Big Government is taking all of us for a ride
A few years back, I started investing in a Government Savings Plan. The deal was that for 15 years, I would have to put a minimum amount into the fund annually, and after the completion of the maturity period I would get the principal amount back along with the accumulated interest. The real incentive was that my investment every year would be tax exempt.
Yesterday, I withdrew the money I had invested so far. I was penalized a small amount, but it didn’t change my decision. I had decided that I was not going to keep my money locked in with my government for a long period. The Government is not only injudicious in its spending, it is also taking me for a ride with its unfair tax policies. Let me elaborate,
1) Our President until 2 months back spent more than US$ 50 Million of taxpayer’s money and sovereign…
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