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Wednesday 11 August 2010

Tax the rich to pay for the poor: Prakash Karat

V V Balakrishna
First Published : 08 Aug 2010 12:36:25 AM IST
Last Updated : 08 Aug 2010 11:01:16 AM IST

VIJAYAWADA: Expressing serious concern over rampant corruption, CPM general secretary Prakash Karat on Saturday suggested that more taxes should be levied on corporates and affluent sections to generate funds for developmental programmes.

In his inaugural address at the four-day extended meeting of the CPM central committee which began here on Saturday, Karat said, “Speculative capital flows must be regulated and profits from such foreign institutional investment taxed. Steps should be taken to recover illegal money kept in tax havens and secret bank accounts. Corporates and affluent sections should pay more taxes. It is with the increased tax revenue that there can be increased public expenditure on education, health and social welfare.”

He lamented that every institution of the state and every pore of society was getting polluted and corrupted. The nexus between big business and politics was now out in the open.

“Public policy making has been suborned to serve the interests of the rich and powerful strata. Corruption, through the siphoning off of public funds, preys on the common people who find their rations and other entitlements vanishing into the pockets of a corrupt and greedy nexus of bureaucrats-politicians-contractors,” Karat alleged.

The CPM leader said, things have reached such a stage where the mining mafia of the Bellary brothers was dictating the politics in Karnataka and also influencing political events in Andhra Pradesh.

Karat also found fault with Prime Minister Manmohan Singh for accepting and implementing what captains of big businesses in the US and India propose. “The agenda for all anti-people policies is being propelled by the Indo-US CEO Forum,” he alleged.

On the party’s performance, Karat said that the CPM suffered reverses in both West Bengal and Kerala in the Lok Sabha polls. “The party has identified steps to be taken to remedy the situation. We should do our utmost so that people of both states renew their faith in the party,” he said.


Comments

Golden words from Karat....meant for whom..? For the poor and downtrodden, who are forced to remain like that as a strong cadre force for political parties...? Is working hard... wrong ? When U work harder, U earn more money....Then, is taking that money as a recognition of working harder..is wrong...? Are U suggesting to penalise people who work hard(er)....??? Confusing words from a (supposedly)senior and trusted(atleast by some) political leader.....!!
By gopa varma
8/10/2010 11:29:00 AM

What is the difference between Indian communism and Chinese communism? Chinese communists embraced capitalism during the ping-pong diplomacy of Henry Kissinger. The attitude of love and mercy and freedom of expression and respect of human dignity is theo-centric and only a genuine search for a truthful vision will be a beatitude for INDIA.
By I:C.S
8/9/2010 10:36:00 PM

Lets start with Mr Karat and his family first
By V
8/9/2010 3:23:00 PM

We get what we deserve. Majority of people have been corrupted by the big government controlling everything. Basic necessities are scarce and people have to get it by hook or crook. The honest people have become a minority. It has become difficult to be honest in India. Out dated Commies may loose their national party status if not in the next election then in the following one. We should not worry about Karat and Company. Corruption can be reduced by reducing the size of government. We need more people thinking along these lines and electing such leaders.
By Suman Kumar Mishr MD
8/8/2010 10:33:00 PM

kindly name one who u find corrupt with some authenticity. in which fivestar hotel u find any of them n when kindly help me to increase my gk.also name one from cpm whom u find travelling firstclass other then what prescribed.
By sps
8/8/2010 5:23:00 PM

whats the point of moderating the comments,freedom of speech and expression is the basic right of democracy.
By dan
8/8/2010 4:42:00 PM

how about this,instead of taxing rich,why dont just audit all the goverment official and what ever cash,gold ,land and other properties also over sees account and false companies set up by their relatives that are not reported on their tax seized and liquidated .i bet will create enough revenue that there will be no need to tax rich hard working class people who dream big and create jobs and keeps the nation economy going.and also dont forget to check govt official pockets you will find something in there to thats not been reported to govt .time to rise and wake up dont be fooled by these fools.
By dan
8/8/2010 4:39:00 PM

Don't we have ignorantly arrogant and egoistically and despotically anthropo-centric materialism in our democratic furniture?
By i
8/8/2010 4:38:00 PM

Sri Karat the known rich are dying paying taxes, but the richer and the richest not knwn are the Politicians and govt officials, who are stinking in public money sqaunder, can mr Karat any politician who is not rich, and yet in politics and surviving, these rich have unlimited power utility, and money flows with their nod, who paid taxes for Bofors-Fodder-the tele com scam-the sugar scam-the iron ore mining scam the lefts undisclosed income for 3 decades have loads of money in a bankrupt backward w Bengal, you should also know all these people are servants of the people and are enjoying hiegest lifestyle-A/c,cars, personals-bunglows, and of course the trump card i.e the power to make money
By s kumar
8/8/2010 4:17:00 PM

well said Mr. Rajeev Kumar. We the common people are fooled.
By karpaka_rajan_v_Chettiar
8/8/2010 1:01:00 PM

It is not as simple as that Mr Karat..!!! Do you mean to say that by imposing a tax of Rs 100/= on the rich will ensure that it will automatically each the poor ? I am afraid not..!! 70% goes off to the pockets of politicians and officials through rampant corruption....25% is wasted .....and 3% is accounted for cost escalations and finally if ....God willing...may be 1% will reach the poor...!!!! This is a fact in our country. Unless we are willing to change the system and politicians like you make up your mind - by wowing to selfless give work with real 'sacrifice' ......no improvement will happen by merely imposing taxes in the rich....!!! Think about it....!!!!
By Sukumar Vasudevan
8/8/2010 12:50:00 PM

All political parties die swallowing their own lies.CPI -M is also a on death bed.What Communists have done to counter all pervasve corruption?Their Ministers are as corrupt as are those from Congress,BJP,DMK,ADMK,RJD,etc.etc.All have made a secret pact to loot the public and to lead lives that Maharajas of yore would have envied.They all live in Rs 500 - crore palaces in Lutyan`s Delhi,they all travel first class ,lead five star life-styles.Not a single party has tried to appoint a LOK-PAL to tackle corruption at the top.They are all in silent conspiracy to thwart any attempt to fight corruption.What Karat has to say? Rajeev Kumar
By Rajeev Kumar
8/8/2010 11:28:00 AM
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