I was looking at various stories on all the expenses a TD can claim tax free and by doing a quick check it is apparent that a TD can save ALL OF HIS/HER SALARY while in office so 5 years equals five years of bliss. And then we wonder why they stick together.
I do not know how much they can also offset against tax and hence save even more.
And there is no way of stopping this. So a pay reduction is in fact a reduction in savings and will not matter a jot.
I wonder how long more can it last?
Did I hear the word AUSTERITY??? Ah that's for suckers.
I do not know how much they can also offset against tax and hence save even more.
And there is no way of stopping this. So a pay reduction is in fact a reduction in savings and will not matter a jot.
I wonder how long more can it last?
Did I hear the word AUSTERITY??? Ah that's for suckers.