1.1 STATEMENT OF PROBLEM
It is the duty of the government of any country to provide its citizens with those basic amenities that will make life enjoyable to them. This is because individual cannot single handedly provides amenities themselves. The provision of these basic amenities can only be possible through payment of taxes by the citizen.
There have been a heart provoking outary by various state government in Nigeria over their poor financial base. This situation is becoming even more compounded by the obvious dividing feature of our oil economy. Inspite of the broadness and the comprehensive nature of our tax system, tax avoidance and evasion are on the increase. The ugly development has placed most state government in a situation where they cannot cope with their civic responsibilities to their citizens, hence a compelling need to put an end to this unwhole some circumstance in Nigeria through proper problem identification.
1.2 OBJECTIVES OF THE STUDY
The specific objective of this study are stated below:
1.3 RESEARCH QUESTION
For the purpose of this study the following research questions have been formulated.
1.4 HYPOTHESIS
For the purpose of this study the following hypothesis have been formulated:
H1: There is significance relationship between personal income tax and economic growth in Nigeria.
H1: There is significant relationship between total tax revenue and economic growth in Nigeria.
H1: There is significant relationship between total tax revenue and government expenditure in Nigeria.
1.5 SCOPE OF THE STUDY
It is the intention of the researcher to investigate into the extent our tax system with emphasis on personal income tax has affected the economic growth of Nigeria. Also the personal income tax Amendment Act 2011 will also be attempted by the researcher.
This research work is to look into the period from 2000-2012. Also the research work would cover forms on taxes and the personal income tax administration in Nigeria.
1.6 SIGNIFICANCE OF THE STUDY
The importance of the study is throwing more light on the role of personal income tax on the economic growth in Nigeria. Findings from the research will enable the following group of people benefit the following:
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