Donald Trump May Cut Income Taxes: What About The Pakistani Government?

Taxes are paid for infrastructure projects, economic growth, regulating government organizations, and domestic and foreign security.

In countries like Pakistan, where the rate of poverty is higher than in other nations like the United States, and where a lot of people are jobless, it is really very difficult to pay income taxes.

Already, U.S. President Donald Trump is thinking of eliminating taxes to give people some relief. Where is Pakistan standing? Does our government have similar plans because people are already suffering?

One good example is the large number of individuals trading or investing in online cryptocurrencies. Here, the competition is already high, and buying or selling $BNB , $BTC , and $SOL requires a lot of attention because we never know who we are dealing with and how much profit we will earn at the end of each month.

To tell you honestly, most of my friends are strugglers, and they invest only a few hundred dollars and then wait for weeks, months, and even years for the price to increase. That's why they are not even able to meet their full expenses, and these are the individuals who should be given some relaxation, because I believe that they deserve it.

Even if income taxes are eliminated, the government will make lots of money because foreigners keep giving us sufficient funds.

Do you think such a system should be introduced in Pakistan too?

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