Huzaima Bukhari & Dr. Ikramul Haq “We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify the tax code. The ultimate answer, in my opinion, is the fair tax, which is a fair tax for everybody, because as long as we still have this messed-up tax...Read More

Huzaima Bukhari & Dr. Ikramul Haq Near to complete 73 years of independence, our elites want to celebrate liberation from colonial rule after pushing the country into debt quagmire. This paradox depicts what Zulfikar Ali Bhutto highlighted in his book, Myth of Independence. What makes the situation more painful is the fact that every time...Read More

Huzaima Bukhari “Today I bent the truth to be kind, and I have no regret, for I am far surer of what is kind than I am of what is true”—Robert Brault While breathing her last on the hospital bed, an old woman confided in her husband that their very obedient 35 years old youngest...Read More

Dr. Ikramul Haq It is now officially confirmed that the coalition Government of Pakistan Tehreek-i-Insaf (PTI) secured over $13 billion in foreign loans in the fiscal year 2019-20 alone! It was the second highest amount in history. Resultantly, the PTI Government and those who later come into power will keep on borrowing just to repay...Read More

Huzaima Bukhari & Dr. Ikramul Haq In this article, we are highlighting the ideas of the great thinker, philosopher and poet, Allama Muhammad Iqbal, on economics and taxation. He is popularly praised and acknowledged for presenting Tasawwar-i- Pakistan [concept of Pakistan] and as Hakeem ul Ummat [messiah of Muslim Ummah] but little has been written...Read More

Huzaima Bukhari & Dr. Ikramul Haq After 73 years of independence, our leaders in power want to celebrate liberation from colonial rule after pushing the country into a deep debt trap. This paradox depicts what Zulfikar Ali Bhutto highlighted in his book, Myth of Independence. What makes the situation more painful is the fact that...Read More

Dr. Ikramul Haq The merger of Federally Administered Tribal Areas (FATA) with Khyber Pakhtunkhwa and Provincially Administered Tribal Areas (PATA) with respective provinces, after assent of President to The Constitution (Twenty-fifth Amendment) Act, 2018 on May 28, 2018, (‘the 25th Constitutional Amendment’) was undoubtedly an historic day. This long-overdue and much-delayed action promised to offer...Read More

Huzaima Bukhari & Dr Ikramul Haq The central government’s debt, excluding its liabilities, increased to Rs. 34.48 trillion by the end of May 2020—Central GovernmentDebt, State Bank of Pakistan (SBP). In the midst of fighting economic toll of Covid-19 endemic, hitting Pakistan enormously, like many other countries, the alarming figure of monstrous increase in national...Read More

Huzaima Bukhari & Dr. Ikramul Haq In this article, we are highlighting the ideas of great thinker, philosopher and poet, Allama Muhammad Iqbal[1], on economics. He is popularly praised and acknowledged for presenting Tasawar Pakistan [Concept of Pakistan] and as Hekeem ul Ummat [Messiah of Muslim Ummah] but little has been written about his work...Read More

Huzaima Bukhari “Rumour is a pipeBlown by surmises, jealousies, conjecturesAnd of so easy and so plain a stopThat the blunt monster with uncounted heads,The still-discordant wavering multitude,Can play upon it”—William Shakespeare-Henry IV, Part 2 Socrates (469-399 BC), a famous Greek philosopher known for his wisdom met an excited acquaintance, keen on telling him something: “Socrates,...Read More