Review this weeks reading in particular the Zambian Revenue Authority note on Pay As You Earn. Review the examples so that you understand how the calculation of tax and emoluments from earnings is calculated. Below is a chart showing as of $2019$ what the Zambian monthly income bands are and the applicable tax rates.

Zambia Monthly Income Bands $(2019)$: Tax Rates $(\%)$

K$0$ to K$3,3000$

K$3,300\mathrm{.}01$ to K$4,10025$

K$4,100\mathrm{.}01$ to K$6,200\mathrm{.}0130$

Above K$6,200\mathrm{.}0137\mathrm{.}5$

Do you agree with these bands and rates? If you were in charge would you make any adjustments to either the band ranges or to the tax rates for each band? If so$,$ what adjustments would you make and why? Be specific as to your goal in making adjustments, is it to raise more money for the government for specific purposes, to lower the tax burden for certain income groups or what.