Asalaam-O-Alikum & Hello to my countrymen
As you all aware of current economical situation, we plan and deploy the current taxation system on very high recommendation but seems like it didn't work for us.
At this time I would seriously like to put few option's on the table to collect some good amount in country treasury. I also like to tell you about our minimum monthly budget which is around 40,000 CC which only cover our 4 mpp. Our current monthly income is around 10,000 or less.
Our Current Taxation Menu
Incometax: 10% Food & Weapon (Applied On your salary)
VAT: 5% Food & Weapon (Applied on your goods you sell in market)
Import Tax: 1% Food & Weapon (Applied on international sellers)
My Opinion for Taxation
Vat: 3% Food & 7% Weapon
Import Tax 5% Weapon & 3% Food
Please post your review on the above suggestion ASAP.
This is me St0L3n signing off
Editor in Chief
Ministry Of Finance
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