ISLAMABAD: The government introduced a 10 percent super tax on the wealthy on Friday with the intention of reducing poverty, according to Prime Minister Shehbaz Sharif.
In a series of tweets on the social media site Twitter, he provided the justification for the imposition of a 10% super tax on the wealthy.
Despite the political risks, we chose to rescue Pakistan from its economic mess. Pakistan comes first for us.
“This is the first budget to include a strategy for economic recovery. We will be able to escape the economic crisis thanks to the difficult decisions we made. The administration has made every effort to burden the lower-income and salaried class as little as possible, he said.
Since it has traditionally been the poor who have borne the brunt and made sacrifices for the country, we have asked our wealthy portion of society to do the national duty by sharing the load.