Indian Overseas Congress Chairman Sam Pitroda’s full interview with ANI Sam Pitroda Talks

#LokSabhaElection2024 #PMModi #CongressTalking about Prime Minister Narendra Modi’s “wealth distribution” remark, Chairman of Indian Overseas Congress, Sam Pitroda, on April 24, explained that when Congress talks about redistributing wealth, it means new policies and new programs that are in the interest of the people and not in the interest of super-rich only. "...In America, there is an inheritance tax. If one has $100 million worth of wealth and when he dies he can only transfer probably 45% to his children, 55% is grabbed by the government. That's an interesting law. It says you in your generation, made wealth and you are leaving now, you must leave your wealth for the public, not all of it, half of it, which to me sounds fair. In India, you don't have that. If somebody is worth 10 billion and he dies, his children get 10 billion, and the public gets nothing...So, these are the issues people will have to debate and discuss. I don't know the conclusion at the end of the day. Still, when we talk about redistributing wealth, we are talking about new policies and new programs that are in the people's interest and not the interest of super-rich only," said Sam Pitroda.

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