Taxes shouldn't be imposed on low earner groups like 300,000 or below. Rather rich and ultra rich should be taxed even more, like China (PRC) or the UK with a taxation rate of 45% for high earning groups.
The poor is already paying taxes inform of GST and indirect tax system.
Suppose...
more... one person earns 1,000 per day and another earns 10,000.
Both have to buy something that costs 500 Rupees but has a GST of 100 Rupees. The one who earns only 1,000 is paying 10% of their income in form of GST tax but for the 10,000 Rupees earner - it's just 1%.
Progressive taxation is for a reason, which is to decrease the rampant inequality over the world.
Personally speaking, in my socialist mind the fact that a toddler has to travel in crowded general coach and another toddler gets to travel in 1AC, just because they were born in a different family with different class standing.
I see this as no different than racism/casteism, where a person of one race is put above another - solely because they were born in a "superior race".
please wait...Translate to EnglishTaxes shouldn't be imposed on low earners like those making 300,000 or less. Instead, the rich and super rich should be taxed even more, like in China (PRC) or the UK where high earners have a tax rate of 45%.
The poor already pay taxes through GST and indirect taxes.
Imagine one person earns 1,000 per day and another earns 10,000. Both need to buy something that costs 500 Rupees with a GST of 100 Rupees. The person earning only 1,000 is paying 10% of their income as GST tax, while the 10,000 Rupees earner is paying just 1%.
Progressive taxation exists for a reason, which is to reduce the extreme inequality in the world.
Personally, in my socialist mind, it's unfair that one toddler has to travel in a crowded general coach while another gets to travel in 1AC, simply because they were born into a different family with a higher social class.
I see this as no different from racism or casteism, where one race or caste is considered superior solely based on their birth.
