Abdussamad
BANNED
- Joined
- Feb 21, 2009
- Messages
- 890
- Reaction score
- -2
- Country
- Location
Let them pour money after this money come in Pakistan impose heavy tax on them no one will buy their product and money inflow will benefit us for timebeing and for short term after which due to high taxes they will move out of Pakistan
The problem with this approach is:
- When they invest money in Pakistan part of that money will be used to lobby politicians to not change the rules on them. So once you let them in it's hard to make them go away.
- If you do manage to tax them heavily despite the corrupting influence of their money you will find that when they go away they will sell all their assets and repatriate the dollars they originally invested so you end up losing the money anyway.
- It doesn't send a good message to other foreign investors. Shows them that the government is fickle and will change the rules on you.