Article Type
Article
Description
A progressive state caters to the needs of those, who are unable to generate adequate incomes and forced to live in subhuman conditions. Targeted subsidies to the poor are seen as an integral part of the state policy for promoting equity within a society. To finance these subsidies, the rich pay taxes. What is ironical in Pakistan is the role reversal — as those who should be financing subsidy to the needy, are its beneficiaries. First, they evade taxes on their income and then, they also receive bulk of subsidies and concessions to which they are least entitled. The only exceptions are the Benazir Income Support Programe, Baitul Mal and Zakat, which really targets the poor.
Publication Source
The News
Publication Date
9-19-2011
Pages
1-3
Recommended Citation
Husain, Ishrat. (2011, September 19). Subsidizing the Rich. The News, . 1-3. https://ir.iba.edu.pk/faculty-research-press/516
