Mashat calls for reform of the tax system in Iraq

[yota691]

Mashat calls for reform of the tax system in Iraq

Economy | 12:06 - 31/08/2019

 

 

 

BAGHDAD - Mawazine News 
called the financial expert Sadiq Mashat, on Saturday, the need to adopt the process of reform of the tax system in Iraq. 
"Reform of the tax system makes it able to achieve fiscal policy objectives without affecting low-income people," Mashat said in a statement received by Mawazine News. 
And that, "European countries reap taxes on an ongoing basis and all that is sold or purchased from the public and private sectors, and this is what Iraq currently needs to increase the cash income of the budget." 
Al-Mashat pointed out that "the main problem is that the contribution rate of tax revenues in Iraq is very shy and does not reach at best to 5% of the general budget."

[NWGUY]

First these idiots need to raise the value of their currency, so they can collect some taxes.  The citizens will have more money to live on, and still be ahead of the game, even if they get taxed a little more.  

 

Somebody get me some aspirin!!  😎