Why do we pay taxes?
I recently have been introduced to the world of tax. I have always wondered how the laws and decisions made by those Oga at the top affect us all. I thought I had an idea, but did I? As I was asking myself endless questions, I decided to pen them down, so that they don’t get clogged in my head. Also, I am no expert. The questions/arguments/thoughts that I put here are not different from the ones that Mama Mary at the next street would have. I have one advantage though. In my circle of work, there are people who understand money and tax issues. So, I will be asking them as I write, equally, I will share the responses with you. For 15 years now, every month without fail, 30% of my pay has been deducted and put in the tax/ government coffers. Except for a few months at the beginning of my career in radio, the finance officer/ aka the in-charge of everything would remove 30 %, this time though, it went in his pocket. So, first things first. Why is it that we...