India taxes because formal taxpayers are few, so govt lean heavily on organised businesses, salaried class, listed cos & financial investors.
This creates the feeling that compliant wealth creators bear disproportionate burden.
What ЁЯЗоЁЯЗ│ needs :-
When corporate profitability peaks , market cap goes up, it uplifts the broader economy and not just select few.
- Samsung gave $350000 ( 3.25 cr ) to 80000 workers. Created 175 won billionaires.. massive consumer spending spree in South Korea
- TSMC did not just make individuals rich; its success lifted the broader Taiwanese economy, driving up wages at lower n mid level and luxury markets at higher income level.
Economic prosperity and high growth is the only long term solution to uplift people ..
India needs to grow 8-9% and most importantly respect entrepreneurs.. our policies, taxation needs to reflect that.
jai Jawan , jain Kisan Jai udyogpati should be the new slogan!