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Hafeez Sheikh wins Senate seat

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Tarin was a banker. Even with my best intentions I cannot work as a Mechanical Engineer b/c that's not what I've been educated to do.

People in Pakistan neither understand the complexities of a national economy nor wish to do so (as everything comes under a big wide band of "banks" for them and banks have "interest" - riba). For most people, even the "educated" ones outside the financial industry banking, economics, accounting and auditing are somehow the same thing.

We've used bankers most of the times. Bankers can't handle economies. We need economists. Hafeez Sheikh is an economist.

Well I am neither questioning the abilities of Hafeez Sheikh, nor that of Shaukat Tareen. My concern is whether this parliament will allow Mr.Sheikh to implement his policies fully or not.

We cannot expect these feudal parliamentarians to bring agriculture sector under tax zone or anything that will go against their "interests" for that matter!

So no matter what how efficient Mr. Hafeez might be, unless he is given full authority to implement his long term plans, he would not be successful in my humble opinion.
 
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The problem of agriculture coming under the tax base is indeed really a "political" issue rather than an administrative.

Last year on a visit to Okara, a couple of farmers told me that taxation on agriculture would destroy their already meager incomes. When I informed them that the minimum taxabale income was far above what they earned, they were amazed for the local feudal had incited them emotionally by crying out against taxation on agriculture and they never knew that there was such a thing as minimum taxable income.

Let's see what the next month has in store for us. If they are successful in taxing agricultural output, then this would be a major achievement for this government.
 
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