Letâs rip the Band-Aid off: if you live in Nigeria and survive on scraps, your government just spat in your face. This isn't hyperboleâthis is outright war. The so-called 'Presidential Committee' didn't shuffle papers and crunch numbers in search of fairness; instead, theyâve delivered a cold-blooded insult, cloaked in the sterile language of fiscal policy. By setting the income tax exemption threshold at N250,000 PER HOUSEHOLD, not individual, they've declared: 'Poverty is not our problemâit's yours.'
But hereâs the kicker: Nigeriaâs political elite want you numb to this abuse. They've conditioned us to treat wage theft and systematic robbery as normal, even virtuous. That monthly wage you stretch thinner than wafer paper? If your combined household income scrapes above a pittanceâno matter if youâre feeding six children or seven unemployed relativesâthe state is here, hand outstretched. For what? To sponsor private jets, foreign medical trips, and bulletproof SUVs for a class of rulers who wouldnât survive a day on your budget.
Letâs do the obscene math: At todayâs exchange rate, N250,000 isnât even $200. Not per breadwinnerâper family. Thatâs the verdict from pampered emissaries, whose daily lunch allowance eclipses what they expect you to earn in a month before being taxed. This is an engineered misery. When they talk about 'broadening the tax net,' what they mean is stretching the safety net into a noose. And letâs be real: this is not about fiscal responsibility. Itâs about keeping you one emergency away from begging, while the architects of hardship party with your tax naira in foreign nightclubs.
Hereâs whatâs truly sickening: youâve been taught to bow in gratitude for every scrap. Mainstream pundits will say, 'At least they set a threshold!' But why should Vaseline-lipped ministers be pampered off your pain? Why should you, your family, and your children pay for a broken contract you never signed?
Letâs call it what it is: state-sponsored extortion. Inverting the welfare stateâstealing from those who have too little to begin with, so those who have too much can wallow in more.
So what do we do? Will you share this outrageâlet it anger you, or will you send another meme and sigh into indifference? The system wonât change until we stop celebrating our shackles and demand an economy that doesnât cannibalize its weakest. The committee has drawn the battle lines. Which side are you on?
This article was inspired by the headline: 'Presidential Commitee Says Income Tax Exemption Threshold Is N250,000 For Household, Not Individual - Sahara Reporters'.
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