Some call it jangali tax, others call it Value Added Tax (VAT), but actually a tax is a compulsory levy collected by the government to fund public expenditure.
It should be noted that since the history of Imo State, tax evasion was not common as it is now. While the previous regime imposed tax on the peasant income earners without providing welfare services for her citizens, the incumbent Shared Prosperity Government of Distinguished Senator Hope Uzodimma has empathized with the low income earners who earn below seventy thousand naira (70,000), per month.
This new development that curtails deregulation that hampered the growth of Small, Micro and Medium Enterprises (MSMEs), is the best initiative that a government can bring into limelight, to pave the way for businessmen and workers to have absolute control over their viable economic means or resources, without apprehension of government interference that often compel them to share their dividends.
The Governor's remarks endeared Imolites as a father who does not want to allow his children become destabilized, financially.
Hence, he understands that Imolites have different category of self-employed businessmen and Civil Servants who deeper in age, upbringing and marital expectations. And therefore, they need to attain a certain level of financial independence.
The aftermath of this commendable goodwill disposition of the Governor will ameliorate the sufferings of the masses in a tax free socio-economic
dispensation.
For the avoidance of doubt, the compensated working class citizenry have admitted that their plight was caused by global economic recession in the labour market where inflation disequilibrium demand and supply interchangeably.
GOD BLESS THE GOVERNMENT OF SHARED PROSPERITY
Publisher: Don Martyn L.O
Ikeduru APC Media Hub
08032950897
Ikeduruapcmediahub@gmail.com
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