Asaduddin Owaisi hits out at Centre's move to slash corporate tax, says 'rob the poor, reward the rich'

  • Asaduddin Owaisi hit out at the Centre's move to slash corporate tax, wondering if it was the working people or industrialists who needed relief in times of 'economic crisis'.

  • 'In an economic crisis with mass unemployment, who should get relief from burdensome taxes and service fees?' Owaisi asked.

  • 'Should it be big business or YOU? Who's more in need of "relief": industrialists or working people?' he asked.

Hyderabad: AIMIM president Asaduddin Owaisi hit out at the Centre's move to slash corporate tax on Friday, wondering whether it was the working people or industrialists who were in need of relief in times of "economic crisis".

 Asaduddin Owaisi hits out at Centres move to slash corporate tax, says rob the poor, reward the rich

File image of Asaduddin Owaisi. PTI

"In an economic crisis with mass unemployment, who should get relief from burdensome taxes and service fees?" Owaisi asked.

"Should it be big business or YOU? Who's more in need of "relief": industrialists or working people?"

In the biggest reduction in 28 years, the Centre has slashed corporate tax by almost 10 percentage points as it looked to pull the economy out of a six-year-low growth and 45-year-high unemployment by reviving private investments with a Rs 1.45-lakh-crore tax break.

"Why's @nisitharaman in such a giving mood," Owaisi tweeted.

"Corporations get loans written off and their tax liability is slashed," the All India Majlis-e-Ittehad-ul-Muslimeen leader said.

"Debt-ridded farmers & unemployed young men with education loans are asked to fend for themselves. Rob the poor, reward the rich".

Updated Date: Sep 21, 2019 10:30:04 IST