Monday, February 18, 2013

Super Rich and Tax

Super Rich will always argue on these lines as they are more greedy than average people.They do not understand or bother to understand the problems faced by the average people of this country.By paying a little extra tax their life style may not change even a bit where as by making the ordinary people to pay more out of their limited income, their living standards will get badly affected. As it is they are robbed of their earnings because of high inflation and many are not able to provide quality education to their children,take care of their own health issues,and their old aged parents.These things the super rich will not realise or understand as they have enough to spend  and mostly their expenditures are borne by others.Even the very thought of increasing the tax rate irks them and they outburst with silly arguments forgetting the fact they have made the money from the same society and they have a responsibility or  liability to pay back to the society when it needs.Time they introspect
from:  Dr.T.V.Gopalakrishnan
Posted on: Feb 19, 2013 at 09:15 IST 
(This comment in response to an Article Taxing super Rich will be counter Productive appeared in Business Line dated 19/2/11)

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