India’s tax collection is growing like crazy; At this speed the politicians will be billionaires
Rise of tax is inversely proportional to the public infrastructures. Government schools are on the decline, public Healthcare on decline, and what not. But tax will keep increasing, we will keep paying until we become poor, and our opinions won't matter because salaried middle class are a tiny droplets in the ocean of population.
Exactly. A lot of progress currently is coming via the private sector which is empowered
Lol pointless figure if you dont share tax as a %age of GDP. Of course taxes as an absolute will increase as GDP increases but is it increasing out of line with it or below it? What is the benchmark with other countries at all sorts of PCI levels?
GDP contracted during covid
the grew again to a level that is still less than what it was before COVID
before COVID economy was growing at 4%
Most politicians are already billionaires. Check their election commission affidavits. And booming tax collections are a sign of high tax rates as growth is pretty much stagnant
Well that generally happens if you tax everything more or tax more things
Aren't they already?
Bold of you to assume they aren't already
Encounter money
This is all while corporate tax rate keeps going down
