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Rmove subsidies increase indirect taxes
by Bharat Kumar on Jun 05, 2008 03:54 PM

Do you know only 2 percent of Indian population pays income tax? That means you and I have to bear the burden of running the country. The rest 98 percent either shows low income and gets away scot free or does transaction in cash and cheats the nation. The only way out is to make sure everyone of us pays taxes. Hence, indirect taxes should be kept higher to spread the tax burden equally. Today you pay taxes to the tune of 1 Lac per annum and the same is distrubuted among the vote banks by the politicians as if it's their father's legacies... Moreover do you know that MPs take home tax free salaries!!!! This is in additions to all the commissions they take.... Hence, I fully support the increase of petrol price. In fact it should be totally market driven. Also indirect taxes in all comodities should be increased....

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Bandh cripples life in Left-ruled states