Why the Middle Class Pays the Most Tax and Gets the Least
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Why the Middle Class Pays the Most Tax and Gets the Least
1 245 просмотров · 10 дн. назад
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1 245 просмотров · 10 дн. назад
Salaried, tax-paying, and ignored. India's middle class funds the system but gets the least back. Here's the case critics make:
Income tax: Salaried people are taxed at source, with no room to hide income.
Indirect taxes: GST on everyday goods, plus fuel taxes and cesses, hits middle-class budgets hardest.
Investment taxes: STCG and LTCG on equities mean even your savings get taxed when they grow
.
No safety net: Too "rich" for subsidies and welfare, too poor for tax planning and loopholes.
Rising costs: Education, healthcare, and rent are mostly private expenses, paid after tax.
The middle class pays at every step: when it earns, when it spends, and when it invests. Is this fair?
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