Whatever be the different opinion on the budget, there is a unanimity on one point that the Budget is pro-rich and pro-corporates. The clear cut decision to reduce corporate tax from 30% to 25% within five years, reducing the tax by 1% every year, is nothing but giving huge bonanza to the corporates.
Usually the government is expected to increase the corporate tax, since they are already getting super profits and become super rich. Is it necessary to give them any tax reduction ? The reply from the majority people will be an emphatic NO.
The tax reduction for the rich is strongly protested. The government should withdraw the proposal and increase the tax of the corporate and super rich.
Honey moon is over. Now government is ready to open its true colors.