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)