psyah
May 10, 2011, 11:01am
37
Re: If you became the leader of pakistan tomorrow…
You realise you’re emphasising a system based wholly on indirect taxes? How is that supposed to bring relief to the poor? At least with income tax you have your income bands and tax rates set accordingly. If it were down to me I would try to invest all resources into bringing the income tax system up to scratch and bringing the self employed under the tax net. I’d make sure property tax was properly implemented and tax the agricultural landlords too. At the same time, I’d try to eliminate sales tax or any other form of value added tax from basic necessities (food, clothing, fuel etc.). The vast majority of the country’s consumers are poor and are unfairly forced into paying the same amount of tax on their purchases as the rich.
Agreed that was the intent of my comment earlier make salaries electronic so income tax becomes automatic. It can be set-up in a week but it will take months to enforce.