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ABP-CVoter Pre-Budget Snap Poll: Should Govt Tax The Ultra Rich More? See What People Have To Say

ABP and CVoter conducted a poll, before the Union Budget 2022-23, to gauge the minds of the people across different sections of society.

New Delhi: Finance Minister Nirmala Sitharaman tabled the Economic Survey 2021-22 in Parliament on Monday. The survey shows that India’s economic growth is expected to remain in the range of 8 to 8.5 percent in 2022-23 as against a projected growth of 9.2 percent.

With bright GDP projections for the next financial year, ABP and CVoter conducted a poll, before the Union Budget 2022-23, to gauge the minds of the people across different sections of society. The poll has been conducted among 3 categories of people: lower income group, middle-income group, and higher-income group.

In the survey, ABP and CVoter posed two questions across three income group categories to understand the overall mood.

Q: Do you think the government should further tax the ultra-rich and pass on the benefit directly to middle-class taxpayers?

Among the three categories of the income group, 76.9 percent of the people from the lower-income group said yes, while the rest 23. 1 percent said no.

As per the ABP-CVoter Pre Budget Snap Poll, around 77.5 percent of people from the middle-income group in their response said yes, while 22.5 percent didn’t agree with the question. 76.4 percent of people from the higher income group have said yes, while the remaining 23.6 percent from this section said no.

So, among three categories an overwhelming 76.4 percent of respondents are in favour of taxing the ultra-rich people, while 23.6 percent have said no.

Q: Do you think more jobs will be created in India post Budget?

Among the three sections, 53.0 percent of respondents from the lower-income group think new employment will generate, while 47 percent said no.

From the middle-income group, 56.9 percent of people think jobs will be created, while 43.1 percent think otherwise. Last but not the least, 53.8 percent of respondents from the higher income section have said yes, the rest 47.2 percent said no.

Among these groups, an average of 53.8 percent of people think new jobs will come, while 46.2 percent didn’t approve.

 

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