Pitroda’s comments add a new chapter to the ongoing wealth distribution debate. The Prime Minister has earlier asserted that the Congress aims to redistribute public wealth among Muslims, while the BJP has questioned the promise of a “nation-wide socio-economic and caste census” in the Congress manifesto. The opposition party has said its election manifesto does not mention any wealth redistribution survey, but the BJP has pointed to a video of Congress leader Rahul Gandhi’s speech on April 6, when he made a similar statement at the manifesto launch event.
SAM PITRODA’S CONTROVERSIAL STATEMENT
Pitroda, Chairman of the Indian Overseas Congress, talked in detail about an inheritance tax, according to a video shared by news agency ANI.
“If one has $100 million worth of wealth and when he dies, he can only transfer probably 45% to his children; 55% is grabbed by the government. That’s an interesting law. It says you, in your generation, made wealth and you are leaving now, you must leave your wealth for the public — not all of it, half of it — which to me sounds fair.
