Capt: Punitive taxation cannot revive economy
Monday, 23/07/2012
http://www.tribuneindia.com/2012/20120723/punjab.htm#7
Hitting out at the SAD-BJP government for imposing new taxes, Punjab Pradesh Congress Committee president Capt Amarinder Singh today said this would not help the state as only productive, not "punitive", taxation could revive the economy.
The PCC president also announced a state-wide agitation programme against the "punitive" taxation starting from July 24 in Jalandhar. The protest would be attended by all MPs, MLAs and district presidents, he said.
Referring to imposition of taxes, including duty on sugar and mobile phones and an increase in electricity tariff, Amarinder said such taxation only "derailed” economies.
The PCC chief said the government should generate resources by getting investment and industry. "The massive gap between revenue and expenditure cannot be filled by extorting money from the people through punitive taxation," he said.
