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by ramraj07
2075 days ago
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I sincerely hope not. Excessive taxation on luxury goods is one of the few ways we can still milk the rich (me included), that's something I can stand behind. I just wish the economy cars were also rated with more reliable safety standards |
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You'll be able to milk rich if there are more mercedes on road, they'll need more repairmen or mechanics, you can be one and charge them for everything.
Right now in India, ultra rich proportionally pay less taxes because of various instruments available to them which aren't feasible to be used by middle class people.
We should shift our focus and let them spend their money, it will end up in one of the countrymen's pocket either way.