I am not for or against the Tax Reform Bill, for i have not had the chance to read the almost 400-page document. But what I am against completely is the speed with which this bill is being passed at NASS. Why the rush on something so sensitive that can have far-reaching consequences to the majority of the people in the country?
Have we not learned our lessons by the hastily removal of fuel subsidy and unification of FX without defining clearly the implementation strategy, which plunged us into the worst economic crises in the entire history of this country?
I believe there’s need for NASS to slow down and allow robust discussions by tax experts from across the country to carefully scrutinize this tax bill, and address any grey area that has the potential to further exacerbate our situation.
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