Amid COVID-19, FBR achieves revised tax collection target for 2019-20

[Jungibaaz]

Joke is on you who is now claiming 'am already aware of that' ...

Again this is the best that you can challenge me on, a value judgement?

Okay fine, but I still maintain that it is a joke. What am I saying is a joke? PTI’s budget management? No, haven’t claimed that anywhere, they’re doing as well as can be expected. Their macroeconomic management? No, it’s largely out of their control, they are unlucky to be in government at this time.

So what is a joke? Taking a bad situation and spinning it as some sort of victory, our finances suck, but hey look, if we revise our targets down several times, we can say we achieved them. It’s just PR.

Look at the way I worded what you have just quoted:

Revised target is understandably woeful but ‘achieving it’ as if you did something brilliant is a joke.

If the economy is slowing, increasing tax collection is impossible without causing lots of pain and further deflating it. I had hoped that with all the tough measures taken we might break 4,100 but I was sure that initial targets were completely fanciful. I don’t want to be unnecessarily critical of the government here, but this positive spin is completely false.

“Understandably woeful”, etc. I’ve basically excused them not meeting the target.

So what exactly are you upset about here? Where’s your objection?

If you breakdown the collection streams (imports taxes, export taxes, local taxes such as Income Tax, GST etc) and compare the streams and split %s from previous government, you should (but unlikely) realise that you need to study macroeconomics a bit more and research your figures properly before making wild statements!

Thanks again for stating the obvious. You’re trying to find an argument but you can’t, it comes off as strawmanning. Where have I said anything that contradicts the above? This government has been increases for tax revenues through multiple avenues, they have managed twin deficits as well as can be expected. They aren’t to blame for the current crises etc. These are things I’ve said on the forum multiple times. And nowhere here have I contradicted them in this thread.

So what are you arguing here?

 

[Verve]

Again this is the best that you can challenge me on, a value judgement?

Okay fine, but I still maintain that it is a joke. What am I saying is a joke? PTI’s budget management? No, haven’t claimed that anywhere, they’re doing as well as can be expected. Their macroeconomic management? No, it’s largely out of their control, they are unlucky to be in government at this time.

So what is a joke? Taking a bad situation and spinning it as some sort of victory, our finances suck, but hey look, if we revise our targets down several times, we can say we achieved them. It’s just PR.

Look at the way I worded what you have just quoted:



“Understandably woeful”, etc. I’ve basically excused them not meeting the target.

So what exactly are you upset about here? Where’s your objection?



Thanks again for stating the obvious. You’re trying to find an argument but you can’t, it comes off as strawmanning. Where have I said anything that contradicts the above? This government has been increases for tax revenues through multiple avenues, they have managed twin deficits as well as can be expected. They aren’t to blame for the current crises etc. These are things I’ve said on the forum multiple times. And nowhere here have I contradicted them in this thread.

So what are you arguing here?

'Positive Spin' is correct when you analyse the YoY figures and the changes in the split % of the tax streams.

Local tax collection is on the up (in absolute and %) - Positive!
Import bill down and import taxes down - Positive!
Export taxes and receipts up (in absolute and %) - Positive!

But you won't get all that.

 

[Jungibaaz]

'Positive Spin' is correct when you analyse the YoY figures and the changes in the split % of the tax streams.

First of all thanks for admitting what it actually is, you said it too while quoting me; ‘positive spin’, note the second and operative word there.

Local tax collection is on the up (in absolute and %) - Positive!
Import bill down and import taxes down - Positive!
Export taxes and receipts up (in absolute and %) - Positive!

But you won't get all that.

Thanks again for stating the obvious, yup revenues are up. It’s funny how you state this as if it’s some brilliant insight that you expect me to contradict and then leave an ironically condescending “you won’t get all that” at the end.

By the way, let’s just agree on facts, this will save you from stating anything else obvious in the hopes that it’s a brilliant riposte (riposte to what exactly? I still don’t know):

The current government has increased revenues, has decreased twin deficits pre covid and has improved the current account management fairly well. But taking missed targets, marginal improvements of varying degrees, and a bad situation not allowing you to perform as expected. To revise down targets multiple times and then claim you met them is positive spin. You can talk around it all you like. I know I haven’t a read a single serious objection or counter argument from you yet.

 

[Verve]

First of all thanks for admitting what it actually is, you said it too while quoting me; ‘positive spin’, note the second and operative word there.



Thanks again for stating the obvious, yup revenues are up. It’s funny how you state this as if it’s some brilliant insight that you expect me to contradict and then leave an ironically condescending “you won’t get all that” at the end.

By the way, let’s just agree on facts, this will save you from stating anything else obvious in the hopes that it’s a brilliant riposte (riposte to what exactly? I still don’t know):

The current government has increased revenues, has decreased twin deficits pre covid and has improved the current account management fairly well. But taking missed targets, marginal improvements of varying degrees, and a bad situation not allowing you to perform as expected. To revise down targets multiple times and then claim you met them is positive spin. You can talk around it all you like. I know I haven’t a read a single serious objection or counter argument from you yet.

Tax Revenue mix is far more important when economy is being reset. Ask any 2p worth economist! Now goa head and respond with another useless essay.

'Positive Spin' was from your post, so that your own words are to be used to get through your thick PMLN biased skin.

There is no spin - news is positive. Tax Revenue Mix is improving and that is indeed positive.

 

[Jungibaaz]

Tax Revenue mix is far more important when economy is being reset.

Sure, Cap’n Obvious strikes again. Thanks once more.

Ask any 2p worth economist! Now goa head and respond with another useless essay.

No need, you’re filling that role here, or attempting to. I’ve already got you explaining things that are obvious despite no differing opinion from my side.

'Positive Spin' was from your post, so that your own words are to be used to get through your thick PMLN biased skin.

I know, I emphasised it again in order to point out the difference between positive spin vs your strawman about positive change in absolute terms, the latter I never even contradicted. See the difference? Is it obvious? Or do you need a 2p explanation or essay?

There is no spin - news is positive. Tax Revenue Mix is improving and that is indeed positive.

Thank God.

Still not a single point worth replying to here. Okay you win the argument, well done. I say it’s spin, you say it’s not. If I had a gold medal to give you it’d be yours for effort alone and probably not for anything else. Clearly each progressive reply is getting nowhere, so I’ll just leave it here.