See the video in first comment... Now after watching here is my explanation which is the proof, that US elitemen own SoMoKe \ CoBhAp, and that Indian elitemen have have now no control over SoMoKe \ CoBhAp --- BJP Minister Jayant Sinha had proposed inheritance tax on Indian elitemen in way that would take 35% of wealth of Indian elitemen, and zero of US elitemens wealth in India !!! . In dec-2013 , Jayant Sinha s/o ex-BJP-Finance-Minister Yashwant Sinha aka Mauritius Purush , in a meeting organized by Forbes Magazine said there should be 35% inheritance tax on wealth above Rs 25 crore at the time of death. And wealth donated to charities will be exempt.. Please see the YT video at tinyurl /JayantSinha . . The meeting was attended by Rahul Bajaj, whose networth is above Rs 30000 crore and so will be either forced to pay tax of Rs 10000 crore or forced to move assets in some charity, which they will face harassments from judges, assorted income tax officers etc etc. Surely, the inheritance tax will also fall heavily on Ambanies who are worth over Rs 300,000 crore total, Adani, Godrej etc etc/ . So surely, Indian elitemen would NOT like to see Jayant Sinha become Finance Minister , or even MP, and then tax their 35% of their wealths. . So now if BJP was controlled by Ambani , Adani, etc then how did Jayant Sinha got MP ticket and also later became Minister? And after becoming Minister, the first thing Jayant Sinha did was --- promote his 35% inheritance tax proposal once again. . Lets examine Jayant Sinhas inheritance tax proposal. As per him, 35% of the wealth will go as taxes. What about wealth of companies? Companies dont die. Well, when a shareholder of company dies, his value if share will be apraised and taxed at the rate of 35%. Fine. That takes care of companies. But what about trusts? Well, Jayant Sinha hasnt given his inheritance tax draft, and so OI am taking as inheritance tax is implemented in USA , UK etc. The wealth of trusts isnt taxed in inheritance tax, trusts will NOT be taxed !!!! . So the wealthy ones, who are clever will move their assets in trusts and evade inheritance taxes. The ones who are straight forward, and dont like manipulations, will stay away from tax saving will end up losing 35% of the wealth at death. . Thats NOT the end of the story. . The inheritance tax will be zero on the wealth of foreign elitemen in India such as Rothschilde , Rockefellar etc etc. How/ Why? Because Rockefellear owns his wealth in India via trusts via US banks via companies in India !!! i.e. Rockefellar owns Rockefellar Foundation, which owns shares in US banks which owns shares in Indian companies, The link is so convoluted, that there will no inheritance tax on his wealth in India when he dies. His heir will become new trustee , and there will be zero tax, as the property belongs to some company, and that companies shares belong some bank which belong to a trust !!! . IOW, Jayant Sinha is batting for tax which will take away 35% of wealth of Indian elitemen including Ambani , Adani, Tata, Bajaj etc but will create zero burden on foreign elitemen owning huge plots, mines, telecom companies etc in India !!! . Surely, Ambani, Adani are no fools. They can see the proposal of Jayant Sinha inside out. Surely they would not like to see him become Finance Minister or even MP. But they were helpless. With wish or against wish, NaMo had to give Hazaribag Loksabha ticket to Jayant Sinha. The NaMo-wave, which was creation of paidmedia, ensured that Jayant Sinha wins. And then videsshi elitemen could also convince or force NaMo to appoint Jayant Sinha as Finance Minister, despite his proposals to implement inheritance tax. . So will western elitemen implement inheritance tax? They might or may not. But surely, they will use it as threat to Indian elitemen , as obey us, or else we will force NaMo , Arun Jetley and Jayant Sinha to implement inheritance tax and take away 35% of your wealth !!. . All in all, a man proposes inheritance tax, and Indian elitemen cant stop NaMo from appointing him as FinMin or MP candidate. This should convince anyone that Ambani Adani no longer own BJP. It is Rockefellar and Rothschilde who own BJP. . ===== . Solution I propose is wealth tax of 2% minus 1000 sqft land per family minis 2000 sqft construction per family minues half the income tax paid on salary minus income tax paid on business income minus 15% of salaries paid minus other taxes paid such as service tax, electricity tax, excise etc. . And if the wealth tax is negative, then it will become wealth tax credit i.e. next year he wont need to pay wealth tax by that amount. . . And no inheritance tax. Inheritance tax is clean on paper, but becomes messy as falls on individuals only, and doesnt fall on companies, trusts,m foreign companies etc. Whereas wealth tax taxes wealth uniformly, irrespective of whether wealth is owned by person or company or trust.
Posted on: Sat, 13 Dec 2014 15:50:09 +0000
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