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Praising US policy, Pitroda has suggested that 55 per cent of a person’s wealth should be taken by government after his/her death, and redistributed. (File photo)
Irked by Sam Pitroda’s suggestion, BJP’s national spokesperson Shehzad Poonawalla wondered if such policies can do justice to citizens, when there’s a huge gap between 55% wealth of a businessman and 55% wealth of a farmer.
Amid heated political scenes in India in the polling season, the Congress party has again landed itself in soup. The latest controversy revolves around a remark by Indian Overseas Congress chairman Sam Pitroda, giving fresh ammunition to the Bharatiya Janata Party.
Praising US policy, Pitroda has suggested that 55 per cent of a person’s wealth should be taken by government after his/her death, and redistributed.
“In America, there is an inheritance tax. If one has 100 million USD worth of wealth and when he dies he can only transfer probably 45 per cent to his children, 55 per cent is grabbed by the government. That’s an interesting law. It says you in your generation, made wealth and you are leaving now, you must leave your wealth for the public, not all of it, half of it, which to me sounds fair,” Pitroda said.
Irked by his suggestion, BJP’s national spokesperson Shehzad Poonawalla wondered if such policies can do justice to citizens, when there’s a huge gap between 55% wealth of a businessman and 55% wealth of a farmer.
“Ironically Gandhis built a huge treasury for their own children & son in law but they want to grab your hard earned tax payed resources,” he wrote on X (formerly Twitter), slamming the “closest aide of Gandhi-Vadra family”.
Congress, through Sam Pitroda the closest aide of Gandhi Vadra family, is essentially saying that 55% of what you earn will be taken away on your death. If you are a farmer- 55% of your land will be takenIf you are a businessman – 55% of your business will be taken
55% of… https://t.co/Ag25vqZPWH
— Shehzad Jai Hind (Modi Ka Parivar) (@Shehzad_Ind) April 24, 2024
BJP leader Amit Malviya took the opportunity to hint voters about Congress’ “destructive” plans if they are voted to power this election.
“Congress has decided to destroy India. Now, Sam Pitroda advocates 50% inheritance tax for wealth redistribution. This means 50% of whatever we build, with all our hard work and enterprise, will be taken away. 50%, besides all the tax we pay, which too will go up, if the Congress prevails,” he wrote on X.
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