Sunday, January 28, 2007

Thank you Moonlight. 31st March is not far away and all taxpayers in India are spending sleepless nights trying to figure out how to reduce their tax bills. We slog day and night to earn more money to pay increasing varieties of taxes such as income tax, service tax, value added tax, excise tax, customs duties, property tax, wealth tax and sweet little add ons called education cess, road cess and other excesses that we pay without knowing. Politicians and civil servants spend our money any which way they like without any accountability. Ordinary people have no way of checking on these criminals and voting in another set of crooks every five years does not empower us. This system of legislature, executive and judiciary is clearly not working. We need a fourth organ to represent the people and it can only be trade unions, not the corrupt organisations controlled by political parties that we have now but ones built like MNCs. They will be apolitical and work with companies to increase profits of companies. Company taxes should be brought down to say 10% but 30% of dividends will go to the union. This will give the workers a direct stake in improving productivity and reduce the likelihood of strikes for increased pay. Members will also pay fees depending on salaries. Unions will use this money to buy medical insurance for all, pay school fees for all children in private schools, advise on investments, and maintain a legal team to protect individuals against exploitation and bullying. There is a lot more to it but space is short. People are so fed up with the present system that in most countries fewer people are voting in elections because once the counting is over they have no further say in how the country is run. Power to the people.

1 comment:

Anonymous said...

sigh!! Taxes...taxes...taxes... just my bane too.
Voting?....i am very glad that the "no-choice" option is being included on ballot papers.(wat is the latest situation tho i am not aware)