Skip to main content

In Tax We Trust

Slum and Skyscrapers in Mumbai: by Alicja Dobrucka


A few weeks back, when the World Economic Forum was meeting in Davos, some of the wealthiest people in the world wrote an open letter, titled In tax we trust, to their “fellow millionaires and billionaires.” The letter drew the attention of the affluent people of the world to the gaping chasm between the rich and the poor and squarely laid the blame on the prevailing economic system which “until now has been deliberately designed to make the rich richer.”

The forthrightness of the letter is admirable. The prevailing economic system which makes the rich richer is unjust, the letter admits candidly. “This injustice … has created a colossal lack of trust between the people of the world and the elites who are the architects of this system. Bridging that divide is going to take more than billionaire vanity projects or piecemeal philanthropic gestures – it’s going to take a complete overhaul of a system…”

Let us pay more tax than the less privileged people. That’s what these rich people are saying.

Why did they choose to be so magnanimous. 76% of the world’s total wealth lies in the hands of just 10% of people. The bottom 50% of people own just 2% of the assets. The inequality is all too obvious. The injustice is obvious too. To sensible people.

The Indian billionaires are conspicuously absent from the signatories to that letter. In India, the chasm between the rich and the poor became ever more audacious after Modi became the Prime Minister. 57% of the country’s wealth lies with 10% of the Indians while the share of the bottom 50% has gone down to 13%. India today ranks as a top country with respect to wealth inequality. And the system is being tilted more and more in favour of the rich as indicated by the latest budget.

A small additional tax (say 5%) on the billionaires of India will bring in an enormous sum of money that can be used for specific purposes like education of the poor children, giving them free lunch in schools, ensuring their nutrition and health, and so on. Instead Modi has chosen to give more and more benefits to these rich people and tax the poor more and more by allowing the prices of everything from food to petrol to hit the skies.

The world is moving ahead with a vision to create a more egalitarian global society. But India is moving in the opposite direction by widening the gap between the rich and the poor. Modi has been taking India backward in too many ways. Back towards ancient myths and their static darkness. Modi is doing to India just what Christianity did to Europe in the medieval period. Europe eventually rejected that Christianity. Modi’s Hindutva will become a relic in the due course of time. Modi himself will become a gargoyle on the edifice of civilised human history. It’s changes or pitchforks, to paraphrase the conclusion of the open letter mentioned at the beginning of this post. Listen to history wisely if you don’t want to end up as a gruesome gargoyle there.

Satish Acharya's cartoon on the latest budget

xZx

 

Comments

  1. Chinmayee Gayatree SahuFebruary 6, 2022 at 1:06 PM

    I echo your thoughts, Sir ! And this is what happens when there is no fear of opposition, the civil society is clueless of what to do and the same party becomes overconfident of its majority . Time to change everything.

    ReplyDelete
    Replies
    1. Tomichan MatheikalFebruary 6, 2022 at 1:48 PM

      If they don't change themselves, destiny will change them brutally. That's how history works.

      Delete
  2. ArtiFebruary 7, 2022 at 2:00 PM

    Thank you for sharing Satish Acharya's cartoon --a picture paints a thousand words and this one paints the pain of the common man starkly--pitchforks, it is then.

    ReplyDelete
    Replies
    1. Tomichan MatheikalFebruary 7, 2022 at 5:58 PM

      What baffles me is how long it will take the common person to understand the treachery...

      Delete

Post a Comment

Popular posts from this blog

The Adventures of Toto as a comic strip

  'The Adventures of Toto' is an amusing story by Ruskin Bond. It is prescribed as a lesson in CBSE's English course for class 9. Maggie asked her students to do a project on some of the lessons and Femi George's work is what I would like to present here. Femi converted the story into a beautiful comic strip. Her work will speak for itself and let me present it below.  Femi George Student of Carmel Public School, Vazhakulam, Kerala Similar post: The Little Girl
44 comments
Read more

Florentino’s Many Loves

Florentino Ariza has had 622 serious relationships (combo pack with sex) apart from numerous fleeting liaisons before he is able to embrace the only woman whom he loved with all his heart and soul. And that embrace happens “after a long and troubled love affair” that lasted 51 years, 9 months, and 4 days. Florentino is in his late 70s when he is able to behold, and hold as well, the very body of his beloved Fermina, who is just a few years younger than him. She now stands before him with her wrinkled shoulders, sagged breasts, and flabby skin that is as pale and cold as a frog’s. It is the culmination of a long, very long, wait as far as Florentino is concerned, the end of his passionate quest for his holy grail. “I’ve remained a virgin for you,” he says. All those 622 and more women whose details filled the 25 diaries that he kept writing with meticulous devotion have now vanished into thin air. They mean nothing now that he has reached where he longed to reach all his life. The
62 comments
Read more

Unromantic Men

Romance is a tenderness of the heart. That is disappearing even from the movies. Tenderness of heart is not a virtue anymore; it is a weakness. Who is an ideal man in today’s world? Shakespeare’s Romeo and Sarat Chandra Chattopadhyay’s Devdas would be considered as fools in today’s world in which the wealthiest individuals appear on elite lists, ‘strong’ leaders are hailed as nationalist heroes, and success is equated with anything other than traditional virtues. The protagonist of Colleen McCullough’s 1977 novel, The Thorn Birds [which sold more than 33 million copies], is torn between his idealism and his natural weaknesses as a human being. Ralph de Bricassart is a young Catholic priest who is sent on a kind of punishment-appointment to a remote rural area of Australia where the Cleary family arrives from New Zealand in 1921 to take care of the enormous estate of Mary Carson who is Paddy Cleary’s own sister. Meggy Cleary is the only daughter of Paddy and Fiona who have eight so
39 comments
Read more

Yesterday

With students of Carmel Margaret, are you grieving / Over Goldengrove unleaving…? It was one of my first days in the eleventh class of Carmel Public School in Kerala, the last school of my teaching career. One girl, whose name was not Margaret, was in the class looking extremely melancholy. I had noticed her for a few days. I didn’t know how to put the matter over to her. I had already told the students that a smiling face was a rule in the English class. Since Margaret didn’t comply, I chose to drag Hopkins in. I replaced the name of Margaret with the girl’s actual name, however, when I quoted the lines. Margaret is a little girl in the Hopkins poem. Looking at autumn’s falling leaves, Margaret is saddened by the fact of life’s inevitable degeneration. The leaves have to turn yellow and eventually fall. And decay. The poet tells her that she has no choice but accept certain inevitabilities of life. Sorrow is our legacy, Margaret , I said to Margaret’s alter ego in my class. Let
36 comments
Read more

Octlantis

I was reading an essay on octopuses when friend John walked in. When he is bored of his usual activities – babysitting and gardening – he would come over. Politics was the favourite concern of our conversations. We discussed politics so earnestly that any observer might think that we were running the world through the politicians quite like the gods running it through their devotees. “Octopuses are quite queer creatures,” I said. The essay I was reading had got all my attention. Moreover, I was getting bored of politics which is irredeemable anyway. “They have too many brains and a lot of hearts.” “That’s queer indeed,” John agreed. “Each arm has a mind of its own. Two-thirds of an octopus’s neurons are found in their arms. The arms can taste, touch, feel and act on their own without any input from the brain.” “They are quite like our politicians,” John observed. Everything is linked to politics in John’s mind. I was impressed with his analogy, however. “Perhaps, you’re r
34 comments
Read more