Sam Pitroda's 'Inheritance Tax' Remarks Leads To A Clash Between Congress And BJP
In response, Congress has said that Sam Pitroda can share his opinion about a topic he is passionate about, but his views are not shared by the Indian National Congress.
Sam Pitroda, the chairman of the Indian Overseas Congress, is grabbing headlines for the remarks he made about the "Inheritance Tax." In an interview, Sam Pitroda said," In America, there is an inheritance tax. If one has 100 million USD worth of wealth and, when he dies, can only transfer probably 45 percent to his children, 55 percent 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."
Sam Pitroda has defended himself by saying that his remarks have been twisted to cover up the lies that are being spread by PM Modi about the Congress Manifesto.
It is unfortunate that what I said as an individual on inheritance tax in the US is twisted by Godi media to divert attention from what lies PM is spreading about Congress manifesto. PM’s comments Mangal Sutra & gold snatching is simply unreal.
