Ordinary Workers Taxed Upto 34% Piece Govt Ministers Every 2Nd Depression Every 2Nd 5%
Wednesday, June 14, 2017
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Title : Ordinary Workers Taxed Upto 34% Piece Govt Ministers Every 2Nd Depression Every 2Nd 5%
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You are now reading the article Ordinary Workers Taxed Upto 34% Piece Govt Ministers Every 2Nd Depression Every 2Nd 5% with the link address https://curlythink.blogspot.com/2017/06/ordinary-workers-taxed-upto-34-piece.html
Title : Ordinary Workers Taxed Upto 34% Piece Govt Ministers Every 2Nd Depression Every 2Nd 5%
Ordinary Workers Taxed Upto 34% Piece Govt Ministers Every 2Nd Depression Every 2Nd 5%
With the economic scheme olfactory organ diving, the province drowning inwards debt too O'Neill Government facing a serious cashflow crisis, many Papua New Guineans are struggling to survive.
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PNG Workers pay 34% inwards Tax |
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Post too image: Facebook/Bryan Kramar
An article past times B. KRAMAR outling the high revenue enhancement paid past times PNG workers inwards Oct 2018 - reposted.
Many I induce got spoken to questioned why they are taxed too then much? I explained taxes are necessary to ensure essential services are provided to the people. For example, policing, judiciary, correctional services, hospitals, educational activity to shout out a few, all funded past times revenue enhancement collections.
Real employment is Corrupt Politicians
The existent employment is that corrupt politicians exclusively cease upwards mismanaging too misusing (stealing) these funds to enrich themselves too their cronies. They instruct out overnight millionaires on the peoples difficult earned revenue enhancement money.
MP pay exclusively 5% inwards Tax
However, afterward making inquiries into but how much salary too payoff revenue enhancement Members of Parliament pay versus ordinary workers, I was shocked to notice that worker pay upwards 34% inwards payoff revenue enhancement spell a Government Minister is taxed equally depression was 5%.
For event lets tell a worker's gross wage is K400 a fortnight where his employer provides him a society vehicle too medium toll housing.
Their payoff would live calculated equally follows:
- Gross Wage K400.00
- Add Taxable Vehicle Allowance K125.00
- Add Taxable Housing Allowance K400.00
- Total taxable salary & payoff = K925.00
- Tax on K925.00 = K135.20
Their cyberspace accept domicile pay would live K264.80 (actual pay K400 less revenue enhancement K135.19).
Average PNG Worker Pays Over 40%, GST included
What is alarming is that the average Papua New Guinean worker whose gross pay is over K900 tin expression to lose upto 30% of his pay inwards taxes. Not to elevate a farther 10% GST when he spends it at the shop on goods too services.
Meanwhile Members of Parliament, Government Ministers too the Prime Minister are paid tens of thousands every fortnight too exclusively pay betwixt 5%-13% tax.
Members of Parliament Pay
Gross fortnight pay K14,600 less K1,280 revenue enhancement too K668 retirement produce goodness = Net accept domicile pay K12,600 Wage Tax represents exclusively 8%.
Government Ministers Gross fortnight pay is K25,400 less K1,300 revenue enhancement too K1,330 retirement benefits = Net accept domicile pay K20,100.
Where the revenue enhancement represents exclusively 5%.
Prime Minister Gross fortnight pay K38,000 less K5,100 revenue enhancement too K2,000 retirement benefits, cyberspace accept domicile pay K30,900.
What is shocking is this is nil compared to what corrupt Members of Parliament bag inwards DSIP too Development Funds annually.
It is interesting to listen Union leaders who induce got closed associations amongst Government Ministers publicly denote they produce non back upwards the i twenty-four hours boycott on Friday, nonetheless really soundless almost their workers welfare.
What is absurd is that these Union leaders feed from the workers contributions but similar Politicians are paid past times revenue enhancement payers coin exclusively to cease upwards stealing from them.
As a Member of Parliament it would live i affair to live paid good if nosotros genuinely earned our payoff past times running the province properly.
MPs proposed Pay Increas
I induce got received information O'Neill Government is proposing to growth MPs payoff too backdate the growth to 2016. The justification existence the abrupt growth inwards toll of living (CPI). What is absurd is O'Neill Government are responsible for the abrupt growth inwards toll of goods, too then Members of Parliament may plow over ourselves a pay rising but what almost the residuum of province who essentially pays for our wages.
Please portion this article or e-mail it to your function colleagues, friends too family.
Time to cease the madness - Join the i twenty-four hours boycott on Fri 26 October 2018.
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You are now reading the article Ordinary Workers Taxed Upto 34% Piece Govt Ministers Every 2Nd Depression Every 2Nd 5% with the link address https://curlythink.blogspot.com/2017/06/ordinary-workers-taxed-upto-34-piece.html