“Tax the rich” has always been a popular political slogan that resonates with a lot of people. And why shouldn’t it? The rich have an excess of money available, tax them and put the money to good use.
It’s not long before this thought leads one into a utopian realm of equity, of a society where the economic system offers the same facilities to both rich and poor. Everyone has enough, everyone is happy. But this thought cannot germinate for long. Note: Access to the full article is limited to paid subscribers only. If you are already a paid subscriber, please Login here Otherwise, you can choose to purchase a subscription package below for as low as Rs 275/month:
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