Monday, December 8, 2008

Alleviate Tax please!!

There is a contrasting parity between the rich and poor in any economical framework. This is obviously attributed to unemployment and poverty. I ardently believe that solution to alleviate poverty is possible if there is scope for employment.

Employment is directly proportional to the tax levyed by the government. If the taxes were alleviated, that would create more demand . The demand would need more supply and this would lead to more formidable competitions, more business and hence employment.

The government attitude on taxing the big corporations and diverting that fund towards extenuating poverty has to be changed. You cannot mitigate the problem by making the rich poor. Rather beef-up the poor.