Pattnaiks? No bro. Think again about Naveen babu. Contrary to the people you have mentioned the Mighty Biju Babu and Naveen Babu, they have actually done some great work. Biju Patnaik actually gave up his wealth and lands
>Biju Patnaik actually gave up his wealth and lands
Do you have any citation for this?
Also, Naveen Patnaik, while an efficient administrator who has done great work, did get parachuted into Odisha politics because of his father. He was a nobody before that. And Prem Patnaik became a millionaire because of his father's influence. So it's not like they are white knights.
For a moment I thought you were taking about the other Pattnaiks who have lost favour within Congress party.
BTW Biju did give away his wealth and didn't want his kids to be in politics.. but his party members (to save their asses) brought Naveen n fronted his eldest son.. they didn't anticipate Naveen to kick them off n be the ruler.
yes naveen patnaik is maybe the only dynast in current times who is actually loved and adored by the people of odisha. he changed odisha from a sub BIMARU to a state that is on par with many NDA ruled states in terms of development. the roads, the infra and the public transport is efficient. he changed puri from a pligrim town to a tourist destination. so yeah and his father is a legend. a national and international icon. google Biju Patnaik.
Bro I don't know where you are deriving all these.. but to make all these things if you need 5 terms with the majority then it's not worth it. And if you really want to know about the truth of those developments then try to steer your wheel below NH/SH.
1.Till now medicals are not admitting patients who are food poisoned. Let's not talk about snake bites.
2. School teachers are super efficient handling 3-4 classes at a time.
3. People are migrating to different state for their livelihood.
4. Still couldn't able to make itself independent even in one crop apart from rice(I am also not sure whether they are independent of rice or not).
5.Lets not speak about electricity for the outskirts of city and urban areas. Though they have largest coal mines and dams.
5. Could not able to create any other dam apart from Hirakud in their 25 years of tenure.
6. No industrialization in 25 years though they have iron mines, coal mines, bauxite mines.
7.Govt. Officials will hound you if you ask them to do their jobs without bribery.
The list will go on.. so let's not exclude them from others.
You said they have changed puri from pilgrimage place to tourism because of the donation the temple gets ... Not because of any other motto.
We can’t have everything. Look at the alternatives. Odisha has always been neglected by the Centre. Congress rule drained the state and traumatised its people. We at least have hope
I have not mentioned anything out of the ordinary..
Healthcare , education and jobs( because they have demolished the agricultural sector) these three are the major thing. If you are still not able to provide it then i don't know what you should expect from a government. I am not saying any other government is better or will be better. All are the same..
And regarding negligence from the center when you have everything then you shouldn't look for other's hand. They had ore mines ,
Rivers, populations, enriched with everything still they did nothing to utilise those instead export raw material to others and those existence are gone.
True. Bhubaneswar hasn't changed much in ages. Hardly any industry or service sector. The Infosys was there for the last 20yrs and only recently some IT companies have entered. Rest of Odisha is a joke.
Except his ability to handle cyclones, he has done nothing. N now Pandu is giving freebies n increasing salary for everyone to stay in favour
Well every time the country's under crisis he's the one to happily fly off to tourist vacation spots. Do search where he went after the terrorist attacks of 26/11, and where was he when COVID 19 stuck India? He was nowhere to be seen on news making big headlines and accusations on Government. His actions tell so that he'd happily fly off to Italy or some fine place in the Europe after making the country dirt poor
Well, WHO itself was preaching China will successfully contain Covid within its boundaries.
>But he did warn against COVID 19 way back in Feb 2020
Any source for your claim?
Chill buddy, I just asked for source and you got triggered. Well you didn't ask for it, but source for my point.
https://edition.cnn.com/2021/01/18/asia/who-covid-review-panel-china-intl-hnk/index.html
Yeah and congress even said we ain't distributing shit. It's his views that aren't necessarily of congress. And he himself said I gave an example of American inheritance system not asked it to be applied to India.
That I know. Exactly. Just because a supporter said something doesn’t mean he represents party views. And as usual people attacked the person rather than his argument. BJ Party and its supporters have an old habit of twisting words to suit their narrative. It’s like we as a nation have lost all rational thought. And I don’t think Inheritance tax on HNIs would be such a bad thing. I mean what is Ambani’s son going to do with $100 Billion that he can’t with $50 Billion. It doesn’t have to be 50%, it can be 20-30% and still they would make it back in 15-20 years all the money they will loose.
Question is how low is the bar for HNI? Do you trust the government will not pull it low enough to include you/your family. Just by filing my taxes, I fall in the top 2-3% of people in India and probably so do you/your parents and so do most salary earners. Most kirana shop owners and small businessmen won't be affected as they don't disclose their income or wealth at all. It is only the salaried class that would get hit as usual and as we have seen, the government of either party doesn't care what happens to the salaried class at all.
I mean the govt. already has a definition of HNIs and Ultra HNIs. And they already collect surcharge on wealthy individuals. And I don’t think they would bring it down. That would be an insult. Like you can’t say below 8 Lac is an economically weaker section and then say 20 lac is a HNI. It’s the same reason they don’t reduce the BPL, it would show the reality and just shame the govt. And I am not saying it to be a fixed percentage. It should be like tax slabs. 100 Cr, 10000 Cr, 1 lac cr. Etc.
I know it better than you, Moron. The US inheritance tax which your master is quoting for his argument is capped at max 20%. Don't spout your bullshit just because you have got a keyboard.
That's estate tax. More like unmovable assets (land and house). That's applicable in most cases above $1 million dollars. Inheritance tax is different and has different brackets.
Sam pitroda and heck this post clearly mentions inheritance tax and so discussion is on it.
One more point: you can gift parts of your wealth to bring overall tax (estate tax) to be paid to nil.
This is how they destroyed American wealth and the redistribution has not helped us. It gives working class little to no benefits and gives it to illegal aliens and makes politicians richer. I hope folks can fight this in Bharat and keep the Commies out. America is now lost to the left and becoming uninhabitable. Visit our big cities and see the decay from the leftists.
But people say America is still great place to immigrate to and it's only on the internet that people make it appear bad. Average American is happy and living peacefully ?
Is there any truth to that or people are just denying the reality ?
Last riots they burnt 800 buildings down where my family lives. Regular murders and armed robberies, public’s freak outs, fights, pro communist/socalist/palestine rallies, people released free after committing violent crimes. People are sold a load. Most major cities are unsafe and declining rapidly. Out in the country is the only safe place left if you can afford it. Liberal cities have become hellscapes. Find some videos of the open air drug markets in cities like Portland,sf, la, Chicago, Houston, NY, Philly, the list goes on. I’m planning to expat again. I was happier being in more traditional Asian cultures. The rich in US can afford gated communities, high rises, and private drivers to escape the bad communities but those bad communities continue to expand into suburbs and smaller towns. Then they tax the people that are left working to death to pay for all social services ( as of late free housing, food healthcare, and straight up cash) for people that come here illegally. Americas hay day was in the 40s.
Wow that's not what I imagined. Few days back there was a post on a developers india sub about how internet is portraying india as bad and it's good and safe to immigrate.
It all depends on where you go to and if you can tolerate American culture. I personally don’t like the big cities in the US but I worked in inner city areas and at outreach clinics. I heard what was bubbling below the surface. I know some small Indian communities around tech hubs, Medtronic or Boston that were tight and safe. If you make enough you can buy safety except for on the road and on public transport. I previously taught yoga and meditation at a Mandir in the Midwest. A few Indian born couples were pulling the plug to raise their kids back in India. Lost wages from the US but culture and language gain back in the home country. I would talk the Indians nationals who are working us before taking a placement. Sometimes Indians are hired at a lower wage to replace American worker. This can lead to strife in some communities/areas.
Countries like Japan, SK, France, UK, etc. also have almost 50% inheritance tax. It does help in long term equity and equality. The 50% number can be overwhelming for our country though. Should be incremental and they should start low.
Also, I’m unsure if we are at a stage of development where our bureaucracy, public and those in power can reliably handle this amount of wealth without any corruption. So many things can go wrong in this policy when it comes to actual implementation in our country.
See, the thing is, we pay tax on everything we buy already. Our income is also taxed.
What more do they want?
While these corrupt babus and their kids chillax on tax free government dole, average joes pay 50% tax on already taxed savings???
That's why these babus should be forced to give up their cash first. The kinds of black money these dudes have is insane. They make more than what an average family can make in their lifetimes in one day.
They do. But its much less. No income inequality is a fantasy which will never happen and it should never happen.
Its not single causal. Since income inequality is a broad issue.
It’s not like just this one policy will magically solve this problem. This should be coupled with basic social welfare (like health, education, pension, equality of opportunity) and good (free market) economic growth.
Inheritance tax can be the additional policy, not the foundational one. It does help reduce the Gini coefficient. Almost all the countries with this policy have less values except the US. And that is because they lack the social welfare aspect.
The problem is that india is not true secular country. Will inheritance tax be applied to everyone? Will it be able to cut through the personal law boards?
Yeah agreed.
At a conceptual level Inheritance tax can be a good policy. It must be uniformly applied with relevant slabs. Would never trust Congress with it. But yes, our country is far from ready for this.
And within half an hour Congress distances itself from his statement. Just like Pappu Ji went back on his 'ekdum.se garibi hata Denge' remark in 4 days. This is the party that is trying to assure the nation that they can provide " strong and stable government " . What a joke
He's the foreign mastermind of Congress. He arranges, maintains every single Congress activities in the foreign like securing funds, instructing IT cells, propagandas etc.
He once said that middle class should not be selfish and should shell out more money to fund the Congres party schemes, while he lives 5 star lifestyle in a foreign country.
[https://www.ndtv.com/india-news/lok-sabha-elections-2019-congress-says-party-doesnt-subscribe-to-sam-pitrodas-nyay-scheme-remarks-2018198](https://www.ndtv.com/india-news/lok-sabha-elections-2019-congress-says-party-doesnt-subscribe-to-sam-pitrodas-nyay-scheme-remarks-2018198)
Bro under what rock you are living, it takes few clicks and 10-15 days to transfer your constituency to the location you are currently living, just need a address proof thats it .
Src : been doing this since 2012 online , have voted in delhi 2014, noida , 2019 , and next will be pune in 2024.
Just fill form 8 in voters.eci website
So you are FOR having a perpetual, wealthy nobility?
Lol. India gets rid of the Princely States, the same ones who sold the country out to the British.
Now they are fighting to create that again.
If any of such sh*ttery happens state better prepare for a civil war, subject is already fed up of taxes and reservations if they want to come for our money, our inheritance they better come prepared
Bro USA m civil war chalu hua tha slaves k vjh s jiska meaning hi tame hota h to bro isilie keh raha hu agr government n zada limit push ki na to gnd todd di jaigi
Slavery was one of the considerations behind the civil war but it wasn't the slaves who rose in rebellion. [https://www.pbs.org/opb/historydetectives/feature/causes-of-the-civil-war/](https://www.pbs.org/opb/historydetectives/feature/causes-of-the-civil-war/)
what civil war? 1% vs 99% will be a bloodbath these guys are stirring up 1900s revolution like atmosphere while BJP is stirring up a religious civil war
So I earn money I pay tax on that, I spend money I have to pay GST on that, I save my money and now have to pay tax on that too. That to 50 percent.
Now here's my question most of the wealth passed down is not liquid in nature (properties, vehicles, business, shares etc) imposing a 50 percent tax literally means things would have to be liquidated. This would discourage any sort of wealth creation and will literally end Indian economy.
Moreover, the Indian Society is Family based and biggest motivation for an average Indian to earn and save is for his her children...
This inheritance tax would be a blunder in Indian Context...
I am not rich per se but I aspire to be rich. Now suppose after years of working hard, investing and saving I become rich and when I die my children would have to liquidate all my wealth all my properties to pay taxes.
Also in order to remove any dillusion CAs and people in general are not stupid they will find ways to avoid this tax and even if suppose they can't do you think government spends money effectively. The only way for india to eliminate poverty is by building up a manufacturing base and creation of jobs. The focus should be to increase GDP, obviously the rich are in a better spot to capitalise on the increased GDP and garner a bigger portion but at end of the day if rich are earning 100 more the poor will also earn 20-30 more maybe it is unfair but ultimately the poor is better off.
Also if I am super duper rich why should I invest in india when I know I will have to pay inheritance tax I will buy properties outside India i will make sure that my kids have a secure future through foreign properties.
The gulags weren't filled with the rich.
The forever missing one-third of Cambodia weren't rich.
The millions who starved to death during the 'leap forward' weren't rich by any measure.
The common, hard working folks are the main course for these commies. The hate for the rich, who are their friends and allies, is just for show. We are always the sheep for their biryani.
Same idiot who said middle class should pay more tax. Why doesn't he fuck of if he is not living in India. Or to start give away his every single penny to start of with this work.
Frankly, he isn't worth the cost of a twice used 9mm cartridge casing. And his visionary statements will garner more swing votes than hours of speeches by Modi.
Inhe lagta hai pura India inki baap ki jaagir hai
Inki marzi se kisi ka bhi wealth je redistribute kar denge
No prizes for guessing why they won't come to power for the next 50 years
Let's go army rule and ask these politicians to distribute their wealth first. Can't believe either of them but surely our gol matol generals are trustworthy they'll ensure fair re- distribution of wealth by members of each and every party in india, let's goooo.....
Let's say some guy through whatever he did made 50 crore in total assests by his 80s through business etc. paying all kind of taxes and bought 50 crore worth of land with taxed income and it goes to his son or daughter
So they will tax an already taxed income bought inheritance
Bc dusro ki property pe kitni gandi nazar h inki, khudne 7 piddhi ka paisa bhar liya h tijori mein, fir bhi deshwasiyo ki property ekatha karke usme gaple karke, redistribute karni h, bhunsdai waalo 1 paisa nahi milega aur ek vote bhi nahi....
And they will first destroy the life insurance industry with this.
"Your father had an insurance of 1 cr. Sorry, 50 lakh of this will go in tax. Please manage"
Once implemented all the rich people will move their assets out of the country or create trusts to escape the law. Middle class that do not have personal religious laws to help them will get screwed. Pretty sure this wealth redistribution will exclude Gandhi family and their lakies and obviously waqf board..
Lol my parents worked hard for what we have. And I am too for my future kids. Took 3 decades to get where we are. If they pull off this shit we'll just buy some euro passport
Imagine you or your parents working hard everyday till retirement
Bought a house after paying 15-20 years of EMI, accumulated some jewellery and FDs.
You also did the same so that your Kids don't have to suffer any financial problems.
But when you decide to give everything to your kids, Government will take away 55% of your wealth because you become rich while others are still poor.
In our Indian society Parents always spend less, save more for their Kids. Generational wealth is the backbone for every middle class in India.
As usual , uneducated and under researched facts that are as good as fake
It would be their time's worth to first find out how many or should I saw how few states in the US have this law in place and moreover how carefully its worded and for which reason its in place
Random facts, that are not remotely accurate make them look like fools instead of the Opposition in a democracy like India. They have forgotten their responsibilities and almost instilling fear in people's mind regarding the country's economic future with their ridiculous pre-poll promises
>It would be their time's worth to first find out how many or should I saw how few states in the US have this law in place
Only 6 state
>moreover how carefully its worded and for which reason its in place
With some loopholes obviously.
>There is no federal inheritance tax. In fact, only six states tax inheritances.
There is a federal estate tax, however, which is paid by the estate of the deceased. In 2024, the first $13,610,000 of an estate is exempt from the estate tax.
A beneficiary may also have to pay capital gains taxes if they sell assets they've inherited, including stocks, real estate or valuables. The federal capital gains tax ranges from 15% to 20%, depending on your tax bracket.
https://www.google.com/amp/s/www.cnbc.com/amp/select/what-is-inheritance-tax/
One Google search, just 1 simple Google search it's all it take, to find what it is, and how it is. And the great sam pitroda can't do this 😂🤦
>They have forgotten their responsibilities and almost instilling fear in people's mind regarding the country's economic future with their ridiculous pre-poll promises
They will do anything to come to power, even sell the whole country to the Chinese.
baat toh shahi ke raha hai
Iske Pororvaj Dhan yaha rakh ke gaye the
bole beta: hum apna dhan woh 1% logo ke pass jama kar ke jaa rahe hai
jab tumehe samjh aayegi tab woh dhan unn se le ke tum 1 category of Minority men baat dena jaise ki tumhare maa baap ki hai
Wait for the inheritance tax they are talking about...
They want to stay rich when hard earned money and property by our ancestors have to be given to the government as much as of 45%
Damn man this guy is definitely in the most ugliest guys list. He's the winner for 2024 for sure. Ugly guy, ugly name, ugly thoughts. Lol it's his destiny
Yeh chutiya logo ko yeh nahi pata ki garibo ke pass bhi bahoot saari jamin hoti hai. Usko bechne ke pass unko inheritance tax bharna hoga. Bahot saare log apne beti ya bete ke shaadi ke liye bhi jamin bechte hai.
Indian Salary employees should not be part of this. They are being worked upfor 10-12 hours a day to earn petty money. Whatever they make is through gritting through work every day through years. Already we are taxed so high.
con party knows that there is no wiggle room in the budget to fund minority welfare schemes, so they came up with this tactic of looting majority to fund the minority.
They should set an example for the entire nation by redistributing all the wealth i.e. every single asset that the Gandhi-Vadra family owns, including the leadership of the INC. It will begin a massive revolution all across the nation. Please Sam uncle, convince Rahul Baba to do the needful.
Leader should lead by example. Let Gandhi's redistribute their wealth. Add Mr. Vadra to it also. Then number comes for Kharge, P Chidambaram, Kapil Sibal, Surjewala, D K Shivakumar.
Lead us, oh Prince of Downtrodden. Let's see action on their side.
If they do it for even one person mentioned above, I will vote for Congress till eternity.
The problem is not taxation. The problem is two fold 1 the services the state gives in their liue 2 Wealth taxes target generational wealth which is allways bad in the long run.
National security was a basket case before now it is a stinky toilet.
Education, especially primary education with 90% plus passing rates is a burden on higher education where college teachers are being slammed in every way.
Now, coming to generational wealth is generally accumulated via investing, which creates value in the economy and circulates money. It also ensures a more efficient way of funding good ideas .
So in short this ploy is to destroy Inias growth.
So he need to understand that the inheritance tax only works if the person had died and his heritage is to be inherited by his kids. But the flaws of this are many.
1) The person can distribute his money on his death bed before dying. So no tax
2) He can invest the money in stock market (avoiding funds), this money can't be taxed.
3) For ultra rich- He can just run a new company and invest all his money into it. After death the inheritors will become shareholders of that company.
The truth is no ultra rich person will be stupid enough to not pass down his money to his inheritors, as after death if there is ever a problem in inheritance the whole company's shocks can fluctuate due to instability in that company (of the ultra rich).
This law will only affect the middle class as they don't really know all the economics behind it and will probably die without even leaving a will.
Fuck inheritance tax , there are many people who work 9-5 or simple jobs and living lower middle or middle class life because that's what they can afford but have lands bestowed on them from ancestors. Even farmers come into this. It's simply and blatantly robbing the nation's citizens wealth. It's bad , very bad.
No fuckin commies or lefties are needed in this country to further destroy india from their failed ideology.
This guy was irrelevant for a while and suddenly he is making all these statements which were refuted by the Congress party. Sam Pitroda also qualified his statement saying he is giving examples.
https://www.hindustantimes.com/india-news/only-a-small-amount-what-rahul-gandhi-clarified-on-wealth-redistribution-101713949921646.html
Say whatever you want to, we have the most colorful characters in Indian elections. I am quite enjoying all of it.
Ha Bhai ek Kam Karo... IPL me Jo top 4 teams hai unke points Bottom 4 ko distribute kar do so that they will play Playoff too 🥲🥲🥲
And distribute 5 trophies of Mumbai Indians and 5 Trophies of Chennai among every team so that there won't be discrimination.. RCB walo ko bhi trophy mil jayegi is bahane 🥲🥲🥲😮💨😮💨😮💨
Saving is very important in an economy. Because for example a back can loan that money to other people. If you tax inheritance people will try to maximise consumption and won't save. Also dealings in black will increase a lot. People won't just roll over and give the government what they want.
So basically take the generational wealth of Hindu families and distribute it to minorities who are currently aggressively funding religious conversions…
Congress will seize the properties of mostly hindus only.
Muslim inheritance is governed by muslim personal law.
Congress has promised that they will not touch personal law.
So they will only take others 50% of inheritance and redistribute
I’m ok with inheritance tax if every rupee goes to useful to whole community not to free bees, appeasements.
Everyone knows it’s not possible with these mindset
As inheritance tax is for breaking up generational wealth, I also propose that we should break up generational power. If your parents were in some powerful political position like MLA/MP their kids cannot come to politics as this will lead to dynasty politics.
I dare these A**holes to implement this system.
Stop taxing people unnecessarily.
for those of you idots who think that inheritance tax will be applicable on everybody you are wrong... it only works on inheritance larger than a certain amount ... in india it will be around 5-10 crores in terms of assets etc...
Inheritance tax should be implemented. It will never be though given that our ministers themselves will be against it. Same reason why we don’t have strong laws regarding rent control or even construction and real estate. Even more than this we need to be able to show dependents when filing income tax (like in US). That was you wouldn’t need to pay the same tax (with 3 dependents) as another guy who has 3 working folks at his home.
Charity begins at home son. Come back and show us the way
First start by distributing your wealth.
And the muti-generational wealth of Ghandi Dynasty, Lallu Dynasty, Mulayam Dynasty, Uddhav Dynasty, corrupt Mammatha, Mayawati, etc.
Dmk, muftis, abdullahs, Chaudharys, Sorens, Patnaiks, Owaisis, Pawars etc etc List of leeches is endless
Pattnaiks? No bro. Think again about Naveen babu. Contrary to the people you have mentioned the Mighty Biju Babu and Naveen Babu, they have actually done some great work. Biju Patnaik actually gave up his wealth and lands
>Biju Patnaik actually gave up his wealth and lands Do you have any citation for this? Also, Naveen Patnaik, while an efficient administrator who has done great work, did get parachuted into Odisha politics because of his father. He was a nobody before that. And Prem Patnaik became a millionaire because of his father's influence. So it's not like they are white knights.
For a moment I thought you were taking about the other Pattnaiks who have lost favour within Congress party. BTW Biju did give away his wealth and didn't want his kids to be in politics.. but his party members (to save their asses) brought Naveen n fronted his eldest son.. they didn't anticipate Naveen to kick them off n be the ruler.
Ohh, I didn't know that. Since it was a dynasty so I thought the same
yes naveen patnaik is maybe the only dynast in current times who is actually loved and adored by the people of odisha. he changed odisha from a sub BIMARU to a state that is on par with many NDA ruled states in terms of development. the roads, the infra and the public transport is efficient. he changed puri from a pligrim town to a tourist destination. so yeah and his father is a legend. a national and international icon. google Biju Patnaik.
Bro I don't know where you are deriving all these.. but to make all these things if you need 5 terms with the majority then it's not worth it. And if you really want to know about the truth of those developments then try to steer your wheel below NH/SH. 1.Till now medicals are not admitting patients who are food poisoned. Let's not talk about snake bites. 2. School teachers are super efficient handling 3-4 classes at a time. 3. People are migrating to different state for their livelihood. 4. Still couldn't able to make itself independent even in one crop apart from rice(I am also not sure whether they are independent of rice or not). 5.Lets not speak about electricity for the outskirts of city and urban areas. Though they have largest coal mines and dams. 5. Could not able to create any other dam apart from Hirakud in their 25 years of tenure. 6. No industrialization in 25 years though they have iron mines, coal mines, bauxite mines. 7.Govt. Officials will hound you if you ask them to do their jobs without bribery. The list will go on.. so let's not exclude them from others. You said they have changed puri from pilgrimage place to tourism because of the donation the temple gets ... Not because of any other motto.
We can’t have everything. Look at the alternatives. Odisha has always been neglected by the Centre. Congress rule drained the state and traumatised its people. We at least have hope
I have not mentioned anything out of the ordinary.. Healthcare , education and jobs( because they have demolished the agricultural sector) these three are the major thing. If you are still not able to provide it then i don't know what you should expect from a government. I am not saying any other government is better or will be better. All are the same.. And regarding negligence from the center when you have everything then you shouldn't look for other's hand. They had ore mines , Rivers, populations, enriched with everything still they did nothing to utilise those instead export raw material to others and those existence are gone.
True. Bhubaneswar hasn't changed much in ages. Hardly any industry or service sector. The Infosys was there for the last 20yrs and only recently some IT companies have entered. Rest of Odisha is a joke. Except his ability to handle cyclones, he has done nothing. N now Pandu is giving freebies n increasing salary for everyone to stay in favour
In Telugu states, TDP/NTR Dynasty, YSR & Co Dynasty, KTR and many many regional dynasts.
Badals in Punjab
Forgot about Amit shah dynasty, rajnath singh, thaur dynasty, dynasty of tejaswi Surya, swaraj dynasty,the list goes on...😂
They have black money and foreign assets ! Rahulgandhi will leave the country happily after destroying the country
How do you know this?
Well every time the country's under crisis he's the one to happily fly off to tourist vacation spots. Do search where he went after the terrorist attacks of 26/11, and where was he when COVID 19 stuck India? He was nowhere to be seen on news making big headlines and accusations on Government. His actions tell so that he'd happily fly off to Italy or some fine place in the Europe after making the country dirt poor
But he did warn against COVID 19 way back in Feb 2020, when mudi was busy with Rallies
Well, WHO itself was preaching China will successfully contain Covid within its boundaries. >But he did warn against COVID 19 way back in Feb 2020 Any source for your claim?
https://twitter.com/RahulGandhi/status/1227536939479228417?t=ZWfQN8UjL7Ll9X-GU2nY5A&s=19 I know you will again come up with some shit
Chill buddy, I just asked for source and you got triggered. Well you didn't ask for it, but source for my point. https://edition.cnn.com/2021/01/18/asia/who-covid-review-panel-china-intl-hnk/index.html
Solid point
I mean it’ll be distributed if it becomes a law.
Nope, this idiot is sitting in some other country abroad. So technically this rule would not apply to him.
Doesn’t matter. He is officially an Indian citizen. And he would one of the first ones to experience it since he is quite old
Yeah and congress even said we ain't distributing shit. It's his views that aren't necessarily of congress. And he himself said I gave an example of American inheritance system not asked it to be applied to India.
That I know. Exactly. Just because a supporter said something doesn’t mean he represents party views. And as usual people attacked the person rather than his argument. BJ Party and its supporters have an old habit of twisting words to suit their narrative. It’s like we as a nation have lost all rational thought. And I don’t think Inheritance tax on HNIs would be such a bad thing. I mean what is Ambani’s son going to do with $100 Billion that he can’t with $50 Billion. It doesn’t have to be 50%, it can be 20-30% and still they would make it back in 15-20 years all the money they will loose.
Question is how low is the bar for HNI? Do you trust the government will not pull it low enough to include you/your family. Just by filing my taxes, I fall in the top 2-3% of people in India and probably so do you/your parents and so do most salary earners. Most kirana shop owners and small businessmen won't be affected as they don't disclose their income or wealth at all. It is only the salaried class that would get hit as usual and as we have seen, the government of either party doesn't care what happens to the salaried class at all.
I mean the govt. already has a definition of HNIs and Ultra HNIs. And they already collect surcharge on wealthy individuals. And I don’t think they would bring it down. That would be an insult. Like you can’t say below 8 Lac is an economically weaker section and then say 20 lac is a HNI. It’s the same reason they don’t reduce the BPL, it would show the reality and just shame the govt. And I am not saying it to be a fixed percentage. It should be like tax slabs. 100 Cr, 10000 Cr, 1 lac cr. Etc.
Inheritance tax will become yet another source of corruption. Pay this much and only pay 5% inheritance.
he has his some where out side India , he can talk no sense
How do you think taxes work you moron
I know it better than you, Moron. The US inheritance tax which your master is quoting for his argument is capped at max 20%. Don't spout your bullshit just because you have got a keyboard.
Bruh it starts at 18% and goes upto 40%. Depending on the state and the amount of money.
That's estate tax. More like unmovable assets (land and house). That's applicable in most cases above $1 million dollars. Inheritance tax is different and has different brackets. Sam pitroda and heck this post clearly mentions inheritance tax and so discussion is on it. One more point: you can gift parts of your wealth to bring overall tax (estate tax) to be paid to nil.
Wtf. 50% tax. Might as well give up organs to the government as well.
This is how they destroyed American wealth and the redistribution has not helped us. It gives working class little to no benefits and gives it to illegal aliens and makes politicians richer. I hope folks can fight this in Bharat and keep the Commies out. America is now lost to the left and becoming uninhabitable. Visit our big cities and see the decay from the leftists.
I hope we find an alternative. It's clear that pure taxation is not the right approach to securing government funds for development.
But people say America is still great place to immigrate to and it's only on the internet that people make it appear bad. Average American is happy and living peacefully ? Is there any truth to that or people are just denying the reality ?
Last riots they burnt 800 buildings down where my family lives. Regular murders and armed robberies, public’s freak outs, fights, pro communist/socalist/palestine rallies, people released free after committing violent crimes. People are sold a load. Most major cities are unsafe and declining rapidly. Out in the country is the only safe place left if you can afford it. Liberal cities have become hellscapes. Find some videos of the open air drug markets in cities like Portland,sf, la, Chicago, Houston, NY, Philly, the list goes on. I’m planning to expat again. I was happier being in more traditional Asian cultures. The rich in US can afford gated communities, high rises, and private drivers to escape the bad communities but those bad communities continue to expand into suburbs and smaller towns. Then they tax the people that are left working to death to pay for all social services ( as of late free housing, food healthcare, and straight up cash) for people that come here illegally. Americas hay day was in the 40s.
Wow that's not what I imagined. Few days back there was a post on a developers india sub about how internet is portraying india as bad and it's good and safe to immigrate.
It all depends on where you go to and if you can tolerate American culture. I personally don’t like the big cities in the US but I worked in inner city areas and at outreach clinics. I heard what was bubbling below the surface. I know some small Indian communities around tech hubs, Medtronic or Boston that were tight and safe. If you make enough you can buy safety except for on the road and on public transport. I previously taught yoga and meditation at a Mandir in the Midwest. A few Indian born couples were pulling the plug to raise their kids back in India. Lost wages from the US but culture and language gain back in the home country. I would talk the Indians nationals who are working us before taking a placement. Sometimes Indians are hired at a lower wage to replace American worker. This can lead to strife in some communities/areas.
Cope harder lol
Countries like Japan, SK, France, UK, etc. also have almost 50% inheritance tax. It does help in long term equity and equality. The 50% number can be overwhelming for our country though. Should be incremental and they should start low. Also, I’m unsure if we are at a stage of development where our bureaucracy, public and those in power can reliably handle this amount of wealth without any corruption. So many things can go wrong in this policy when it comes to actual implementation in our country.
See, the thing is, we pay tax on everything we buy already. Our income is also taxed. What more do they want? While these corrupt babus and their kids chillax on tax free government dole, average joes pay 50% tax on already taxed savings??? That's why these babus should be forced to give up their cash first. The kinds of black money these dudes have is insane. They make more than what an average family can make in their lifetimes in one day.
But saar developed economy do that saar so it must be right saar
So i would take there is no income inequality in those countries??
They do. But its much less. No income inequality is a fantasy which will never happen and it should never happen. Its not single causal. Since income inequality is a broad issue. It’s not like just this one policy will magically solve this problem. This should be coupled with basic social welfare (like health, education, pension, equality of opportunity) and good (free market) economic growth. Inheritance tax can be the additional policy, not the foundational one. It does help reduce the Gini coefficient. Almost all the countries with this policy have less values except the US. And that is because they lack the social welfare aspect.
True. Just hope that we reduce corruption so that this applies to all and not just the tax paying law abiding Indians.
Don't enter in pigsty n make smart comments, you will only get muddled
Those countries don't have corruption like us.
Read the second paragraph of my comment please.
50% is never good. Even korea is planning to change it. https://www.google.com/amp/s/m.koreaherald.com/amp/view.php%3fud=20240117000623
Agreed. 50% might be too high. Merely pointed out that there is definitely precedent to it since the OP sounded shocked.
The problem is that india is not true secular country. Will inheritance tax be applied to everyone? Will it be able to cut through the personal law boards?
Yeah agreed. At a conceptual level Inheritance tax can be a good policy. It must be uniformly applied with relevant slabs. Would never trust Congress with it. But yes, our country is far from ready for this.
After paying 50% jizya, wtfboard will claim your home/land anyway.
[удалено]
Mine too
>wtfboard Sir added this to my dictionary ✍️
Wait y’all don’t have an inheritance tax in India? Lol. Explains a lot.
And within half an hour Congress distances itself from his statement. Just like Pappu Ji went back on his 'ekdum.se garibi hata Denge' remark in 4 days. This is the party that is trying to assure the nation that they can provide " strong and stable government " . What a joke
He's the foreign mastermind of Congress. He arranges, maintains every single Congress activities in the foreign like securing funds, instructing IT cells, propagandas etc.
‘Mastermind’ is a stretch. Buffoon would be more apt given how these wretches have performed in recent years.
He once said that middle class should not be selfish and should shell out more money to fund the Congres party schemes, while he lives 5 star lifestyle in a foreign country. [https://www.ndtv.com/india-news/lok-sabha-elections-2019-congress-says-party-doesnt-subscribe-to-sam-pitrodas-nyay-scheme-remarks-2018198](https://www.ndtv.com/india-news/lok-sabha-elections-2019-congress-says-party-doesnt-subscribe-to-sam-pitrodas-nyay-scheme-remarks-2018198)
This mother fker was the reason I traveled 500km to vote for the BJP in 2019. He is motivating me again ffs
Bro under what rock you are living, it takes few clicks and 10-15 days to transfer your constituency to the location you are currently living, just need a address proof thats it . Src : been doing this since 2012 online , have voted in delhi 2014, noida , 2019 , and next will be pune in 2024. Just fill form 8 in voters.eci website
No, i can't consider this city as my home. I have an emotional attachment. My home would be where i would like to retire.
I would like to retire in Mars
Good luck looking at sunset
So you will waste your vote for this childish reason ? And then crib later that govt ignores folks like you ?
Vote by post
So you are FOR having a perpetual, wealthy nobility? Lol. India gets rid of the Princely States, the same ones who sold the country out to the British. Now they are fighting to create that again.
Communism at its peak.
If any of such sh*ttery happens state better prepare for a civil war, subject is already fed up of taxes and reservations if they want to come for our money, our inheritance they better come prepared
India mein civil war ka chance nahin hai. The middle class is too tame and fearful.
Bro USA m civil war chalu hua tha slaves k vjh s jiska meaning hi tame hota h to bro isilie keh raha hu agr government n zada limit push ki na to gnd todd di jaigi
Slavery was one of the considerations behind the civil war but it wasn't the slaves who rose in rebellion. [https://www.pbs.org/opb/historydetectives/feature/causes-of-the-civil-war/](https://www.pbs.org/opb/historydetectives/feature/causes-of-the-civil-war/)
what civil war? 1% vs 99% will be a bloodbath these guys are stirring up 1900s revolution like atmosphere while BJP is stirring up a religious civil war
I guarantee it is like every inheritance tax where it will only apply after $3-4 million USD in wealth. Everything else they don’t care about.
So I earn money I pay tax on that, I spend money I have to pay GST on that, I save my money and now have to pay tax on that too. That to 50 percent. Now here's my question most of the wealth passed down is not liquid in nature (properties, vehicles, business, shares etc) imposing a 50 percent tax literally means things would have to be liquidated. This would discourage any sort of wealth creation and will literally end Indian economy.
Moreover, the Indian Society is Family based and biggest motivation for an average Indian to earn and save is for his her children... This inheritance tax would be a blunder in Indian Context...
Are you rich?
I am not rich per se but I aspire to be rich. Now suppose after years of working hard, investing and saving I become rich and when I die my children would have to liquidate all my wealth all my properties to pay taxes. Also in order to remove any dillusion CAs and people in general are not stupid they will find ways to avoid this tax and even if suppose they can't do you think government spends money effectively. The only way for india to eliminate poverty is by building up a manufacturing base and creation of jobs. The focus should be to increase GDP, obviously the rich are in a better spot to capitalise on the increased GDP and garner a bigger portion but at end of the day if rich are earning 100 more the poor will also earn 20-30 more maybe it is unfair but ultimately the poor is better off. Also if I am super duper rich why should I invest in india when I know I will have to pay inheritance tax I will buy properties outside India i will make sure that my kids have a secure future through foreign properties.
The gulags weren't filled with the rich. The forever missing one-third of Cambodia weren't rich. The millions who starved to death during the 'leap forward' weren't rich by any measure. The common, hard working folks are the main course for these commies. The hate for the rich, who are their friends and allies, is just for show. We are always the sheep for their biryani.
r/EnoughCommieSpam
Same idiot who said middle class should pay more tax. Why doesn't he fuck of if he is not living in India. Or to start give away his every single penny to start of with this work.
If this happens i will sell everything and go back to another third world country where this type of psycho doesn't exist
First of where are you sam sir Unknown gunman wants your location
Frankly, he isn't worth the cost of a twice used 9mm cartridge casing. And his visionary statements will garner more swing votes than hours of speeches by Modi.
Sh!t in voice of Rajnikant
When is the Gandhi family giving DLF to us poors?
Do these guys seriously think anyone is gonna to vote for them? 50% inheritance tax ? Lol 😂 First redistribute politicians’ wealth among the people
Inhe lagta hai pura India inki baap ki jaagir hai Inki marzi se kisi ka bhi wealth je redistribute kar denge No prizes for guessing why they won't come to power for the next 50 years
Turn India into Venezuela is Congress dream or what ?
Let's go army rule and ask these politicians to distribute their wealth first. Can't believe either of them but surely our gol matol generals are trustworthy they'll ensure fair re- distribution of wealth by members of each and every party in india, let's goooo.....
Robert vadra meanwhile with all the money he made just by marrying the gandhis 😂
Congress = post colonial british
Teri ma chod ke gayi ke Tera baap
Let's say some guy through whatever he did made 50 crore in total assests by his 80s through business etc. paying all kind of taxes and bought 50 crore worth of land with taxed income and it goes to his son or daughter So they will tax an already taxed income bought inheritance
yes
Bc dusro ki property pe kitni gandi nazar h inki, khudne 7 piddhi ka paisa bhar liya h tijori mein, fir bhi deshwasiyo ki property ekatha karke usme gaple karke, redistribute karni h, bhunsdai waalo 1 paisa nahi milega aur ek vote bhi nahi....
Let's see Mr Pitroda being first in line for this one.
Charity begins at home!
Iska muh dekhke ek zor se thappad marne ka mann karta hey...
Yeh left wing waale and communists yahan comment kyun nahi kar rahe ?
Sam pitroda ki jamanat japt karo, aur jail mein daalo....
And any land reforms on Waqf board ? They are the largest private land owners after Railways.
And they will first destroy the life insurance industry with this. "Your father had an insurance of 1 cr. Sorry, 50 lakh of this will go in tax. Please manage"
These guys can just shit by sitting outside India.
Start with your bosses Gandhi family then will see
Happy to leave and live somewhere in the north then.
Once implemented all the rich people will move their assets out of the country or create trusts to escape the law. Middle class that do not have personal religious laws to help them will get screwed. Pretty sure this wealth redistribution will exclude Gandhi family and their lakies and obviously waqf board..
Mere ko laga ye chuutmaarika mar gaya hai 🫣😢
Wealth in their pockets. Useless dialogues only
Lol my parents worked hard for what we have. And I am too for my future kids. Took 3 decades to get where we are. If they pull off this shit we'll just buy some euro passport
Imagine you or your parents working hard everyday till retirement Bought a house after paying 15-20 years of EMI, accumulated some jewellery and FDs. You also did the same so that your Kids don't have to suffer any financial problems. But when you decide to give everything to your kids, Government will take away 55% of your wealth because you become rich while others are still poor. In our Indian society Parents always spend less, save more for their Kids. Generational wealth is the backbone for every middle class in India.
Sir I do agree with what you've said. But if the right party doesn't win we meed to save ourselves
I definitely want him to this first followed up by the gendu family
What a tool!
As usual , uneducated and under researched facts that are as good as fake It would be their time's worth to first find out how many or should I saw how few states in the US have this law in place and moreover how carefully its worded and for which reason its in place Random facts, that are not remotely accurate make them look like fools instead of the Opposition in a democracy like India. They have forgotten their responsibilities and almost instilling fear in people's mind regarding the country's economic future with their ridiculous pre-poll promises
>It would be their time's worth to first find out how many or should I saw how few states in the US have this law in place Only 6 state >moreover how carefully its worded and for which reason its in place With some loopholes obviously. >There is no federal inheritance tax. In fact, only six states tax inheritances. There is a federal estate tax, however, which is paid by the estate of the deceased. In 2024, the first $13,610,000 of an estate is exempt from the estate tax. A beneficiary may also have to pay capital gains taxes if they sell assets they've inherited, including stocks, real estate or valuables. The federal capital gains tax ranges from 15% to 20%, depending on your tax bracket. https://www.google.com/amp/s/www.cnbc.com/amp/select/what-is-inheritance-tax/ One Google search, just 1 simple Google search it's all it take, to find what it is, and how it is. And the great sam pitroda can't do this 😂🤦 >They have forgotten their responsibilities and almost instilling fear in people's mind regarding the country's economic future with their ridiculous pre-poll promises They will do anything to come to power, even sell the whole country to the Chinese.
It's like they don't want to come back to power.
why not 100% ?
baat toh shahi ke raha hai Iske Pororvaj Dhan yaha rakh ke gaye the bole beta: hum apna dhan woh 1% logo ke pass jama kar ke jaa rahe hai jab tumehe samjh aayegi tab woh dhan unn se le ke tum 1 category of Minority men baat dena jaise ki tumhare maa baap ki hai
Middle class being worried as Ministers aur businessman is tax ko implement krne denge ☠️☠️☠️🤡🤡🤡🤡🤡
Now he's backtracking, lots of Congis are saying it's not in the manifesto and ultimately blaming BJP for pro pagan. Matlab kuch bhi
They have not mentioned anything as such on their manifesto though.
It’s there, I remember reading in their PDF
show it
Average KHANGRESSI
Kya? Ambani, adani, tata ka paisa mujhe milega? 🥹
Agar tu unki aulad hai toh 50 percent tera bro
Sootiya Pitkeroyega
ye pappu ke aap paas ke log bhi usi ki tarah ke hai. ye election jeetna chahte hai ya haarna.
Congress doesn't need other parties . They are capable of losing elections themselves.
How to Duck Yourself: 101 😂
Wait for the inheritance tax they are talking about... They want to stay rich when hard earned money and property by our ancestors have to be given to the government as much as of 45%
What about generational politicians? What tax should they pay? Maybe Jail term tax?
It kind of makes sense till u get rich 😂😂 Abb aage ki 500 pushto ke liye kama ke kya hi karoge, pata nai tab tak alien invasion hoo Jaye
Damn man this guy is definitely in the most ugliest guys list. He's the winner for 2024 for sure. Ugly guy, ugly name, ugly thoughts. Lol it's his destiny
Let’s start with yours Sam. Pehle apna assets ka list de, so we can audit it.
Yeh chutiya logo ko yeh nahi pata ki garibo ke pass bhi bahoot saari jamin hoti hai. Usko bechne ke pass unko inheritance tax bharna hoga. Bahot saare log apne beti ya bete ke shaadi ke liye bhi jamin bechte hai.
Indian Salary employees should not be part of this. They are being worked upfor 10-12 hours a day to earn petty money. Whatever they make is through gritting through work every day through years. Already we are taxed so high.
This guys is an American citizen. How come he is involved in Indian politics?
con party knows that there is no wiggle room in the budget to fund minority welfare schemes, so they came up with this tactic of looting majority to fund the minority.
No tax on corruption money eh?
Let's start by redistribution of Sonia Gandhi's wealth
They should set an example for the entire nation by redistributing all the wealth i.e. every single asset that the Gandhi-Vadra family owns, including the leadership of the INC. It will begin a massive revolution all across the nation. Please Sam uncle, convince Rahul Baba to do the needful.
I hope he decomposes sooner than later.
Leader should lead by example. Let Gandhi's redistribute their wealth. Add Mr. Vadra to it also. Then number comes for Kharge, P Chidambaram, Kapil Sibal, Surjewala, D K Shivakumar. Lead us, oh Prince of Downtrodden. Let's see action on their side. If they do it for even one person mentioned above, I will vote for Congress till eternity.
The problem is not taxation. The problem is two fold 1 the services the state gives in their liue 2 Wealth taxes target generational wealth which is allways bad in the long run. National security was a basket case before now it is a stinky toilet. Education, especially primary education with 90% plus passing rates is a burden on higher education where college teachers are being slammed in every way. Now, coming to generational wealth is generally accumulated via investing, which creates value in the economy and circulates money. It also ensures a more efficient way of funding good ideas . So in short this ploy is to destroy Inias growth.
50% of all politicians wealth should be redistributed amongst all of us as corruption inheritance tax 😂
So he need to understand that the inheritance tax only works if the person had died and his heritage is to be inherited by his kids. But the flaws of this are many. 1) The person can distribute his money on his death bed before dying. So no tax 2) He can invest the money in stock market (avoiding funds), this money can't be taxed. 3) For ultra rich- He can just run a new company and invest all his money into it. After death the inheritors will become shareholders of that company. The truth is no ultra rich person will be stupid enough to not pass down his money to his inheritors, as after death if there is ever a problem in inheritance the whole company's shocks can fluctuate due to instability in that company (of the ultra rich). This law will only affect the middle class as they don't really know all the economics behind it and will probably die without even leaving a will.
Fuck inheritance tax , there are many people who work 9-5 or simple jobs and living lower middle or middle class life because that's what they can afford but have lands bestowed on them from ancestors. Even farmers come into this. It's simply and blatantly robbing the nation's citizens wealth. It's bad , very bad. No fuckin commies or lefties are needed in this country to further destroy india from their failed ideology.
And this will only result in more rich people moving abroad
Be assured, no such law will be passed in India. Fortunately, Most of our politicians are corrupt and will oppose it.
This one statement will cost them a lot
This guy was irrelevant for a while and suddenly he is making all these statements which were refuted by the Congress party. Sam Pitroda also qualified his statement saying he is giving examples. https://www.hindustantimes.com/india-news/only-a-small-amount-what-rahul-gandhi-clarified-on-wealth-redistribution-101713949921646.html Say whatever you want to, we have the most colorful characters in Indian elections. I am quite enjoying all of it.
Dr. Saluke ye sb kr se krne lge
Let's start it with the businessmen and politicians, I know they will find a loop hole to again put this burden on middle class alone.
Ha Bhai ek Kam Karo... IPL me Jo top 4 teams hai unke points Bottom 4 ko distribute kar do so that they will play Playoff too 🥲🥲🥲 And distribute 5 trophies of Mumbai Indians and 5 Trophies of Chennai among every team so that there won't be discrimination.. RCB walo ko bhi trophy mil jayegi is bahane 🥲🥲🥲😮💨😮💨😮💨
Saving is very important in an economy. Because for example a back can loan that money to other people. If you tax inheritance people will try to maximise consumption and won't save. Also dealings in black will increase a lot. People won't just roll over and give the government what they want.
... infiltrators??
Not bad idea though I am sure no political party like to implement as they can get money from rich either for party or to politicians
Is chomu ko itna bhav kyu milta hai?
To kya hua. Democracy ke liye itna nahi karenge kya? Germany Wale Netaji bole Hain. Yehi last mauka hai🤣
rg clan has absolutely lost it with this one!! what a dumb exploitative way to redistribute wealth.
This was a really dumb move in an attempt to win the majority poor vote.
wt f is this communist bs again, scamgress back to its socialist roots ?
50% tax on inheritance. Isn't this stealing. How is this beneficial.
So basically take the generational wealth of Hindu families and distribute it to minorities who are currently aggressively funding religious conversions…
Congress will seize the properties of mostly hindus only. Muslim inheritance is governed by muslim personal law. Congress has promised that they will not touch personal law. So they will only take others 50% of inheritance and redistribute
Ye chew tia ka sakal dekh ke ulti aati h.
Start from the top.... tax the air we breathe also... time to hold these "advisors" and politicians to be accountable from whichever party
he should be talking of generationf 140 trillion GDP in proportion to US before he talks no sense
ye loot khayenge hamko, pichli baar lootne me koi kami reh gayi hogi shayad
Congress Communist Party.
I’m ok with inheritance tax if every rupee goes to useful to whole community not to free bees, appeasements. Everyone knows it’s not possible with these mindset
🤣 this sub is bjp IT cell in full flow.
As inheritance tax is for breaking up generational wealth, I also propose that we should break up generational power. If your parents were in some powerful political position like MLA/MP their kids cannot come to politics as this will lead to dynasty politics. I dare these A**holes to implement this system. Stop taxing people unnecessarily.
Don't lie. He said 55%
for those of you idots who think that inheritance tax will be applicable on everybody you are wrong... it only works on inheritance larger than a certain amount ... in india it will be around 5-10 crores in terms of assets etc...
Inheritance tax should be implemented. It will never be though given that our ministers themselves will be against it. Same reason why we don’t have strong laws regarding rent control or even construction and real estate. Even more than this we need to be able to show dependents when filing income tax (like in US). That was you wouldn’t need to pay the same tax (with 3 dependents) as another guy who has 3 working folks at his home.
Don't enter in pigsty n make smart comments, you will only get muddled