The Taxing of the people!

It’s high time that the governments start thinking in a positive and at the same time sensible ways. Long years have gone without this particular basic problem been addressed. Not a man worth his salt has ever thought or stated about this thing that those in the corridors of power listened. The man who touched the limit of one lakh and exceeded it by a wafer-thin margin gets taxed by the ever-cautious government; lest the opportunity to serve the commonest of the common people stands jeopardized. Its been stated that as the government is the sole responsible authority which enabled the person qualify for the job, and before that, the government helped that particular job recruit the persons it has recruited, he has got, it becomes his duty to pay back when he reaches a paltry some of One Lakh, a year.

Even a fool knows a lakh a year is something just equal to fifteen to twenty thousand rupees a couple of years ago; and the purchasing power it has got is something very negligible. Most of the time, the purchasing power of one lakh is well below the twenty thousand of yesteryears. A piece of land costs eight, nine or even ten lakh now when the same had a value of just one lakh, a couple of years back. Hence, how come the government understood its one lakh that is the point, which if exceeded should be taxed? Every man who lives on this planet is entitled to have a dwelling to get inside and take rest; and what are his chances of getting a good or hygienic house in his life-time? You can’t say one can have a great house in Heaven, if you suffer miserably in this life, without having a good shelter for you and your family!

One has to think also about the chances of one landing a financial help from the financial institution for a home of medium quality with a salary of one lakh a year. Where will one find the “ASSET” , one is asked to put as a guarantee or an assurance when one goes to “APPLY” those soft loans which one might land by sheer chance? And if one by God’s grace lands a loan at all, think of the interest rates, compound interest and all the catches & strings which will barge into the loan which automatically makes the loan totally unviable and idiotic. If one has to live the life of a human being, it’s imperative to have a good shelter matching the standards of human beings; and, it’s not for the basic amenities like food, water and clothing human being is born into this world. To live the life of a human being, he needs something more than the bare essentials. For that one needs to have “ASSETS”, which will further the quality of life one is entitled in this world.

Assets like knowledge (education of good quality etc.), property (land etc.), quality (in anything and everything), good standard job with good pay scale (that one can start asset accumulation) and all the things that are of standard and quality other than the basic necessities, including the basic necessities, are in great short supply. And the government assumes ignorance and trumpets the great things of past and the great future which is to be, that the present suffers and suffers like anything without getting anything back in their life time; just day dreaming to the end of the great things, which will be offered one day, never knowing that the promised things and days will never ever come in their life time! It’s like the king who walked naked among his people thinking he is dressed in fine apparel, which only, as the wicked and cunning tailors made the king believe, wise and intelligent people can see! He had to be woken up to his senses by a small boy, who screamed on the top of his voice that the king was naked! Here, the ordinary people are walking naked, thinking that they are parading, wearing a great dress made of the finest of the things in the world, which is only visible to the wise and intelligent men, as been told by the respective finance ministers and the governments (tailors who are selected by the nakedly-parading people to tailor their future!)

Asset creation is the most important thing one should be able to do in his life time, which is before the age touches fifty, and he should be in a position to enjoy the wealth he has created in his life time, when he can standardize his life quality-wise and enjoy the wealth he has created. If one struggles to create wealth or assets all his life and somehow manages to have something of the wealth or assets he dreamed of in “his good old days” by the time he dies and enjoys what he created only in the death-bed in the form of medical benefits and the benefits his family will get after his death due to the policies he had taken in his life time as a form of asset creation, what is the benefit he gets in his life time? Asset creation is and should be the most important thing one person should focus his entire attention on and as fast as he can create the asset of some value that he can start living a standard life. From then only should the Tailors of Yore start squeezing people directly in the name of whatever they say they are taxing people right and left. The common people should understand and fight for their “Right for Wealth and Asset Creation” and let all other things, which the Tailors of Yore say are the first priority, take a back seat. It is the right of the person to live a quality life which should create wealth and assets that can be enjoyed when one should be in a condition where one is not a burden on anyone else’ shoulders. To that point should the Tailors lead the people as they claim they are the leaders who lead those who elected them to the very right direction and to the right point!

It is well understood that an amount less than five lakh in one’s personal account is just nothing, thanks to the inflationary pressures and its only an amount not less than ten lakh may be counted as some sort of an asset or wealth. And, how many, one should think, have these sorts of amount with them that they can consider themselves wealth or asset creator? How many can afford a piece of land which costs above five lakh, leave alone the amount one has to spend creating a house on the land purchased? This being the ground situation, how come the governments which rule the millions in the name of development, up gradation of life, quality of living standards and a million other sugar-coated words, start taxing people when one crosses the one lakh limit imposed by those who say they stand for the people? How come this simple principle of “wealth and asset creation” got completely forgotten by those who profess by the strength of education they got and the experience they have in handling everything that is in some way connected to quality and standard? How come the so-called intelligentsia, the wise people and those committed to the well being of the people so long never thought of these things and feign total ignorance of these matters of utmost importance? Is life a matter of “trying to create wealth and asset to the last moment of one’s life and never living a life of a human being at all?” And, one is surprised by the ease with which the life of common people is downgraded by the minute by those who are there to protect and upgrade the one and only life one is entitled to live on this once green beautiful planet. Sometimes one wonder whether these people who do all these things to make people suffer have some nexus with ‘the supposed world above’ that only these people have the knowledge of the greater mansions and wealth and assets people of this earth will inherit, who live here sub-standard and die here sub-standard!

Please Note: As this essay was written almost 2 years back, Rs.1 lakh is stated to be the amount from where it’s taxable; though the amount is raised to 1.5 lakh last year, it doesn’t make any difference in the ground situation, and actually, the situation has turned more troublesome!