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.
3 comments:
Hey nice thought but its not complete...
Taxing if done in right way and dispersed among poor and needy our country would be richest possible land. But less than 20 % ppl pay tax and that to mostly salaried class.
Tax evasion is one of the few things which Indians do the best.
Good points...!!
Though,i'd like to add some more...easing the tax is not the only way but i also believe,the biggies(i,here mean the mnc's) who have enjoyed the tax sops provided by the govt for arnd a decade need to pull up their socks and show some responsibility..i mean,they have grown big and created an empire,at the same time i agree that they have given crores of jobs which has only benefitted the govt and our country,i don't deny that..they have enjoyed too much of levereage..i personally feel they should be given sops to begin with which will only encourage investment..NRN once mentioned in some interview,that infy would be ready to relinquish the sops they are enjoying..he immediately rose in my esteem though i dont know how much he'd want to do that(mind u,premji was quiet when he was questioned)..and i feel thats how it should be..
All said and done,its the govt which really needs to pull up its sleeve..they cannot be dilly dallying arnd with reservations(votebank anyone??)though i still feel,its premature to abolish reservations at this stage..they have to start spending on education big time..and thats one way that could help lessen the gap between the rich and the poor and its high time the second world countries start thinking big abt healthcare and education..
i'd agree with both ur points though..
finally,sorry for the intrusion though...i jus gatecrashed w/o invitation..my posts cud be deleted(that can w/o me saying)if not appropriate..
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