The government should bring in a tax structure where in people earning above a certain limit .. say more than 25 lakhs per annum should be asked to pay more tax especially earning business income.
Re: Income Tax
by jhonny k on Feb 04, 2010 07:42 PM Permalink
Socialism never works. Taxing the heigher earning ppl and distributing to someone else will backfire as this results in too many ppl in the benefit receiving que.
Income tax should be abolished or should be kept at minimal level. This will make ppl to have good money in there pocket and this helps economy and creates lots of jobs.. and eliminates poverty.
