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Fixing the taxation system – Part III

One of the pernicious side-effects of a large dose of the federal divisible tax pool injected into the provincial finances is that the provinces have become slack in mobilizing their…

Fixing the taxation system – Part II

Studies on sectoral incidence show that industry bears more than two-thirds of the tax, while the services sector bears about 21 per cent and agriculture 3.0 per cent. In the…

Fixing the taxation system – Part I

Very few people outside the economics profession realize that fiscal (government revenue and expenditure) and current accounts (inflows and outflows of foreign exchange) are closely interlinked. A current account is…

An unfair taxation system

ONE of the bigger issues with our tax system is the deep-rooted unfairness that has been built, by default but often by design, into the system. Those who are documented…

Higher Taxation Versus System Overhaul

Higher taxation versus system overhaul

Being our own enemy is one capacity wherein we are self-sufficient; we know how to turn protests into selfdestructive events and the regime watches them as a bystander, or encourages…