TAX CUT AND THE BENEFITS

From the desk of Mrs. Baby Abraham . . . . . .

TAX CUT AND THE BENEFITS

Tax cut is very beneficial to companies and corporates.

Interest rate for banks when reduced, it was beneficial to banks .

But they never passed  on the benefits to the people .

FEDERAL RESERVE DATA, US , reports that the tax cut benefits are preserved with in the top group and the stock holders . They even buy back the stock. That creates shortage of number of stocks available for public to buy. The stock price grow enormously. The dividends grow enormously . But they do not re- invest or enlarge the company. So the benefit remains in the few . Since not much employment generation and subsequent increase in salaried people , the economy does not benefit .  Unemployment problem is not solved . The number of salaried people is stagnant and no extra generation of wealth by individual citizens and thus no increase in tax from individuals .

How many were laid off instead  adding to the number of unemployment .

When land is grabbed from small and big farmers for mining as in  ……..

how many are without any income at all and migrate to the cities !

Take every sector and investigate what precipitated shortage of income and give remedial measures . Instruct them by extending relevant solutions so that they will have new ideas to develop with , and from their existing resources. Help them to serve the nation in a better way.  Give all the “ DO THIS, DO THAT  “ instructions so that immediately they can get into action . Just “ DO NOT “ instruction bring everything to a stagnant position without further forward directions .    Chart out what each section has to do in the proper way.  Explain how the government is helping at each stage and give them that help at the correct time . If the help is delayed , the crop dies,  the projects do not take off , half built bridges and fly overs and half built institutions  will bear testimony to the negligence .That is guidance . How our athletes win with proper training and coaching and caring. How digitisation and web use done properly  increased the knowledge and innovative power of our children, youth and men and women .

How our white revolution changed the life of crores of people . How vocational and skill development coaching improved the skill of people . How medical training for doctors nurses and  IT , etc are considered competent all over the world . The only area where not training is required is violence and beating , rioting etc . Bring out the better side of our own characteristics , qualities and conduct .