Azim Premji On Higher Taxes For The Rich

weathymatters“In principle,how can you say rich people shouldn’t pay more taxes ? You have to be fair in a country with this kind of poverty.And I think the rich people are bringing it upon them with their conspicuous consumption,which has reached a state of absurdity.” – Azim Premji

Wanton Consumption Explained

wealthymatters If you think that wearing gold shirts and nail polish that costs tens of thousands of dollars is the height of wanton consumption there is more:

A Louis Vuitton handbag costs upwards of 50,000 Rupees in India.Did you know that the beauty care entrepreneur Shahnaz Husain always buys two identical LV bags?Now,why is that so?If you imagine its because she wants to make certain she never runs out of a favourite accessory,you couldn’t be further from the truth.

Shahnaz loves to match her bags with her clothes.So one brand new LV bag is always cut into pieces to embellish her clothes .She has the pieces used as patches on the sleeves and collars of her clothes. Apparently her wardrobe is crafted at her bungalow in South Delhi.She personally designs her clothes and has them stitched by an in-house tailor.  Read more of this post

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