Sunday, 18 July 2021

Taxation of common man


 Taxation of common man. A legacy from Slave sultans days  right from days of Kutubuddin Aibek spreading from  12 century to Aurangzeb times  till 1707. During east India company days too taxation was high and many polygors revolted battles were fought and many were martyred.We are no way better even now. Taxing common man has been the sole method to raise funds by sultans, kings emperors and democratically elected govts world wide. Raising taxes results in spiralling of prices of all commodities as the producers of various goods and farm produce will raise prices and pass on to consumers.   The govts ate centre and states   are  resorting  to give free funds to various sections of people  and   this is resulting in great drain on govt funds and people are getting into laziness and will to work hard is dwindling. Farmers are being given free cash sanctions  per acre. But  rich farmers who are not in disress are also getting such money and govt is loosing money and tao gain funds govt raises taxes.  India is resorting to such vote catching tricks  and such tricks are ruining the country. When a tree is about to die it produces rotten and distorted  fruit. India is also on similar state. 

No comments:

Post a Comment