Governor Ben Ayade has sent an executive bill to the State House of Assembly. The bill is called tax exemption for low income earners.
The bill is exempt low income earners and those at the minimum wage level from paying of taxes. Ayade disclosed this yesterday in Calabar during an interactive forum with newsmen.
He said that the reason for the bill was to ameliorate the plight of the low income earners in the state and raise their economic well being.
“A bill to exempt low income earners and those in the minimum wage level from paying tax will be sent to the state assembly today. This we are doing to ameliorate their plight because they have other financial obligation to attend to and their income is very meagre.
When you tax a market woman who sells onions and tomatoes to pay tax, you are definitely taking away her profit and reducing the standard of her meagre business’’, he said. According to him, the bill will provide a social safety net to low income earners and raise their living standard.
He said that he would continue to fashion out ways of giving the core poor a sense of belonging. The tax exemption bill is meant to exempt the low income earners, those in the minimum wage category, okada riders, traders, barbers and other petty traders in the state from paying taxes’’, he said and assured civil servants in the state of their welfare and prompt payment of salaries.
– Edem Edem,Calabar