According to Pakistanis living in US, the tax system is emptying the coffers of the average person

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The 2024-25 budget in Pakistan has sparked considerable debate, particularly among Pakistanis living abroad, regarding its implications for the economy and its impact on ordinary citizens. The budget has been criticized for potentially increasing unemployment and inflation. The new fiscal policies introduced are seen as particularly harsh on the salaried class and middle-income groups, which is a significant concern for many expatriates who still support families in Pakistan.

A major point of contention is the perceived inequity in the tax system. The International Monetary Fund (IMF) has recommended an overhaul of the tax regime to generate more revenue, suggesting a simplified tax structure with fewer slabs and the removal of various exemptions. These changes aim to increase tax collection but could also lead to higher tax burdens on the middle class and salaried individuals.

The expatriate community has expressed frustration over the economic policies, arguing that the tax system disproportionately affects ordinary citizens while allowing the wealthy and politically connected to evade significant contributions. They highlight the continuous burden on the average taxpayer, while the benefits of these taxes remain unclear or inadequately distributed in terms of public services and infrastructure.

Overall, the new budget’s approach has been seen as a missed opportunity to implement more equitable and growth-promoting economic policies, potentially exacerbating economic hardships for many Pakistanis【113†source】.

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