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Wealth Tax.
by send on Feb 22, 2010 02:38 PM

If I was FM,I would levy wealth tax of 50% those who earn(including all assets[movable & immovable] for that financial year) 50L-1Cr, 75% for 1Cr-3Cr and 90% of above 3Cr.And spend this revenue for free education,food,shelter and clothes to all below 18years old and make education is compulsory for everybody.

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