The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has called on Nigerians to support the tax reform proposals put together by President Bola Tinubu.
According to him, one or two issues regarding some grey areas in the bills should not be allowed to become a bottleneck for its implementation.
He disclosed that the bills have than 200 transformative provisions that can move Nigeria forward and urged the citizens to look on the bright side.
Henzodaily reports Oyedele made the submission on Monday while featuring on a special Town Hall event on the Tax Reform Bills organized by Channels Television.
“These Bills Have More than 200 transformative provisions to fix our country and set us on the right part to prosperity.
“We should not allow one or two provisions that we can easily discuss and agree on to become the pain or the bottleneck,” Oyedele said.
Part of the benefit that would accrue to Nigerians include exemption of low income earners completely from paying taxes and a reduction in the PAYE of middle income earners according to him.
The chairman of the Presidential Tax Reform Committee argued that these two alone would reduce the tax burden on Nigerians by 90 percent.
He added that the areas causing controversies in the bills would also be ironed out.