Yes I do and I have a said it aloud. And you would too if you were made to pay hard-earned money for nothing-absolutely nothing! When I found out that a friend was paying Rs.30,000 in taxes every month, it was painful for me.
Had I been living in Canada, I wouldn’t have grumbled so much for I could see the returns-education, health, security.
However, in our beloved country, I see it in the form of pounds accumulating on the bodies of much-hated politicians. It pains us so and the reason many of us try to evade it is the simple logic-it doesn’t do anything for us.
Furthermore, in a country like ours where poverty and illiteracy is a permanent curse, we have a progressive tax system. The more you earn, the bigger the responsibility you shoulder-the responsibility of fattening our politicians’ pockets. As shared by a friend, following is the tax rate system of Islamic Republic of Pakistan:
Taxable income Tax Rate
Where taxable income is below Rs. 200,000 0%
Where the taxable income is between Rs. 200,000 – Rs. 250,000 0.50%
Where the taxable income is between Rs. 250,000 – Rs. 350,000 0.75%
Where the taxable income is between Rs. 350,000 – Rs. 400,000 1.50%
Where the taxable income is between Rs. 400,000 – Rs. 450,000 2.50%
Where the taxable income is between Rs. 450,000 – Rs. 550,000 3.50%
Where the taxable income is between Rs. 550,000 – Rs. 650,000 4.50%
Where the taxable income is between Rs. 650,000 – Rs. 750,000 6.00%
Where the taxable income is between Rs. 750,000 – Rs. 900,000 7.50%
Where the taxable income is between Rs. 900,000 – Rs. 1,050,000 9.00%
Where the taxable income is between Rs. 1,050,000 – Rs. 1,200,000 10.00%
Where the taxable income is between Rs. 1,200,000 – Rs. 1,450,000 11.00%
Where the taxable income is between Rs. 1,450,000 – Rs. 1,700,000 12.50%
Where the taxable income is between Rs. 1,700,000 – Rs. 1,950,000 14.00%
Where the taxable income is between Rs. 1,950,000 – Rs. 2,250,000 15.00%
Where the taxable income is between Rs. 2,250,000 – Rs. 2,850,000 16.00%
Where the taxable income is between Rs. 2,850,000 – Rs. 3,550,000 17.50%
Where the taxable income is between Rs. 3,550,000 – Rs. 4,550,000 18.50%
Where the taxable income is between Rs. 4,550,000 – Rs. 8,650,000 19.00%
Where the taxable income is more than Rs. 8,650,000 20.00%
It is just not done. Either the respective government should justify the tax revenues or…Well, being an employed person I cannot really evade taxes but the day I become self-employed, I will not pay a penny come hell or high water unless I see it benefitting someone-not necessarily me but any one!