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If you want people to stop creating wealth, you will tax it. It's that simple. If there is no incentive for creating wealth in India, you will remain a poor nation that barely gets by.
Government should do some reduction in surcharge and at the same time should levy some wealth tax, so that govt will be able to save his own interest regarding revenue and as well as interest (profit) of wealthier individuals. It will also prevent any demotivation for investors and capital flight.
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Whatever u said is only true in theory. Practically in India, more tax revenue will only go in freebies & politicians pocket.
If you want people to stop creating wealth, you will tax it. It's that simple. If there is no incentive for creating wealth in India, you will remain a poor nation that barely gets by.
Government should do some reduction in surcharge and at the same time should levy some wealth tax, so that govt will be able to save his own interest regarding revenue and as well as interest (profit) of wealthier individuals. It will also prevent any demotivation for investors and capital flight.
Tobacco and alcohol ke uper tax badhao
😏 politicians pe 80% tax laga kar india ko rich bana do 🫣others no need to pay any taxes