Saturday, 8 August 2020

Tax Saving plans... What a gimmick??!!

Hello Friends,

Tax is the percentage of your income or services or goods transacted, to be paid to the government.

Since, it is a share of one's responsibility towards the country, it is acceptable by one and all.

It is also say a share paid for utilising natural resources, so can be done rationally...

I am not against these WORDS TAXATION, TAX, but in conflict with the loot done in the name of it... 

Let me justify my point as below :

* Taxes utilised properly only for the development and betterment of Ecology, Society, then it is good... But does it happen?

* The source of revenue by Government for Growth of the Country, is a loot done for vested interests of some white collared officials, industrialists, capitalists.

* Very few instances are to be acknowledged for the work done by government with these taxes like infrastructure development in selected states or cities...

* Hard earned money is taken away in the form of so many taxes, that people sort to illegal tax evasive activities.

* Loop holes in the taxation system, has left no stone unturned for an honest tax payer in terms of exploitation, stress and Corruption in The Financial System Hierarchy

* The most erratic education system, has inculcated competitive approach, mindset for gains, race and insecurities.
This leads to greed, fear, irrelevant rush to chase money, practices of betrayal and unwarranted accumulation of massive wealth in fewer hands.

* This insecurity leads to chase for jobs, survival, peer pressure

* It is a fact that everything in world in the  history n today, is ruled by Fear and Greed. Majority of rulers have used these as weapons for amassing public's wealth, have created imbalance in the country, etc

* There is no financial, taxation, social, economic system in place, which defines the human goals collectively, responsibility towards Nature, Earth, Equality in rights, status, bearing fruits of Flourishing economy, Equity in rational usage of Natural resources, etc

There are many such cruel facts that shows how mankind has always been a prey to vested interests, how Ecology is being harmed, how a common Earthian faces issues from so called Powerful Rich.

Tax, is one of such gimmick, used by corruptive practices of small group of selfish people.

Simple taxation or People friendly financial norms should be put in practice, so that willingly, income earners share a part of that for the society with Happy face...

Appreciate your feedback on the same...

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