Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Taxing limits
by Rajiv Shivashankar on Feb 19, 2007 01:12 PM

The tax base must be widened as far as possible. The present system is fine, but tax rates can be lowered, and exsemptions dane away in most cases except in cases like home loans and retirement benefits. Tax should never go above 20% even at the highest, and all these surcharges and cesses is all bullshit, since the money is NEVER used for the cause for which it is levied.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Should tax rates be cut? Tell us