‘35% tax in India, no security internet…’: Viral submit kicks off debate over Nordic international locations vs India realities
Vineeth Okay has lived and labored in India lengthy sufficient to know what it means to dodge potholes on the best way to paying hefty taxes. However not too long ago, the tech entrepreneur took to social media to ask a query echoing within the minds of many Indian taxpayers: Why does paying 35% revenue tax right here really feel like a worse discount than paying related charges in Nordic international locations?
It’s a query that has reignited a simmering debate over what Indian residents get in return for his or her tax contributions — a debate swirling with frustration, comparisons to Europe’s welfare states, and stark realities about India’s dimension and challenges.
Vineeth Okay, Founding father of Dealsdhamaka and PointPerksPicks, laid out his frustrations in a submit on X (previously Twitter), contrasting the advantages loved by taxpayers in Nordic nations with the expertise in India.
“Nordic Nations have 30-40% revenue Tax.
- Free schooling
- Free healthcare
- Wonderful work hours
- Sensible infrastructure & roads
- Safety incase of job loss
I pay 35% in #India.
- Roads with potholes
- Corrupted Netas
- Excessive Taxes on medical health insurance
- No safety if the job is misplaced.
Finish of the subject,” he wrote in his submit.
His submit rapidly went viral, sparking 1000’s of reactions. Whereas some customers rallied behind his frustration, others have been fast to inject nuance into the dialogue.
“I hold listening to Nordic international locations as examples for being finest techniques. However the main elements for them are: 1) Extremely export oriented economies giving them large finances surplus. 2) Excessive revenue tax charges of fifty% for prime tier infact Sweden has simply 2 slabs 30% for beneath $60k and 50% for above that. 3) And the largest beneficial factor was low inhabitants. However with excessive immigration of low revenue inhabitants issues are altering and whether or not the identical mannequin will maintain is to be seen. So options to our issues can’t be discovered elsewhere as we’re probably the most distinctive on the planet. And the solutions should discovered and fought for inside,” wrote a consumer.
Vineeth responded: “Whereas I agree with what you mentioned, lets additionally do not forget that virtually everyone seems to be taxed in Nordic international locations. Direct tax burden doesn’t fall onto merely 3-4% of the inhabitants. Board Tax base vs. Slender Tax base.”
One other consumer weighed in with firsthand expertise: “Sure I’ve labored briefly in Nordic. And it was wonderful how secured their job is. Even when they get laid off they get 1.5 years of full wage. + free schooling + free healthcare.”
Others, nevertheless, appeared resigned to the distinction: “Now we have too many mouths to feed…we’ll by no means be like Nordic international locations. It’s what it’s.”
