The National, Monday 25th March 2013
I support writers who highlighted the high personal income tax regime the government is imposing on the salary we earn.
Why do I have to pay more than 40% of my salary as tax?
I find it hard to understand why this massive tax is imposed on me when my country is blessed with so many natural resources.
We have government arms that are generating income, not to mention mining and petroleum companies and other big companies paying taxes for doing business here.
There are so many ways the government is generating revenue to run PNG but it does not seem to be enough.
Can any leader justify the massive personal income tax that I am forced to pay?
Besides paying income tax, I also have to pay
10% VAT on goods and services when I shop or
eat out, use utilities and transport, tax on doing business, etc.
Why are there so many taxes?
The government is taking far too much from
me than necessary.
Please lower the tax rate and raise the personal income tax threshold because the government has other means and ways to collect money needed to run this country.