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In olden times, Kings oe Rulers used to take a cut from profits earned by common people to run the country and to keep them safe. Today, the Government does the same in the form of Taxes, but there is a group of people that agree to the fact that Income Taxes should be at their minimum to allow people to have some cash in hand to invest or buy new things in the market.
I believe this is a great idea as common people would have more income in hand, because of which they can actually spend more money by purchasing cars, bikes, and houses, and hence they will be indirectly paying taxes in the form of Value Added Taxes or GST in India.
What are your opinions about the same? Do you think that Countries should not have heavy Income Tax and that indirect taxes should be used to get money for Government processes?
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