Nawaz Sharif Disaster Economics --- 10% Flat TAX Rate Dumbness

[xiaahmad]

Nawaz sharif few weeks ago in the interview said that he will implement 10% Flat Tax Rate HE IS SO DUMB PROVEN AGAIN

THIS MEANS HE WANTS POOR TO GIVE MORE TAX AND RICH PEOPLE TO PAY LESS TAX

Nawaz Sharif is so clueless about solving the economic situation in Pakistan that during an exclusive interview with Hamid Mir a few weeks back he proposes PML's economic plan to hinge on a flat 10% tax rate.

- He plans to RAISE taxes for an avg tax paying Pakistani household, Presently a household earning Rs 40,000 / month at the present tax rates pays Rs 333 in taxes ---- Under Nawaz Sharif's 10% flat tax will end up pay Rs. 4,000 (1100% increase) [poor getting over taxed]

- He plans to REDUCE taxes for the rich, Presently a household earning Rs. 10 Lac at the present tax rates pays Rs 1,98,000 ---- Under Nawaz Sharif's 10% flat tax will end up paying Rs. 1,00,000 (50% tax break) [rich getting tax cuts]

 

[nonamina]

he is a duffer............

 

[007koker]

or is k a n j e r ko vote dho

PTI zindabad

 

[xiaahmad]

This just shows wat kind of dumb person he is
and he was finance minister LOL (bigsmile)

 

[IMRANKHAN1]

 

[olympian]

PTI k nalaiq bacho, Taxation ka principle parho.

40,000 apki pay ho gi lekin tax aap apni taxable income pe 333 de rahe hain.
Aik cheez hoti ha taxable income, aap 40,000 pe nahi apni "40,000 - taxable income " per tax de rahe hain.

I dont know about this year, but few years back, 200,000 se ooper wali annual pay pe tax lagta tha, us se neeche nahi.

 

[NAWAZNOORA]

Yaar he is such a dumb person and thatsy he never appears on live interviews...

 

[amir_ali]

US national debt is more than 16 trillion dollars; Greece which has almost defaulted is indebted of an amount of more than 500 billion dollars,
Pakistan's is about 140 billion dollars. Forget about the current GDP to debt ratio, as it is bound to get a lot better with the improvement of GDP and payments of liabilities, say.

Romney was claiming that he would cut back the tax to 15 %. Why can't we cut it to 10%, provided the recovery system is vastly improved and tax whatever amount it is; is collected efficiently.

If we look at our Zakat system, its average amount comes to almost 10% as well.

If some one had seen that interview he would remember that NS was giving a general figure.

 

[xiaahmad]

PTI k nalaiq bacho, Taxation ka principle parho.

40,000 apki pay ho gi lekin tax aap apni taxable income pe 333 de rahe hain.
Aik cheez hoti ha taxable income, aap 40,000 pe nahi apni "40,000 - taxable income " per tax de rahe hain.

I dont know about this year, but few years back, 200,000 se ooper wali annual pay pe tax lagta tha, us se neeche nahi.

DUMB NOURA AGAIN PROVE THAT HE IS FOLLOWER OF NAWAZ
40000 Mentioned is Per Month :)

And simple logic is that his 10% flat rate means increase in tax rate for lower income people
and lower the tax rate for ppl with higher income

SOME ONE PLEASE TEACH NAWAZ SHARIF HE NEEDS TO GO TO SCHOOL (bigsmile)

 

[xiaahmad]

amir ali simple logic cant make it more simple

10% flat means higher rate for poor ppl and lower tax rate for rich ppl
DO U WANT TAT

 

[Vitamin_C]

Looks like Nawaz Sharif is trying to copy Agha Khan.
But Nawaz is a Chimp compared to Agha Khans intelligence level.
10% flat rate do this for 5 years and I guarantee you at the end of the 5 year, not accounting for other changes... Pakistan k 10 tukray ho jaenge.

 

[Vitamin_C]

PTI k nalaiq bacho, Taxation ka principle parho.

40,000 apki pay ho gi lekin tax aap apni taxable income pe 333 de rahe hain.
Aik cheez hoti ha taxable income, aap 40,000 pe nahi apni "40,000 - taxable income " per tax de rahe hain.

I dont know about this year, but few years back, 200,000 se ooper wali annual pay pe tax lagta tha, us se neeche nahi.

Bewakoofi ki baatein q kr rhe ho 40,000rs per month is over rs400,000 in a year.
As i recall from the interview there is not going to be any minimum taxable income for this flat rate, if you are earning as low as 500rs a year it will still be taxed under the flat rate. He will not rest from destroying Pakistan unless we grab a stake and stab him in the Heart.

 

[drsaleem007]

Dumb Nawaz ko vote dy k mrna h kya

 

[xiaahmad]

May be He was thinking Flat Tax rate 10% as Flat Bus ticket price any distance its 14rs. :lol:

 

[Zahida]

KOOL E NOORA SHARIF: TAX UTARO MULK SANWARO mulk to nahi sanware
lekin noora sanwar giya.

 

[xiaahmad]

Phely hi Pakistan mein Tax to GDP ration Kam hai and nawaz want to reduce it even more