I have wondered many times how and why should the salaried person pay so much tax while the ones who own business units pay a meager amount? The so called IT employees are considered to be the rich onses...but when you calculate 1. The Tax that an IT person pays- close to (35%) 2. The Service Tax close one very thing (12.24% on every item which amounts to 10% of ones earning) So finally if you see, we straight away pay close to 50% of our salary as taxes in some form or the other. While i take for example a mechanic near my house..who services around 15 odd bikes a day and makes a net profit of close to 50 grads a month (with no tax liability). So I ask this question.. Is this what we call India shining? or do we say that with all the money that we pay as taxes the people who are poor get three times food, shelter and care free life so that they can keep mating to produce some more off spring and we start supporting their off spring as well?? Where are we heading?? I am not against paying taxes...But i don't want to give my hard earned money for someone who will produce some more kids for us to take care off!
