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Re: Pakistan 

By: clo in FFFT | Recommend this post (1)
Wed, 12 Dec 12 5:59 PM | 54 view(s)
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Msg. 48411 of 65535
(This msg. is a reply to 48410 by killthecat)

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Hey KTC,

Who knew, Pakistan may be the answer to those malcontents bitching about taxes, let them move there!




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DO SOMETHING!


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The above is a reply to the following message:
Pakistan
By: killthecat
in FFFT
Wed, 12 Dec 12 5:20 PM
Msg. 48410 of 65535

ISLAMABAD (AP) — A Pakistani think tank says the majority of the country's lawmakers do not file tax returns despite a legal requirement to do so.

Pakistan has one of the lowest tax-to-GDP rates in the world because payment is not well-enforced and major areas of the economy, such as agriculture, are exempt from taxes.

Wednesday's report by the Center for Investigative Reporting in Pakistan says around two-thirds of the country's lawmakers failed to file income tax returns in 2011, the latest data available. A similar percentage of the government's 55 Cabinet members also failed to file returns.

Even lawmakers who filed returns often paid very low amounts of income tax. The report says the lowest-paying member of the senate who filed a return, Mushahid Hussain, paid less than $1 in income taxes.


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