29/04/2024
In Defense of Enugu State Government Initiatives: Strengthening Tax Base for Sustainable Development
Amidst the recent public outcry over the Enugu state government's decision to increase taxes, particularly targeting major markets;such as Ogbette and Ogige, it's crucial to shed light on the rationale behind such initiatives. While initial reactions may stem from frustration and skepticism, it's essential to recognize the broader context and the potential benefits these measures can bring.
First and foremost, expanding the tax base is a fundamental aspect of fiscal responsibility and sustainable governance. By increasing revenue streams, state governments can finance essential services and infrastructure projects, ranging from healthcare and education to transportation and public safety, without necessarily waiting for federal allocations before undertaking such. These investments are vital for improving the quality of life for all citizens and driving economic growth.
It's important to address the misconception that such tax increases are arbitrary or unjustified. In reality, they are often a necessary response to evolving economic realities and fiscal challenges. Major markets represent significant economic hubs within the state, generating substantial commercial activity and revenue. Asking them to contribute their fair share through taxation is not only reasonable but also equitable.
Furthermore, the notion of accountability must be addressed head-on. While concerns about government transparency and accountability are valid, they should not overshadow the broader goals of fiscal sustainability and public welfare. Instead of rejecting tax increases outright, citizens should demand greater transparency and oversight to ensure that generated revenue is allocated efficiently and effectively.
It's also worth noting that increasing taxes on major markets is a common practice in other parts of the world. In many developed countries, businesses operating in urban centers are subject to various taxes and levies to support local government services and infrastructure. By aligning with international standards, state governments can foster a more conducive business environment and attract investment.
In conclusion, while the decision to increase taxes may be met with resistance and skepticism, it's essential to recognize the long-term benefits and necessity of such measures. Strengthening the tax base is not only a pragmatic approach to fiscal management but also a means of ensuring sustainable development and equitable distribution of resources. By fostering informed dialogue and advocating for accountability, we can work towards a future where taxation serves as a catalyst for positive change rather than a source of contention.
I am Oriko Ikenna