The Scourge Of Rising Inflation leadership.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leadership.ng Daily Mail and Mail on Sunday newspapers.
The impact of excess tax is on everybody, but the burden is more on people experiencing poverty whose purchasing power has been eroded by inflation. The government cannot tax itself out of our economic predicament. Increasing personal income tax is one way government reduces disposable income to curb demand pull inflation, but the inflation in Nigeria is not because of increase in household income.
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