Nigeria is broke, government, I mean political office holders will cut their allowances and it's expenses. You don't seem very enlightened, just mixing things up. So you mean, the people should suffer while political office holders live like kings, that's not what democracy envisioned.

The number one problem is government excessive spending.

Secondly, loans is not a bad thing only if the money are being used for what it was obtained for. Imagine taking a loan of $5bn with 20% interest, 10 years term, meanwhile, 30% of the money must have been shared between the executives and the legislative, the contractors and other political lobbyists will also have there shares, eventually 40% of the acquired loans would be available for projects which can even be abandoned self.

How do you now expect such loans to make impact in the economy.

Government must first cut their wastage spending before considering of taxing the poor masses

being:

The purpose of empowerment is primarily the betterment of people's lives.. raising the standard of living of people...
Taxation as necessary or as expedient is very secondary

Empowerment to better the lives of people so that they can be a responsible citizens by paying their taxes regularly

We are saying the same thing bro

helinues:


The number one problem is government excessive spending.

Secondly, loans is not a bad thing only if the money are being used for what it was obtained for. Imagine taking a loan of $5bn with 20% interest, 10 years term, meanwhile, 30% of the money must have been shared between the executives and the legislative, the contractors and other political lobbyists will also have there shares, eventually 40% of the acquired loans would be available for projects which can even be abandoned self.

How do you now expect such loans to make impact in the economy.

Government must first cut their wastage spending before considering of taxing the poor masses

The blame for the embezzlement and mismanagement is solely on the political class.

Democracy is not about political office holders living like kings while the poor starve, the people deserve welfare packages or subsidies whatever you like to call it. Democracy is not about political class living like kings and telling the people to pay more taxes.

Democracy is about utilizing revenue to create infrastructure, welfare and essential utilities and security for the citizens, you are sounding like you want the political class to be enjoying all the revenue and benefits, the people are more important in a democracy than political office holders.

FacilitatorLekk:

The blame for the embezzlement and mismanagement is solely on the political class.

Democracy is not about political office holders living like kings while the poor starve, the people deserve welfare packages or subsidies whatever you like to call it. Democracy is not about political class living like kings and telling the people to pay more taxes.

Before blaming the political class, you need to first blame the community/society that's continuing producing such class of politicians

Government needs to do more for them

helinues:


Before blaming the political class, you need to first blame the community/society that's continuing producing such class of politicians

Makes no sense, they voted them in to lead, they didn't swear an oath to go in and loot, but to lead. The blame is solely on the politicians that embezzled.