Nigerian workers reject new levy on rents, leases
on Friday rejected the new federal government policy that imposes a maximum 6 per cent stamp duty on all tenancy and lease agreements in the country.
The FIRS said landlords and property agents are to remit such collections to it as part of efforts to boost the government revenue. “The Nigeria Labour Congress rejects this new stamp duty policy on rents and leases as it would worsen the deplorable situation faced by Nigerian workers most of whom, unfortunately, are tenants.
“It would be illogical, insensitive and inhumane to churn out laws that make poor Nigerians go to bed at night with tears in their eyes.”The principle of public taxation, especially progressive taxation all over the world, is that the rich subsidises for the poor. Every tax policy that would be enforceable must create a safety net for the poor, the union leader said.
“It does not make sense to ask Nigerians to make sacrifices when they are daily regaled of putrid stories of how public officials are accused of swallowing money in billions and making a comic of ‘fainting’ afterwards. We cannot just continue to treat ourselves like this.
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