Vantage point

Monday, February 28, 2005

BJP's Dilemma

The BJP needs to make up its mind about how to criticise the government.

Atal Bihari Vajpayee, sharing his opinion about the budget, says "salaried people have to pay more taxes".

Ehhh? That's news for me. Every TV channel and every newspaper is full of calculations showing how salaried people will have to pay less taxes. In fact, some parties have criticised the tax cuts, asking how the FM plans to raise money for his ambitious outlays if he is cutting taxes.

For instance, Yashwant Sinha says - "His tax concessions both on direct and indirect side do not justify his budget estimate for the next year."

So which one is it, BJP? Are we being over-taxed or under-taxed?