Should the super rich be taxed?

GN Bureau | January 25, 2013



Finance minister P Chidambaram, who has talked about a stable tax regime during his meetings with foreign investors, has said that the argument for taxing the very rich "a little more" should be considered. "I believe in stable tax rates. However, I must concede that there is an argument, underline the word argument, that when the economy requires, when the government requires more resources the very rich should willingly pay a little more. He said, “I think we should have stability in tax rates but we should consider the argument whether the very rich should be asked to pay a little more on some occasions.”

Do you think the super rich should be taxed?

Comments

 

Other News

Bangladesh to get high-speed diesel from Numaligarh refinery

A sale-purchase agreement was signed between Numaligarh Refinery Limited (NRL) and Bangladesh Petroleum Corporation (BPC) for supply of high speed diesel (HSD) through the proposed 131 km Indo-Bangla friendship pipeline.    The agree

Ajay Maken fails to charm Delhi

The dismal performance of the Congress in the Municipal Corporations of Delhi elections forced party chief Ajay Maken to announce his resignation, ending an energetic effort to revive the party in the national capital.   Ajay Maken, now 53, had taken over as the chief

AAP in hot water following MCD poll debacle

The BJP’s clean sweep is not just a referendum on the Arvind Kejriwal government, but also could mark the beginning of the end of one of India’s youngest political parties, the Aam Aadmi Party (AAP). After the Bharatiya Janata Party’s massive win in the UP assembly elections, th

Will make Delhi corruption free: Manoj Tiwari after BJP win

In an interview with Governance Now after BJP’s victory in all the three municipal corporations of Delhi, Delhi BJP president Manoj Tiwari said that the focus will be on sanitation and effort will be to make Delhi free of corruption. What are BJP`s immediate goals a

NBCC to get technology from Poland for energy efficient buildings

In order to jointly promote, develop and adopt external thermal insulation and composite systems (ETICS) solutions technology in construction of highly energy efficient green buildings, NBCC (India) Limited and Bolix, SA of Poland have inked a memorandum of business exploration (MoBE).  

Shiva Sanjari talks about her documentary on the first woman filmmaker of Iran

Iranian documentary filmmaker Shiva Sanjari is known for her documentary Here the Seats are Vacant, about the first woman filmmaker of Iran. The movie was shown at the 13th International Association of Women in Radio and Television (IAWRT) Asian Women’s Film Festival.



Video

फिर खिला कमल, कांग्रेस-आप का हुआ बुरा हाल

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter