Business
Tax Payment Attracts Dividends Of Democracy – Expert
A financial expert and
social analyst, Dr. Joshua Jumbo has reiterated that prompt payment of taxes would attract dividends of democracy by the government.
Jumbo, who made this assertion in a chat with Our Correspondent in Port Harcourt at the weekend said the state would experience more infrastructural development if all eligible tax payers pay their taxes promptly and accordingly.
He frowned that most people avoid paying tax but would want the government to provide social amenities like electricity, good water, road network among others, saying that people must learn to pay their taxes promptly in order to enable government provide better services to the masses.
“It is unfortunate that most people including companies indulge in tax invasion, but blamed government for not providing adequate services and amenities to the masses”.
“Foreign countries thrive because they pay their faxes as at when due, and any one who failed to pay faces the full wrath of the government no matter how highly placed”, he further opined.
Jumbo said it is high time all hands were brought on deck as to make the economy viable for more developments and provision of social facilities for the people to enjoy.
According to him, all residents and people doing business in Rivers State and Nigeria in general should think of a productive nation rather than a consuming nation, stressing that with a productive enconmy, there would be employment, development, stability and advancement in all sectors of the economy.
The social analyst further called on all levels of government to compel all tax evaders to reconsider their stand this year 2016 and ensure that they pay their taxes prompt as at when due without government intervention.
He also called for proper accountability of tax payers’ money at the end of every season, so that the people would have confidence on the government and pay their taxes without any persuation.