Experts: the imposition of taxes and fees abruptly will lead to a sharp contraction in the market
Experts: the imposition of taxes and fees abruptly will lead to a sharp contraction in the market
02/20/2016
BAGHDAD / JD / .. criticized by a number of experts and specialists in the financial and economic affairs of government policy to impose taxes and fees abruptly on goods and services without the prior knowledge, stressing that it will lead to grumbling society and to a sharp contraction in the domestic market, especially as the community knows that the money still go into the pockets of corrupt, while calling for the need to focus on sectors check entry of big profits, not to go easy taxes and randomness that affect the poorer strata of society.
He says economist Maytham and coffee, “We are not against the government’s orientation to impose taxes and fees and tariffs and fares services, but that this gift and one comes after a long slumber, this generates a private sharp contraction that the cuts in salaries and expenses have occurred.”
He Laibi Agency / KD / that “bind all ministries that go and come resources, without thinking, not included, this will generate effects it is commendable and makes the community complain and think of every way to get rid of this burden,” adding that “primary education is essential and must ensure that you are free, there is no need to draw any fees at him, but the removal of subsidies could be partially directed towards higher education, especially for postgraduate studies, this is not supported in most countries of the world, particularly since the citizens know that the money still goes into the pockets of corrupt nor spend aspects is useless. ”
He explained that the effort with taxes and fees, and fees for services, not a picnic-like ease of extraction of oil and sell it, but we need a variety of taxes affecting all you need to reach him, but the relative rates moderate, to be a heavy toll not be grumbling and evade them, not to the vessels specific tax high tax rates “.
He continued, “We also need to focus on sectors that check the entry and large profit, and go easy and indiscriminate taxes which affect the low-income classes, and also we need to departments tax efficient get taxes more than it spent on institutions and more than they put in their pockets own, as well as to the gradient , and we entrust to the style of shock, (from nothing to everything ..) out of the current crisis. ”
For his part, the parliamentary finance committee confirmed, that the imposition of taxes and fees is one of the means used by the government in the light of the current financial crisis, and can not be undone.
A member of the committee MP Jabbar told the slave / KD / The financial crisis that hit the country as a result of falling oil prices led to a lack of fiscal revenue for the state because, as is well known that the Iraqi economy depends on oil is president.
He said the government has taken several processors and solutions to address the financial crisis and to maximize revenue, including imposition of taxes and customs duties on goods and services and this in place in all countries of the world can not be for the government to back down on its application for the time being due to the crisis suffocating.
Iraq has been going through a major financial crisis because of lower oil prices in world markets to significant levels.
And oil revenues make up 93% of the federal budget resources. / End / 8 /
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