Tinubu’s Tax Tragedy And The New Year

 By Kenneth Okonkwo

Tax is generally regarded as a burden on the people. It is the compulsory contribution of the citizens to the development of their country. The citizens are expected to pay a proportion of their income to the government in trust, in return for the provision of needed infrastructure for economic and social development.

The unfortunate thing about taxation is that it is still compulsory for the citizens to pay it, even if the government fails to comply with its side of the bargain. In a corrupt society, the government embezzles the tax paid by the people, and spends it on ostentatious lifestyle while the people wallow in abject poverty and penury.