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.
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