Site icon The Fast Bulletin

Amidst Modi’s attack on ‘wealth distribution’, Congress leader Sam Pitroda raised the issue of ‘inheritance tax’

Amidst Modi's attack on

Amidst Modi’s attack on ‘wealth distribution’, Congress leader Sam Pitroda raised the issue of ‘inheritance tax’. Sam Pitroda said that there is inheritance tax in America. If a person has assets worth 100 million dollars. After his death, 45 percent of the property is transferred to his children while 55 percent of the property is owned by the government.


Amidst the tussle over distribution of property amid the Lok Sabha elections, Indian Overseas Congress President Sam Pitroda has given a big statement regarding Inheritance Tax, on which a controversy has now arisen. BJP has become an attacker on his statement.


Senior Congress leader Rahul Gandhi had recently said in a statement that if his government comes to power after the elections, a survey will be conducted to find out who has how much property. When Sam Pitroda was asked about his statement, he mentioned the inheritance tax imposed in America

Pitroda said that inheritance tax is levied in America, unlike in America. If a person has assets worth 100 million dollars. After his death, 45 percent of the property is transferred to his children while 55 percent of the property is owned by the government.


He said that this is a very interesting law. Under this, there is a provision that you have created a lot of wealth in your life and after your death; you should leave your wealth to the public. Not the whole property but half, which seems right to me. But there is no such law in India; I think people should discuss such issues. I don’t know what the outcome of this discussion will be. We are talking about new policies and new programs, which should be in the interest of the people and not just in the interest of the rich.

BJP spokesperson Amit Malviya said that Congress has decided to destroy the country. Now, Sam Pitroda is advocating 50 percent inheritance tax. This means that if Congress comes to power, fifty percent of the wealth that people have earned through hard work will be taken away. Apart from this, whatever tax we pay will also increase.

Exit mobile version