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MBAs should be taxed at higher rates in our country. (IIMB)
Management professionals, Corporates and businessmen, are earning huge amount of money so; government should tax them based on their income.
As well as MBAs have better knowledge of tax system so they are saving more money through tax rebate.
Recently USA government brought higher taxes for rich population; such laws can bring more money to government.
Taxation is a policy and policies are decided for masses at large. In order to avoid any discrepancy and bias rates are fixed on income and not on the basis of profession.
MBAs and other such professionals are paying "professional taxes". So charging them again a higher rate is not required.
Government should tax people based on their income.
Taxation should be based on income rather than profession.
Contributed by: Studyfreak
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