IMF advises Nigeria to increase tax and reduce debt.
Great advice, eh?
Why no advice on:
stealing of collected tax by tax officials?
minimal tax collection coverage due to lack of zeal on the part of the tax officials?
witch hunting of taxpayers by tax officials?
Collusion with tax defaulters to evade tax, penalties?
And many other problems in our tax administration environment such as unreasonable penalties for minor defaults, double taxation, etc.
Merely increasing tax without addressing these problems will yield minimal results and we keep borrowing. Addressing all of them head on will make tax increase less necessary now
