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For one of the world’s most debt-burdened nations, this is the latest effort to curb one of Pakistan’s more corrupt practices – tax avoidance, including below-market house appraisals.
He had been fined for his part in the illegal lockdown parties and tax avoidance by him and his wife.
Source: https://socialistworker.co.uk/what-we-think/kick-out-corrupt-tories-while-theyre-down/
High rates encourage tax avoidance because such avoidance has a higher payoff.