Lately, Obama said that imposed a Million Dollar Tax on "Riches Group" to help the Country Deficit reduce about 3 trillion dollar in 10 years time. I believed that is some exchange condition hidden behind. On the other hand, if I would have such chance to imposed new tax scheme. I intend set some conditions on that:-
a) Who are hold more than 5% shares in one company, there is a levy tax on price difference.
b) If individual hold shares more than his earning 3 times, that should have pay extra tax.
c) Every purchase in the year should not more than his income 3 times. More than that should have tax accordingly.
d) If some one stop work more than 1 year, the subsidy subject to tax.
e) Retirement funds exempted tax by way of subject to life working years up to 45 years old. If some one receive subsidy from government more than 3 years during his working years. All subject to tax.
f) After the CEO or directors resigned and the company business fails or profit reduce more than 10% in the next 18 months. The retirement funds receive by them subject to 50% tax.
The above is my little wild opinions to minimise the gap between the poor and rich people. Is it hurt you??
a) Who are hold more than 5% shares in one company, there is a levy tax on price difference.
b) If individual hold shares more than his earning 3 times, that should have pay extra tax.
c) Every purchase in the year should not more than his income 3 times. More than that should have tax accordingly.
d) If some one stop work more than 1 year, the subsidy subject to tax.
e) Retirement funds exempted tax by way of subject to life working years up to 45 years old. If some one receive subsidy from government more than 3 years during his working years. All subject to tax.
f) After the CEO or directors resigned and the company business fails or profit reduce more than 10% in the next 18 months. The retirement funds receive by them subject to 50% tax.
The above is my little wild opinions to minimise the gap between the poor and rich people. Is it hurt you??
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