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Yesterday, ZNBC released a statement that Zambia has decided to give Foreign Mining Companies a tax break for 10 years. We reject that decision by the Zambia Development Agency. We can’t people come and mine our minerals and then they be told not to pay tax for 10 years !!

Joseph Kalimbwe

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42,136 views • 4 months ago •via X (Twitter)

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Economist Arthur Laffer: "If you tax people who work, and you pay people who don't work, do not be surprised if you have a lot of people not working." "We tax speeders on the highways to get them to stop speeding. We tax cigarettes to get people to stop smoking." "Why then do we tax people who earn income? Why do we tax people who employ other people? Why do we tax companies that make wonderful products at low cost and make lots of profits?" "Don't for a moment think that the same consequences don't befall taxes on income, employment, and profits as they do on speeders and on smokers."

Economist Arthur Laffer: "If you tax people who work, and you pay people who don't work, do not be surprised if you have a lot of people not working." "We tax speeders on the highways to get them to stop speeding. We tax cigarettes to get people to stop smoking." "Why then do we tax people who earn income? Why do we tax people who employ other people? Why do we tax companies that make wonderful products at low cost and make lots of profits?" "Don't for a moment think that the same consequences don't befall taxes on income, employment, and profits as they do on speeders and on smokers."

Red Pill Dispenser

75,740 views • 9 months ago

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While we argue politics on social media, this is what’s happening on the ground. The 🇿🇲 Department of Immigration recently flagged a surge of foreign nationals illegally entering Zambia to mine our rare minerals. The Zambia Army has issued a firm ultimatum to stop illegal mining or face the consequences. If left unchecked, this threatens our national security. Meanwhile, some citizens still treat this matter as one open for debate.

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