When it is boom time, the rich and the poor benefit. The rich become richer by investing and expanding their business and poor benefit by getting subsidies and free housing etc from the government. The only class that contributes to these two classes i.e the Upper and the Lower classes is the Middle Class.
It is this middle class people who pay Income Tax very honestly and fill the government's coffers while the rich manage to grease the palms of the authorites and get away with paying almost quarter of what they are supposed to pay and for the poor, of course they don't fall in the income tax category as they are the so called poor people even if they own 2 - 3 houses and earn 4 figure salaries.
Even now that recession is here, it is the middle class who are suffering, the rich businessmen are cutting down on their staff strength even if there is no problem as they have amassed lots of wealth during the boom time and I am sure they can ride this 1 - 2 year recession. The rich have got ample reason to avoid taxes by saying there is recession and their business is bad but at the same time government is breathing down the neck of the middle class group to pay the taxes saying that it is needed to develop the country.
So all you middle class guys keep working hard during the recession and help the upper class and the lower class to survive this recession.
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