The Effects of Federal Tax Component on Standard of Living in Nigeria
In the early days of civilization, biblical and pre biblical days, taxes were collected to maintain the kingsqueens, provide security and fight wars. It could be a direct surcharge on the citizens of the kingdom or empire or tributes paid by ‘conquerors’ to show their unflinching loyalty to mastersconquerors. These forms of taxes did not necessarily depend on richness or the ability to pay concept. There was of course no record of ac...