Wednesday, January 13, 2016

Jeene bhi do yaaron



Nitish Kumar pounds samosas and kachouris with a 13.5 per cent luxury tax. Amma offers subsidised dosas, idlis, vegetables.... Fadnavis has not yet thought of taxing vada pav and usals. Heading to a state elections, Mamta will not brand shingaras with a tax. Backed Nitish Kumar in the state elections. Regret it. Deeply. Me has not learnt a lesson: Every politician is a sharper. Samosas are luxuries; what are dal and roti lunches? will Nitish tax dal-roti? living in Bihar is a luxury; Patnavi Khushboo Narayan is furious. 'Saab, abhi Ranchi mein Kellogg khayenge; garib ko jeene nahin denge,' says Ram Shukla, the vada pav vendor. A better and quality thinker, Shiv Vishwanathan in Mint says: 'What is the rationale that Nitish Kumar is giving for this tax? What is wrong with the Chief Minister of Bihar? Imposing a tax on kaju ki barfi is something I understand but tax on samosas and kachouris sounds ridiculous to me.' Is there a rationale to taxing kaju ki barfi and kaju katli or any food? Between samosas and shingaras made on the dirty roads of Kolkata, me prefers shingaras; in Mumbai, there are no shingaras, only samosas with Madhuram near Borivili (W) station offering the best at Rs.18 a piece; no single samosa order, two being minimum. At around 4.30 p.m.walk into Madhuram and samosas come floating out of glass cases. Ram Shukla predicts a samosas and kachouris morcha, fresh and hot, in Patna today with the two eatables threatening to walk off the dining tables of Nitish and Laloo of aloo fame. Never understood this taxing business; does not a low tax garner more funds? Prof. Fr. P. Turmes used to inform the economics class in St. Xavier's College of the virtues of a low tax rate: more collections and less dishonesty; better than low collections and no honesty. The same was said and practiced by an old man called C. Rajagopalachari as Chief Minister of Madras. Less controls, less taxes. In Bihar, samosas and kachouris will generate black money for tax collectors and the government; everybody will be happy as the next elections are 5 years away. There is a loss of revenue in banning liquor and Nitish wants to make up. A Parvathi could not get Shiva off drinks, try hard as she may. No woman and no Minister can stop a man from drinking; this is not an ego clap as dear old Rama loves a Breezer; a liquor ban helps everyone to pack purses; it is happening in Gujarat, happened in Maharashtra; Patna will be hell. There is a way to give a hand to the economy, it is by chipping away or abolishing taxes; economists need not wince over fiscal deficits as the burst in revenues will more than make up. A 14 per cent service tax on everything except births and deaths yields New Delhi huge funds; in 2012-13, actual collections were Rs.132,498 crores up from Rs.23,000 crores in 2005-06. A punitive 20 per cent interest rate tax on bank deposits is a second killer; if these two can go in February 2016, India will be into an economic boom, topping 10 per cent GDP growth; and perhaps there may be less need for the editorially hated MNREGA. Yet, the poor in Bihar will not be able to chew samosas and kachouris. Surely, your mother did make samosas and kchouris for you, socialist Nitish, as a kid and they had no tax. Jeene bhi do yaaron ...jeene do. 

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