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Indian taxation is mystery to me, traveling through the India I realized it's the middle class (employees at a company) who pay maximum taxes but receive little
by gingabriska 7y ago
Indian taxation is mystery to me, traveling through the India I realized it's the middle class (employees at a company) who pay maximum taxes but receive little to no benefits.
While villagers got free solar panels, funds for constructing bathroom, homes etc....some even got money during floods even when their place wasn't much affected.
And super rich have armies of lawyers and accountants ready to forge battle and use techniques to minimize their tax.
I felt bad for the middle class who in my opinion worked really long crushing hours and often stayed far away from families.
The kind of food/products army receives only upper middle class can afford them with their own money. And army even sells some of that subsided food to local people in return of cash.
I don't understand how can middle-class keep their heads down and simply pay whatever they are asked to pay?
Needless to say, many want to move to freer countries with less import duties, less taxation and more employment opportunities and better market.
Unless you are super rich, good luck buying Lamborghini in India. India is not a country where you can really enjoy fruit of your labor.
Every Government will come and they'll give away free money to people who are bottom of the rungs and leach this money off the middle class and this has been going on forever.
Super rich were never affect and still aren't affected.
And in India you need to work 5x as hard if not less to make same wages as your American counterpart, even then if you manage to make the same wage as someone I America, you'll find your money can only buy 1/3rd of the benefits an American can buy.
If your idea of a good life is to work hard and feed a family, congrats, it's possible in India but if you've more ambition and you want drones, you want cars, you want anything latest, hell even an iphone, you can't afford that unless you make 3x of someone in America.
It's the legal version of Robin hood going around who just woo people at the bottom by fleecing from them who are the middle and letting super rich fleece from both government and the middle class.
I am just a foreigner in India with an Indian wife, so my understanding might be limited but I went to meet many public sector and private sector employee and guess what? Even if a public sector person on paper makes less wages than private sector one, they always had bigger houses (their own) and bigger cars and often more properties. How do I know? My wife was friends with many of them and they were always talking about property prices.
- srean 7y ago> good luck buying Lamborghini Was not aware that I was supposed to buy that. But with that Lamborghini out of the way your description is qiite spot on. The irony is that the elected party is supposed to be the middle class' darling. That other parties have ignored the middle class has been one of their favorite narratives.
- mlevental 7y ago>Unless you are super rich, good luck buying Lamborghini where in the world is this otherwise?
- Arun2009 7y ago> And in India you need to work 5x as hard if not less to make same wages as your American counterpart, even then if you manage to make the same wage as someone I America, you'll find your money can only buy 1/3rd of the benefits an American can buy. There are other "luxuries" that middle-class Indians can afford if they're earning at least the lower-end of American-level salaries. Early retirement, reasonably affordable healthcare and education, properties far away from cities and affordable labor to work them, more affordable house-help (cooks, house-maids, nannies). Speaking personally as someone who has lived in a first-world country and who's now living in India, I find that free time is more valuable to me than drones or Lamborghinis or iphones. Not saying that things are ideal in India - far from it, in fact. But living in India does have its positive side as well.
- pentae 7y agoI agree 100% with this as someone living in Thailand with full time help I would take that personal time given back to me in exchange for a nice luxury car any day.
- hiram112 7y ago> I realized it's the middle class (employees at a company) who pay maximum taxes but receive little to no benefits. So about the same as in the US these days, if you count all the non-federal income taxes that Americans pay.
- 7y ago