Taxman’s noose, bound to tighten

The taxman’s noose is bound to tighten in tandem with the country’s growing appetite for projects whose funding remains unknown. More pressure will continually be mounted on the revenue collector as a fall back plan to feed this monster called development.

The pressure is indeed insurmountable, since, whenever this topic of development comes to the fore, the immediate comparison is with countries like Singapore who are said to have been in the same page with us 50 years ago. But how they moved from developing to a developed nation, is the puzzle we seek to piece up by playing catch up with the sudden launch of projects which prove burdensome to the taxpayer. Therefore the revenue collector will be casting their nets wider and this couldn’t be a better time to clean up and clean out.

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