The Swiss club
This
refers to the news report, ‘Tax of billions evaded, black money whitened every
year’ (November 23). The government will never allow the FBR to go after those
who have been evading taxes. If the real worth of properties is declared, both
buyers and sellers will have to pay higher taxes. With the way things are, an
income tax inspector or a customs appraiser can buy a bungalow in a posh area
like DHA, and only pay taxes amounting to ten percent of the actual price.
The government has done nothing because it prefers to heavily tax honest taxpayers. Meanwhile, those who cheat will continue becoming richer and eventually become a part of the elite club whose members have Swiss bank accounts and own properties in foreign countries. Let us not forget that most of our politicians are already members of this club.
Shakir Lakhani
Karachi
The government has done nothing because it prefers to heavily tax honest taxpayers. Meanwhile, those who cheat will continue becoming richer and eventually become a part of the elite club whose members have Swiss bank accounts and own properties in foreign countries. Let us not forget that most of our politicians are already members of this club.
Shakir Lakhani
Karachi
Printed
in The News, November 29, 2015
http://www.thenews.com.pk/Todays-News-11-354053-The-Swiss-club
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