Raising taxes may do more harm than good —Utomi

Raising taxes may do more harm than good —Utomi

Professor of Economics, Pat Utomi, has cautioned the Federal Government against rushing into the decision of taxing Nigerians as a solution to the nation’s economic downturn. The economic crisis plaguing Nigeria, amid falling global oil prices, had pushed the Federal Government to increase Value Added Tax from the current rate of five per cent, as

The post Raising taxes may do more harm than good —Utomi appeared first on Punch Newspapers.

Source: Raising taxes may do more harm than good —Utomi

-----------------------------------------------------------------
 -- News feed from http://www.punchng.com/