We can as well stop living now. I am sure next thing this government will do is reduce income tax to 20% and raise service tax to 35%. That way they give away x crores and recover 5x crores indirectly
Re: Great
by Biren Shah on Jun 05, 2015 02:09 PM
Dont worry, service tax will definitely increase but for that, no need to reduce income tax. Days will be back when all middleclass will be paying 90% to Government through tax and interest - while poor will get all subsidy and rich will get all black money (no tax) and earning double interest - so multiplying money. Middle-class will sponsor both poor and reach.