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A comment on India: Funding Startups Could be Classified as Income. Parent comment

Re:India: Funding Startups Could be Classified as Income by meric on Sunday March 18, 2012 @09:38PM (#3721807)
How does that help them at all? You'd think those "mums" would be have been potential investor for her son who studied in the US and returned to start a company?! (or another child starting up a corner store.)

Now the government is planning to tax the money she invests in him!

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Re:India: Funding Startups Could be Classified as Income by mjwalshe on Monday March 19, 2012 @05:31AM (#3723111)
It's a reference to the way in the UK "hardworking families" as complaining about losing some tax benefit when they have 3x4 times the median income.

Of course this is paid for by taxing single people (and potentialy pensioners with large houses) and screwing sevely disabled peopels benefits - Including forcing Termanaly ill cancer patients to work for free for large supermatkets.

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