CA Chirag Garg

Indian, Hindu, CA, CS, M.B.A., Introvert Outside, Extrovert Inside

[Sunil Gurjar, CFTe @sunilgurjar01]

A goldmine for Microcap Investor!!

Bookmark it!!

[Ashu Madan @ashumadan4]

RICARDO STEINBRUCH: Economics by a professor - Brilliant and yet so Simple
Economics to explain TAXATION

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this...

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7..
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that's what they decided to do.

The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball. "Since you are all such good customers," he said, "I'm going to reduce the cost of your daily beer by $20.". Drinks for the ten men would now cost just $80.

The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free. But what about the other six men? The paying customers? How could they divide the $20 windfall so that everyone would get his fair share?

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man's bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay.

And so the fifth man, like the first four, now paid nothing (100% saving).
The sixth now paid $2 instead of $3 (33% saving).
The seventh now paid $5 instead of $7 (28% saving).
The eighth now paid $9 instead of $12 (25% saving).
The ninth now paid $14 instead of $18 (22% saving).
The tenth now paid $49 instead of $59 (16% saving).

Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings.

"I only got a dollar out of the $20 saving," declared the sixth man. He pointed to the tenth man,"but he got $10!"

"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar too. It's unfair that he got ten times more benefit than me!"

"That's true!" shouted the seventh man. "Why should he get $10 back, when I got only $2? The wealthy get all the breaks!"

"Wait a minute," yelled the first four men in unison, "we didn't get anything at all. This new tax system exploits the poor!" The nine men surrounded the tenth and beat him up.

The next night the tenth man didn't show up for drinks, so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and government ministers, is how our tax system works. The people who already pay the highest taxes will naturally get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas, where the atmosphere is
somewhat friendlier.

David R. Kamerschen, Ph.D.
Professor of Economics.

[Deepinder Goyal @deepigoyal]

I’m not sharing this as the CEO of Eternal, but as a fellow human, curious enough to follow a strange thread. A thread I can’t keep with myself any longer.

It’s open-source, backed by science, and shared with you as part of our common quest for scientific progress on human longevity.

Newton gave us a word for it. Einstein said it bends spacetime. I am saying gravity shortens lifespan. 

Read on, and tell me what you think.

[CA Chirag Garg @chotugarg]

@AmazonHelp #AmazonAgainstHindus

[CA Chirag Garg @chotugarg]

@AmazonHelp Pathetic customer service, talked with your agent on above link... She is saying to wait for 3-5 business days... Service is already 2 days late... Why are you guys mocking Hindu festivals in the name of Great India Festival and not fulfilling commitments

[CA Chirag Garg @chotugarg]

@AmazonHelp Already connected with your team 2 days back, no satisfactory response, executive was not able to resolve the problem and I am tired of your poor services.

[CA Chirag Garg @chotugarg]

@AmazonHelp Service rescheduled, tried multiple times, the technician is not responding to the call... Will you guys stop fooling your customers. @jagograhakjago, kindly look into this matter.

[Narendra Modi @narendramodi]

#OperationSindoor on the games field.

Outcome is the same - India wins!

Congrats to our cricketers.

[खुरपेंच Satire @Khurpench_]

देश में हर महीने औसतन 15 से 20 बैंक कर्मचारी आत्महत्या कर रहे हैं ,
हर दिन हजारों कर्मचारी 12-14 घंटे की ड्यूटी बजाते हैं ,
और सालाना लाखों बैंक कर्मी डिप्रेशन और मानसिक बीमारियों के इलाज में जा रहे हैं।

लेकिन सोशल मीडिया पर
100 में से 97 जोक्स बैंक वालों की सुस्ती, चाय , और लंच ब्रेक पर ही बने मिलते हैं।
और अब जब वही कर्मचारी टारगेट, ट्रांसफर और तनाव में पिसकर
ज़िंदगी से हार रहे हैं,
तो पूरा समाज जैसे फेवी क्विक चाट कर बैठ गया है >> चुपचाप , संवेदनहीन।

वाह रे भारत , चुटकुलों के लिए इंसान चाहिए, इंसानियत के लिए कोई नहीं।

[CA Chirag Garg @chotugarg]

@kaankit @DevManuush @ryan007g

[RAVI KUMAR SAHU @RAVIKUMARSAHU78]

Remote jobs for introverts (no talking required)!!!

Work in the evening from home after your 9-5 job, and get paid in USD.

OPEN THIS ↓

[CA Chirag Garg @chotugarg]

@IGLSocial @HardeepSPuri No action taken, poor management of IGL. Kya yehi hai acche din @narendramodi

[CA Chirag Garg @chotugarg]

@HardeepSPuri Sir, pls look into it... Requesting immediate action.

[Rishi Bagree @rishibagree]

Absolutely an eye opener !

[Heritage Girl @HeritageGirl7]

Aerial view of Mata Vaishnodevi 🔥

[Mona Patel 🇮🇳🐅🌳 @MonaPatelT]

बजरंग दल थोड़ा ज़्यादा Extreme है !!! 👇

Listen to this thought provoking clip !!

"Stop disrespecting organisations that protect you in the street"

[xyz @xyznwc]

अधिकतर घरों में बच्चे यह दो प्रश्न अवश्य पूछते हैं जब दीपावली भगवान राम के 14 वर्ष के वनवास से अयोध्या लौटने की खुशी में मनाई जाती है तो दीपावली पर लक्ष्मी पूजन क्यों होता है? राम और सीता की पूजा क्यों नही?

[World of Statistics @stats_feed]

Rating of the best TV series of all time:

1. Breaking Bad ('08)
2. Game of Thrones ('11)
3. Chernobyl ('19)
4. The Sopranos ('99)
5. Band of Brothers ('01)
6. The Wire ('02)
7. Better Call Saul ('15)
8. Stranger Things ('16)
9. Sherlock ('10)
10. Peaky Blinders ('13)
11. The Twilight Zone ('59)
12. Fleabag ('16)
13. Fargo ('14)
14. House ('04)
15. Friends ('94)
16. Dark ('17)
17. The Office ('05)
18. Succession ('18)
19. Battlestar Galactica ('04)
20. Freaks and Geeks ('99)
21. Mad Men ('07)
22. Narcos ('15)
23. Mindhunter ('17)
24. Mr. Robot ('15)
25. Black Mirror ('11)
26. Heartstopper ('22)
27. Severance ('22)
28. It's Always Sunny in Philadelphia ('05)
29. Seinfeld ('89)
30. Peep Show ('03)
31. The Last of Us ('23)
32. When They See Us ('19)
33. The Mandalorian ('19)
34. Lost ('04)
35. Line of Duty ('12)
36. Deadwood ('04)
37. The Boys ('19)
38. Mare of Easttown ('21)
39. Hannibal ('13)
40. The Bear ('22)

Note: The top is based on combined ratings of IMDb, Rotten Tomatoes (Users), Rotten, Tomatoes (Critics), Metacritic (Users), Metacritic (Critics), TV com, Critics' Rating, Audience Rating

[Craig Brockie @CraigBrockie]

Meet Big Pharma’s greatest threat:

Barbara O’Neill.

This 71-year-old woman’s banned healing methods have saved millions of lives.

I've collected her top 8 lessons for peak health and lasting longevity: 🧵

[Md Riyazuddin @riyazmd774]

Not sure what to watch? 🎬

Here are 20 MUST-SEE movies on NETFLIX in 2024.

[🔖 Save this list]...