Tuesday, February 27, 2007

Developing Male' or Maldives?


SEVEN pictures merged to make one picture of the upcomming Maldives with the construction boom at it's most peak level. A man who got a small plot can just raise it up into the sky with just one room embedded with a kitchen and a toilet, still it can be rented out ONLY for more than 400USD. I guess I need to take some pics after 20:00Hrs in Male' main road and let everyone get a glimpse of the stampede that goes on the shopping road every night and special on weekeneds. Sometimes I wonder, what if something dreadful happen to male'? A calamity hit Male'? a Storm surge? A cyclone? a Quake? and always I come to the conclusion of STONE AGE.
Since I just posted these stuffs above, something that keeps me always wondering is why doesnt Maldivies impliment "INCOME TAX" policy as the rest of the developing nations? If the things as it is now goes - then it would be -
- RICH GETTING MORE RICHER AND POOR GETTIN MORE POORER! -
Income tax can be charged from individuals who earn a certain amount of money more than actually needed to and then it can vary from individual to individual. Someone who earns more than 1000USD a month can pay an amount of 5% of the amount as income tax and person who earn 800USD can pay 1.5% and like that.

3 comments:

autodynamix said...

yea i believe the government should consider an income tax in Maldives. I think what you are referring to is a pregressive income tax where the high earning person would pay a higher percentage of their income as tax.

The Xostedenzyme said...

Forget tax first. Maldives is a Muslim country. They don't even collect "mudhaluge zakaaiy" properly.

I know a lot of ppl won't like what I just said n say Muslim ways are old fashioned. (no wonder why so many ppl are turning to Islamic banking even in European countries). This is not a religious debate so I won't say anything about that further.

Those who don't live by their own beliefs n ways won't get nowhere.

Ismail said...

nass said...
Forget tax first. Maldives is a Muslim country. They don't even collect "mudhaluge zakaaiy" properly.

aaan.. i agree country is 100% Muslim, but people are kaafaru......