No Taxes and Earning In Foreign Currency, The Double Advantage Of The Hidden Nigerian Worker
Tax is the most common and important government intervention to redistribute income among the population. It is an attempt to share the burden of economic growth through a progressive taxation system. The tax burden on the upper income groups is higher, and the burden is lower for lower income groups. There are many benefits of paying taxes. They help in the development and maintenance of infrastructure, like roads, and they can even help to create or maintain the institutions needed for the rule of law and the functioning of the democratic process. Taxes are the government's revenue for financing public spending, including building roads, school buildings, and hospitals, and for funding local government services, including police and fire departments, parks and playgrounds, and public libraries. [1] So it can be a big issue when taxes for one reason or the other are not being paid as they should be. This is the case for the Hidden Nigerian Worker earning his wages in forei...