View Single Post
Old 09-04-2012, 04:22 AM   #2
twiffatticy

Join Date
Oct 2005
Posts
641
Senior Member
Default
In the modern state-based Muslim majority country, apart from personal Zakat, what should the ideal Tax rate be especially in countries without significant oil and natural resources. In the western world, Singapore taxes at only 15% whilst Australia goes as high upto to 45% in the bracket for incomes above $150,000. Both countries people are generally well off and prosperous with good quality lives - good health care facilities and good educational standards and institutions. Muslims dont have things like nursing home and aged care packages and all other geriatric social costs as most geriatric people stay with their families. Thus our tax can be lower. However we need a tax and it would be interesting to know what would be appropriate. It would also be interesting for people from different Muslim countries giving the tax rates of their countries. Some people are aggressively anti-taxation like Habib Abu Zakir but they should realize that pre-taxable incomes are also generally very good in countries with high taxation and sufficient enough to leave a satisfactory balance post-taxation.
ASWW
Brother, When did the Prophet SAW or the Sahaba RA introduce a tax? Zakaat was enough to distribute to the poor and the needy and there was a lot more left over too!! Even for the running the affairs of the state!!
twiffatticy is offline


 

All times are GMT +1. The time now is 11:59 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity