Re: [IAC#RG] Fw: "good" BLACK Money

Dear Vijaya

1) Taxes are an indirect way of raising revenue for the state as
compared to direct revenue by providing services / selling resources.
Nobody would seriously object / protest if taxes were used efficiently
to achieve their stated / advertised purposes. Instead we see taxes
being frittered away on salaries and overheads of an overstaffed
bureaucratic machine which defies all efforts to downsize it. CAPITAL
expenditure is financed by simply printing more and more money -
thereby fuelling inflation and causing prices to spiral. Valuable
State resources are sold / leased at throwaway prices to cronies.

2) How is bribing to secure a contract not harmful to the State ?
Since State contracts are awarded through methods like tender, bribing
would mean that the manipulations are done well prior to the tender -
eg the 2G scam where the criteria and process were manipulated so that
other bidders were rejected. This directly results in lesser revenue
to the State. Its not like a railway ticket - the price of which is a
constant.

This argument actually leads into new debate about India's "socialist"
systems, subsidies and whether railway tickets, public hospital beds
etc should be priced at market price like Jet Airways or Apollo
Hospitals do.

3) The DDA flat example is interesting. DDA flats are sold either by
auction or to registrants in schemes 20 to 40 years old (the victims
of which are forever in the "Q" with no option but to accept whatever
DDA finally dumps on them). Wise people only buy DDA flats in resale
in the open market because the DDA is one of the biggest cheats in the
business when it comes to quality and delivery

So once again its an argument for either.a "Socialism which delivers"
or Outright Capitalism.

IAC stands for socialism.

Sarbajit

On 3/8/13, Vijaya Singh <vijayasingh2006@yahoo.co.in> wrote:
> Black money is generated by tax evasion which hurts the state.
>
> According to your definition of corruption,bribing for jumping the queue
> to
> get a seat in the train or admission in a school or hospital, are
> acceptable.Extending it a little further, bribing to secure a contract
> or
> allotment of a DDA flat may also be acceptable as it does not hurt the
> state
> but persons ahead in the queue.
> You are not only condoning corruption but making it respectable.
> Regards,
> Vijaya Singh