Imran vows to triple tax collection when in power

[expert]

brother,

I not talked about the KPK tax collection, the point of this form is IK will collect 7000 Billion,

for your information, our Population is growing , and as population grows, the economic activity also increased, and because of increasing economic activity, every person involved in driving the its income paying the indirect taxes!

so every year from last 15 years, our tax collection is increasing @ 15 % per annum, so saying this that IK will able to collect 7000 billion, sorry to say its impossible, because more than our 60% of our budget went in defense and debt repayment. and only 40% budget available for paying salaries, and for development expenditures.

and for your information from last 8 Years our development expenditures halted between 400 to 500 billion.

if IK will raise the development expenditure to almost 10000 Billion, then may be may be he collect around 7000 billion in year, otherwise not possible at all.

You need an English lesson before economics. I'll use simple sentences for you.

In Pakistan Direct taxes account for 25% while indirect 75%
In India the ratio is 50-50
In Japan only about 10% is sales tax, the rest is income and corporate taxes.

Rich people pay higher income tax because their income is higher.
Politicians in Pakistan are rich people. They don't want to pay taxes.
To make up for the loss of these rich people not paying their taxes, the poor are burdened.
Every sale in Pakistan has a 17% sales tax. If a poor man buys milk worth 100, 17 tax will deducted for the government.
In the USA, the current tax rate for the very very rich is 40%. Tax rates have been as high as 90% during WW2.
Ittefaq industries annual income is $400 million according to this Wikipedia entry (Ittefaq Group - Wikipedia, the free encyclopedia
If the tax rate was 40% annual tax of $160 million or Rs 1.6 billion would be paid by Nawaz Sharif's family alone.
That is A LOT of money.
But Nawaz doesn't want to pay tax.
So he avoids it in two ways:
1) Making wrong declarations.
2) Having a relatively low maximum tax rate of 30%.
He also needs help from friends. They find their way to avoid tax altogether--just like the many PML MNAs who pay 0 tax.
Now he needs money to fund his Mercedes gift to his favourite AG. He also needs it for his $400,000 foreign visits. What does he do? There are two ways.
1) He taxes the poor in the form of indirect taxes.
2) He borrows
Result? He gets richer while the poor get poorer.
Profit?

I hope you understand.

 

[mr42O]

How big is black economy in Pakistan ?
I am not the expert and dont know what IK said either. But what we all know only few % pay tax in Pakistan and most of them does pay what they should.

What we know current politican will never collect tax or even make proper policy and reason is very simple. THEY ARE BIGGEST TAX CHOR.

 

[expert]

How big is black economy in Pakistan ?
I am not the expert and dont know what IK said either. But what we all know only few % pay tax in Pakistan and most of them does pay what they should.

What we know current politican will never collect tax or even make proper policy and reason is very simple. THEY ARE BIGGEST TAX CHOR.

According to this report the formal economy is $180 billion and informal $160 billion. Is the Black economy all that black? – The Express Tribune

Most of the informal sector is controlled by rich dons and mafias. Hence, if it's formalized, we can easily double the collected tax.

And then they burden the poor by imposing direct taxes. GST is 17%. That is waaay too high.

 

[AZADPAKISTAN2009]

His policy is simple show people progress and they will trust government

No Rock scince

 

[Imran Khan]

phir bhi power nhi mily gee beta

 

[SBD-3]

Thats why all corrupt politicians are fighting against IK. Its every simple EVERY ONE HAS TO PAY TAX

Apni party key MNAs se to Tax niklavalo pehlay

 

[Danish saleem]

You need an English lesson before economics. I'll use simple sentences for you.

In Pakistan Direct taxes account for 25% while indirect 75%
In India the ratio is 50-50
In Japan only about 10% is sales tax, the rest is income and corporate taxes.

Rich people pay higher income tax because their income is higher.
Politicians in Pakistan are rich people. They don't want to pay taxes.
To make up for the loss of these rich people not paying their taxes, the poor are burdened.
Every sale in Pakistan has a 17% sales tax. If a poor man buys milk worth 100, 17 tax will deducted for the government.
In the USA, the current tax rate for the very very rich is 40%. Tax rates have been as high as 90% during WW2.
Ittefaq industries annual income is $400 million according to this Wikipedia entry (Ittefaq Group - Wikipedia, the free encyclopedia
If the tax rate was 40% annual tax of $160 million or Rs 1.6 billion would be paid by Nawaz Sharif's family alone.
That is A LOT of money.
But Nawaz doesn't want to pay tax.
So he avoids it in two ways:
1) Making wrong declarations.
2) Having a relatively low maximum tax rate of 30%.
He also needs help from friends. They find their way to avoid tax altogether--just like the many PML MNAs who pay 0 tax.
Now he needs money to fund his Mercedes gift to his favourite AG. He also needs it for his $400,000 foreign visits. What does he do? There are two ways.
1) He taxes the poor in the form of indirect taxes.
2) He borrows
Result? He gets richer while the poor get poorer.
Profit?

I hope you understand.

Brother,

I am not belonged to rich family, and most of time i got eduction in Urdu medium, but i have tried a lot to learn English, but sometimes yes its true my English we not upto the standards.

Secondly about the direct and indirect taxes, the system which we developed from last 67 years, in which our Bureaucracy always relied on in direct taxes, and its also the fact that when ever democratic governments came into power, debate on direct and indirect taxes started!

Brother its not possible for any one that change the indirect regime in just 6 months, and started collecting the direct taxes. for that firstly we need to get rid of corrupt Mafia sitting in the FBR, in which from down to chairmen everyone is corrupt. and without changing the mechanism of system, who ever came into power will not able to deliver.

brother again you forgot that the topic of thread is not a assets of Nawaz sharif, and if you wanted to discuss on that, then brother what about the assets of Jhangir tareen, and azam swati, sheikh rasheed, choudry shujaat and choudry pervaiz ellahi, and most importantly assets of Tahir ul qadri cousin brother of Imran khan.

so my point is, its not possible for imran khan to collect 7000 billions in just 1 year, he is speaking series of lies.

 

[expert]

Brother,

I am not belonged to rich family, and most of time i got eduction in Urdu medium, but i have tried a lot to learn English, but sometimes yes its true my English we not upto the standards.

Secondly about the direct and indirect taxes, the system which we developed from last 67 years, in which our Bureaucracy always relied on in direct taxes, and its also the fact that when ever democratic governments came into power, debate on direct and indirect taxes started!

Brother its not possible for any one that change the indirect regime in just 6 months, and started collecting the direct taxes. for that firstly we need to get rid of corrupt Mafia sitting in the FBR, in which from down to chairmen everyone is corrupt. and without changing the mechanism of system, who ever came into power will not able to deliver.

brother again you forgot that the topic of thread is not a assets of Nawaz sharif, and if you wanted to discuss on that, then brother what about the assets of Jhangir tareen, and azam swati, sheikh rasheed, choudry shujaat and choudry pervaiz ellahi, and most importantly assets of Tahir ul qadri cousin brother of Imran khan.

so my point is, its not possible for imran khan to collect 7000 billions in just 1 year, he is speaking series of lies.

Shahbaz claimed he would end load shedding in 6 months then 12 months. What happened? It's been 16 months and I hear load shedding is the same. In Karachi K-electric was able to turn the tables around in just a few months and I have no complaints with loadshedding whatsoever.

The KPK government has raised tax collection by 216% in one year. The punjab or federal government has managed no such feat. It's the same as Zardari. Zardari used to blame the military for its failures and now Nawaz blames Zardari. Niyyat saaf nahi toe kuch kaam nai hota.

Jehangir tareen is the highest taxpayer in Parliament. And stop deflecting blame. If Imran Khan party members are doing it we will hold them accountable too. Right now, the fact is that the PM is corrupt and ministers and MNAs don't pay taxes. Stop defending them.

What's stopping Nawaz from getting rid of the corrupt mafia? Is it the same reason that they have not been able to get rid of the punjab law minister after having been caught red-handed. In KPK many munsters have been dismissed for corruption. In punjab no such thing has happened in the last 7 years. In fact Nawaz has promoted 2 officials who a report said were responsible for the mismanagement of the 2010 floods.

 

[SBD-3]

https://twitter.com/x/status/516163038471151616

 

[mr42O]

Apni party key MNAs se to Tax niklavalo pehlay

Its not parties who collect tax its government who does that which pmln has failed since there leaders are involved in corruption and money laundering thats why no will not take any action. Last 30 years in power either in federal government or provincial government speaks for their failure

 

[SBD-3]

Its not parties who collect tax its government who does that which pmln has failed since there leaders are involved in corruption and money laundering thats why no will not take any action. Last 30 years in power either in federal government or provincial government speaks for their failure

PML-N nay parliamentarian dirctory publish ke hay to parliamentarians nay NTN liyay hain. Otherwise to bohat saray parliamentarians nay kabhi NTN he nahi liya....But Inqilab to andha hota hay....

 

[Waffen SS]

IK and their supporters can only watch triple X movies. Trippling tax revenues is just another piece in the string of idiotic ramblings from PTI's buffoon leader.

 

[mr42O]

IK and their supporters can only watch triple X movies. Trippling tax revenues is just another piece in the string of idiotic ramblings from PTI's buffoon leader.

Noting knew with these comments as worlds experts said SKMH cant treat ppl for free. Action speaks louder than words

 

[Jzaib]

brother,

how simple you are, quote me the amount of Tax collected in KPK! u deliberately quoted the percentage , the actual figure is as under :

1. Punjab collected 45 billion , and collected 37 Billion rupees last year
2. KPK collected 5.7 Billion , and they collected 1.8 Last year.
3. Sindh collected 36 Billion , and they collected 32 Billion last year.
4. Baluchistan collected 853 Million and they collected 453 Million last year.

now my point is, check the amount, like if making 100 rupees in to 200 rupees its easy, but collecting 2500 Billion , and raising that 2500 Billion into 7000 Billion in one year is impossible.

IK making fool.
!

I know the figues you told me . I just said he increase tax revenues in kpk . and it is true according to ur facts.
ur hatyed toward imran is visible i havent seen a post from u against altaf .molana zardari or nawaz... even if u say something bad about that u add but then start attacking imran again.

IK and their supporters can only watch triple X movies. Trippling tax revenues is just another piece in the string of idiotic ramblings from PTI's buffoon leader.

he already tripped tax revenue in KPK. google it

 

[Sliver]

how? by paying taxes himself? or by asking his close aides to pay taxes? that might actually increase the tax collection to more than 3 fold though!!