Analysis of Tinubu's Tax Reform Proposal in Nigeria: Addressing the Broken Social Contract
The article delves into the implications of Tinubu's tax reform proposal in Nigeria, focusing on the broken social contract between the government and citizens. It criticizes the lack of transparency and accountability in the new tax law, shifting the burden onto the people without delivering adequate public value in return.
The author suggests improving the current situation by enhancing tax compliance, enforcing stricter penalties for evasion, and implementing global minimum tax rules. The proposal aims to consolidate multiple tax laws into a single framework, emphasizing the need for a fair and efficient tax system to address the country's economic challenges.
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