Idiot. Everyone pays tax - because all consumption is taxed. Take an example of a shopkeeper. He pays taxes, hence would also keep prices in a manner that accounts for the taxes he pays. He pays income tax, but that money is recovered from the consumers. If government were to not tax them, competition would drive down the prices, because shopkeepers would have more margins to compete with. They'd compete away the surplus margin due to the removal of tax. In the end, it is always the consumers that bears the tax. (There is also a basic concept of deadweight losses, which is taught in economics 101, but I'm not covering that here.) But essentially all the taxes that are applicable on some income, ultimately comes from the consumers' pockets that paid towards that income.
And GST is straightforward. I hope you can understand it. So it is not 2.2%, it is practically all Indians who pay taxes.
Before labelling someone idiot, just have the basic understanding that 2.2% is the % of people paying direct taxes.
Don’t be so ignorant.
If someone writes "taxpayer as a % of population" then I must tell them that taxpayer just doesn't mean direct tax payer. If you don't get that, calling you an idiot would be seriously overestimating your cognitive faculties.
Unfortunately, this minority doesn’t even realise how it’s been looted by others. By both at the top and bottom of the pyramid.
Its hightime Indian Govt should consider linking atleast some benefit for the direct taxpayers.
Something like Priority & Free healthcare, Life Insurance cover, or kuch nei toh atleast children’s education in private school, colleges should be given at subsidised rates.
I was to give an interview for a post-graduate degree abroad, and right up until today morning I still had mixed feelings about leaving the country. The first startup I worked in was built on the idea of Digital India and right up until ...
All the best. Where are you moving? Iraq or Syeria?
Seriously It is so fckking unfair
