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Friday, May 21, 2004

2% salary cess to fund job insurance 

Manmohan proposes increasing income taxes for individuals - 2% salary cess to fund job insurance

Now I'm really pissed. Just because we taxpayers are the only ones more interested in being productive than protesting on the streets, this idiot thinks we can be milked for all we are worth. Just such leftist bullshit on wealth redistribution if what I was afraid this Congress-led government would implement. So we can all be equally poor now :-(

And I'm really sure that once taxes increase, they keep increasing. This cess is supposed to be the first step towards allowing a hire and fire policy in Indian PSU and government offices which would be great to eliminate the deadwood. I'm sure the second step of actually enacting a law allowing people to be fired will never be taken. The leftist unions would never allow this. So all that's going to happen is that we are going to be taxed to death.
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