Discover India s tax requirements for businesses and tax-paying Individuals, transfer pricing rules, accounting and audit compliance, as well as various links to helpful resources for managing your business in India.
The BJP-led government can bring in some cheer for taxpayers in Union Budget 2023. There can be some changes in the income tax structure. Know about the current income tax structure here:
standing side by side. we ve not seen them side by side since this conversation began at the last debate. on the flip side, she says, look, it s hard to have big structural change. i m willing to take the fight and i m willing to take the harpoons that come with it, i think we need this structural change. that s the argument she makes knowing it s risky. she said yesterday, so sad, so sad, they might have to pay two cents out of their gazillion dollars. last night amari cooper said, easy. what is the point to vilify successful people that have done well for society? i don t get it. she can say wealthy people should pay more in taxes. i happen to agree with that. i believe strongly in the income tax structure. i believe rich people should pay more, but why she criticize the wealthy is for political gain. you have michael bloomberg, warren buffett, right there. mr. cooper is saying, we ought
i accept that. aggressive income tax structure. he gave an answer. what was the answer? if you make over $1 million, 35%. if you make over $5 million, 40. guess what, you re already past that between obamacare, 39.6%, you know, federal income tax, social security tax, inheritance tax, state tax, you re already past that. how much should the wealthiest americans pay? warren buffett s number. 40%. i m happy to give 40% of my income to the government. i think that sounds like a reasonable number to me. is that reasonable to you? okay, let me tell you you re deflecting. i m going to answer. but after i was 70 years old, 70 to 88, 18 years, i have paid $675 million in taxes. okay. and that s it, that s a fact, i have paid that.