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INEQUALITY AND TAXATION IN NIGERIA(1980-2010)
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- Contributor: mr-chris
- engagements: 58
- Case No: 470232pw
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ABSRACT - [ Total Page(s): 1 ]This research work evaluates the Impact of Taxation on Inequality in Nigeria from (1980-2010). From our finding, we found out that taxation does not have a statistical significant effect on inequality in Nigeria. Taxation is one of the most important and easy source of revenue to any government as the government possesses inherent power to impose taxes and levies. Inequality can be reduces in Nigeria if the government will take a special look at the rural areas than in the urban areas and help to bridge the gap between the have and the have not (rich and the poor). Finally, a tax reduce inequa
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CHAPTER ONE - [ Total Page(s): 3 ]Generally taxes can cause inequality as well as being used to reduce inequality. According to Black et al., 1999 Taxation are considered as the dominant way of reducing inequality. Taxes are imposed for a variety of purpose, they can be used to correct distortion in the market, they can raise revenue for the government, taxes can also be used for redistribution of income, thus in this work we will concentrate on taxes as a tool for income distribution in the country. In Nigeria federal income tax is administered by the federal inland revenue service (FIRS). In Nigeria inequalit ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]This research work evaluates the Impact of Taxation on Inequality in Nigeria from (1980-2010). From our finding, we found out that taxation does not have a statistical significant effect on inequality in Nigeria. Taxation is one of the most important and easy source of revenue to any government as the government possesses inherent power to impose taxes and levies. Inequality can be reduces in Nigeria if the government will take a special look at the rural areas than in the urban areas and help to bridge the gap between the have and the have not (rich and the poor). Finally, a tax reduce inequa
... Continue Reading
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