Did you ever hear of Compulsory Deposit Scheme?
In 1974, every taxpayer had to deposit 4-8% of income with govt
Who was Chief Economic Adviser then?
Dr. Manmohan Singh
Btw, top tax rate then was 97%
So essentially tax rate was ~97%+8% = 105%
Congress has done it twice in past and will do it again.
Remember THE COMPULSORY DEPOSIT SCHEME ACT?
So dear Hindus u can keep sleeping or go on vacation, and crib of Middleclass tax which is lowest today but if Congress comes, ur Taxes will finish you forever
In 1974, every taxpayer had to deposit 4-8% of income with govt
Who was Chief Economic Adviser then?
Dr. Manmohan Singh
Btw, top tax rate then was 97%
So essentially tax rate was ~97%+8% = 105%
Congress has done it twice in past and will do it again.
Remember THE COMPULSORY DEPOSIT SCHEME ACT?
So dear Hindus u can keep sleeping or go on vacation, and crib of Middleclass tax which is lowest today but if Congress comes, ur Taxes will finish you forever
Did you ever hear of Compulsory Deposit Scheme?
In 1974, every taxpayer had to deposit 4-8% of income with govt
Who was Chief Economic Adviser then?
Dr. Manmohan Singh
Btw, top tax rate then was 97%
So essentially tax rate was ~97%+8% = 105%
Congress has done it twice in past and will do it again.
Remember THE COMPULSORY DEPOSIT SCHEME ACT?
So dear Hindus u can keep sleeping or go on vacation, and crib of Middleclass tax which is lowest today but if Congress comes, ur Taxes will finish you forever
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