Random walk and thoughts around cars parked on the sidewalks and roads where there are no usable sidewalk

 As I walk past and around cars parked on the sidewalk and the road in front of houses, I find it ironic that the very people who feel entitled to use the public space for their private comfort are horrified at the thought of homeless people using the same type of space for their shelter.

My thoughts of irony are disturbed by a car which wants me to move aside so that it can drive on the road.

Living Wage, Inflation and Guaranteed Minimum Income

Suppose we want less traffic on the roads:

We could reduce the need for private cars if the taxi drivers were paid a guaranteed basic income so people use taxis instead.

The concept can easily  be expanded to shared taxis, mini-buses and any other type of public transport.

It is easier to sell the idea if it is not treated as a subsidy but as a saving on needless infrastructure of roads - which also frees a lot space which could be better used for various public purposes.

We also want a comfortable society.

I am not comfortable when I see people struggling to survive. I cope with it by avoidance. There is nothing I can do as an individual that will help.  Donating or giving to charity makes me feel even worse.

I would love to see a living wage implemented even in India. 

We want to see a brighter future. We need peace and a low inflation.

If the wages of the workers in supermarkets, coffee shops, Udipi's,  child care centers, house hold workers, etc. are to be living wages, then the prices will increase.

Suppose instead each of these persons gets a minimum income. How much do they need to be paid? 

Depending on the nature of the work, we may actually be able to lower the prices. I can imagine a person having to clean toilets having to be paid even more than now while a child care worker may well even volunteer for just the pleasure of being surrounded by little children - esp grandparents whose children live far away :)

I wonder what has happened to minimum income programs for the common good -

"Barack Obama, in a reflective speech in South Africa, mused that basic income would figure prominently in the years ahead, and prominent corporate folk endorsed it again, including Mark Zuckerberg and Elon Musk."

This was in 2019. I hope the support of Elon Musk still holds. At least it did in 2021 as well.

 

 

 

Walking around Chandigarh - still not too smart

Returning to Chandigarh after almost a year, Rose Garden is a bit of a shock. There is huge section dug up for the underpass. I assume it is meant for cars as I find it hard to comprend that this large a space could be needed for pedestrians alone. A few days later I come across this article on the same underpass calling it a waste of money.

The markets have barricades along the sidewalks. They may have been intended as a way to save pedestrian spaces but I find them a nuisance and ugly. Barricades may be useful for crowd control but hardly the tool to prevent encroachment of the sidewalks. Are we as a people so insensitive or not able to learn that we have to install such ugly and inconvenient options?

Pedestrian crossings, especially in 17 sector, are blocked by metal railings on one side or both sides. Either jump over the railing, which is becoming harder and riskier as I age, or walk along the road from an opening and cross and again walk along the road till an entry can be located.

Did anyone design or authorize this? Will that person ever accept credit for this weird solution?

At least it made me blog after a long time!

Courteous Driving Resolution - will the effort last even till the new year?

Traffic rules in India seem to be against our social norms. My grandsons make me acutely aware of the cultural difference between the west and our environment. They do not let me even start the car till every person has tied his/her seat belt!

A couple of days ago, the 3 year old was complaining after I used the horn a couple of times - "Mommy never uses the horn". I explained to him that the people were driving in the wrong direction on a one way street and I was upset by them. Yesterday also I used the horn on the same road, which is narrow and very steep.

Today, he and his 5 year old brother were playing and I heard them blow horns and say, "What are you doing? You are on the wrong side!".

I decided that I must start practicing courteous driving, whenever it is "safe" :)

I let people merge or turn at least half a dozen times today. The only minor fear occurred when I let some pedestrians cross. Just as I started, a man ran in front of me. Fortunately, I could stop in time but it gave me a scare.

The courteous driving did not delay me at all as the brief delay hardly mattered given the flow of the traffic.

I, though, still have to retain my composure when a two lane road merging into a single lane for a bridge turns into a 3 lane road. I become a bit aggressive and try to prevent the 3rd lane from merging.

It seems obvious that the optimum solution is that alternate vehicles from the two lanes move into the single lane. Yet we don't do it. Each person from the, now three lanes, tries to squeeze in. Why - even I find myself doing it for fear that I will be stuck and people behind me will blow the horn :(

Need to practice meditation at least on such occasions :(

Am I Stingy?

A recent incident made me feel guilty and question my avoiding taking gifts when visiting people. My rationale has always been that the people have so many possessions already that our token gift is  not going to be of any value. Gifting cash seems vulgar, except for social obligations like weddings and birthdays.

A second point has been that I never remember the gifts except the ones we did not want and did not know what to do with them. However, I valued each visit of relations and friends for making the effort and time to meet us. I remember the cousins who visited us in Goa. I, especially, valued their visits to my parents in Chandigarh in their last days. (There is a lingering hurt of people who promised to visit but didn't. Showing up for the funeral was of 0 value to me.)

I suspect that possibly because  of the birthday party in my childhood when no invitee showed up, I have valued showing up so highly.

I have welcomed a cake or a bar of chocolate and am happy to share them when visiting. Anything else seems like a probable waste of money. Does that make me stingy?

There is one gift I will never forget - Information :)

Over 40 years ago, a friend suggested that I may enjoy The Outsider by Camus.  And later, he suggested Crime and Punishment. This has been a gift of unbelievable value. It has led to everlasting pleasure I have got from the European literature. Were it not for his suggestions, I may never have explored it.

Bad memories of why I left research

This article, China Has Now Eclipsed The US in AI Research, would not have triggered bad memories had I not come across this article, Meddling with education needs to stop if India wants to compete in technology-driven world, just a few days back.

I recall the first interview I attended. There were over 50 candidates to be interviewed in one day for 2 positions! Most of the time of my interview(just over 5 minutes) was taken up by the Vice Chancellor worrying whether I met the minimum requirements - a second class Master's degree. I had a BA (Summa cum laude) and a PhD from well known university but I did not have a Master's degree! The fact that the Vice Chancellor was wasting this time in an interview just destroyed my mental equilibrium.

I was pleasantly surprised when I got hired at a small research institute after a fairly serious interview lasting about an hour. This was just my second interview. I had not expected the job because I had been advised by 'well connected' people that the jobs are fixed in advance! Anyway, my happiness lasted till a change in director.

As I was walking past his office, the new director called me in and there were two visitors in his office. I was supposed to be the faculty in charge of technical equipment. Out of the blue, he said that he felt that one of the senior faculty members was making excessive use of the photocopying machine and I should monitor it!

This was the final trigger and I was lucky to have switched to software industry otherwise I would have migrated back to the US.

On second thought, lucky?

RTO Agents - Not Touts but Service Providers

I paid still another visit to the RTO office. I expected it to be the last but it wasn't. If I look back, I have not faced any deliberate delay. In fact, most of the time, the people involved have been helpful.

There has not been a single occasion when I felt that any attempt was being made to delay the work and re-enforce the impression we have. It is just that the process is needlessly complex and pointless.

For example, the proof of residence was not one of the accepted ones. So, I needed to give an affidavit on a stamp paper that I stay where I say I stay.

Are our rules so bad that if give wrong information to the RTO, it does not have any legal implications. For me to be penalised, I have to re-iterate the wrong information on an affidavit?

I had expected in 2005 that Manmohan Singh make day to day life easier. I don't think I will ever understand why he did not or could not.

The Union cabinet, chaired by PM Manmohan Singh, decided to constitute a group of ministers to finalise the terms of reference of the body that will be set up to prepare a blueprint for revamping the public administration system acr-oss the country.

I am retired and stay not far from the Chandigarh and Goa RTO offices. However, I am convinced that it would have been economical even for me to go through a tout, rather, a very valuable Service provider!

The Stress of Walking - Whats Wrong with Me?

I am walking in Mumbai. I know it as I am reminded by honking every few seconds. The upside is that there is no way that I could get lost in thought and be hit by a vehicle while crossing a road.

There must be quiet areas. We went to Powaii recently. Crossing the road to go to the lake side was an achievement. We didn't walk for long. I suppose it was to be expected. The walkway was nice  but the waters near the shore were filthy. We walked a little further and could no longer ignore a very noticeable odour. The odour was far from pleasant :(

I am walking in NCL Colony in Pune. The nearest post office is in NCL colony. It is wooded and a beautiful campus. Yet, I find that my mind is not relaxed. Whats wrong with me? I become aware of the hum of the traffic on the main road just across the boundary. It may not be visible to the eyes but there is no way that you can ignore the vehicles :(

My flat in Goa used to very quiet even though it is close to an industrial estate. It was quiet except for a year when an industry across our flat had put up a generator, which seemed to be designed to vibrate. I wish I could claim credit but fortunately the factory disappeared and so did the generator :)

However, I can no longer have hope a quiet miracle. The small road in front seems to be going somewhere now. There is a continuous flow of traffic on it. I suppose we will get the pleasure of watching traffic jams as well. Will I opt to forego cross-ventilation and succumb to an air conditioner? Oh, going for a walk - the best option is to take a car ride somewhere :( Reminds me of The Discreet Charm of the Bourgeoisie.

It has become easy for me to empathise with the victims of wind power. I would any day opt for the risk of being blown to bits by the explosion of a nuclear power plant.

Is age making me senile or has our environment deteriorated to such an extent that at least my mind can't ignore the noise anymore?

Update: Took the risk of going to the beach today. The traffic was not too bad and no high beams on the way back :) Walked on the beach. If only the movement of cars could produce the rhythm of the waves!

The soothing sounds of the waves are a great therapy.

Andher Nagari Chaupat Raja - just doesn't end

I returned after about 8 months and decided to check why the money from my mother's account was still not in my account.

As expected, the person handling the closure of accounts was now different. She said that there were no pending papers with her!

She checked the account and found that it was still active. She informed me that there is a 'lien' against the account and it cannot be closed. I was directed to the pension staff.

The person in-charge had no clue of why. He was waiting for a colleague to explain why the lien had been put. I waited and finally left. The first officer I had seen promised to find out about the lien and the missing papers and get back to me.

A week later, obviously, no feedback.

I go again and am redirected to the pension officer. This time his assistant is there and helps him navigate the computer system! The officer himself had put in the lien. It appeared that after my mother expired, the excess  pension deposited in her account had to be re-claimed. He put in the 'lien' as well as withdrew the amount but did not remove the lien.

Today, that problem solved, there remains the problem of missing papers. I have been given the form again with having to go through the same process again.

It is incredible the bank asking for documents of third parties aside from mine to 'prove' who I am when they have gone through all that process when opening my account. The officer's explanation - the other papers are bound and filed. So, I have to submit one more set (for them file and store).

However, I find it very embarrassing to ask for copies of documents from my neighbours which in principle could be used for identity theft. It is pointless trying to explain that to the bank. All I can do is to close the account once the money is transferred and never visit that bank again.

Harassed life - the problems of paying by cheque

My car insurance may be cancelled because the cheque was returned for 'Signatures not matching'. I have spent the last hour trying to overcome and prevent any complication.

I regret my mistake of having signed the cheque. My hand involuntarily shakes at times and the banks have a problem with tallying my signatures. Normally, I ask my wife to sign if I cannot pay by card or online.

I have had problems with my telephone bill some years ago - bsnl would not accept a cheque payment from me after that! Mobile phone company charged me a absurd penalty for cheque bouncing. In each of these cases, I had a hard time finding a problem in my signature. For all I know, the clerk may have been looking at the wrong record.

Does it have to be so? Is there any risk in payment of bills? What could possibly go wrong, which cannot be corrected?

Should we not assume that a cheque is valid unless it has been reported as stolen or there are some serious problems with it?

I think our society has complicated our rules and, hence, our lives just because the correction process is a problem. For example,

.Justice T S Thakur ... blamed “lack of governance” and “officials’ inability to take decisions” as prime reasons behind the deluge of cases choking the justice delivery system

... the top court of the country was compelled to spend a lot of time on cases involving bounced cheques ...

In the early days at the branch level, sometimes a helpful staff member would call and check before rejecting a cheque. However, now the clearing is happening in the back office in Mumbai and the branch staff is helpless.

I am hoping that soon either mobile payments will make cheques obsolete or robots will make the verifying clerks obsolete. The robots can easily send an sms or call us to confirm whether the cheque is valid and bring back a degree of personalization in an increasingly impersonal world.

Who is really harassing the pensioners?

It is really painful when I come across news like this:

Don't Harass Pensioners: Government Tells Bank

Even a moment's reflection makes it obvious that the only person who CAN be held accountable in this whole process is the bank officer who signs off. If the bank official is fearful and excessively cautious, it is hard to blame him/her.

We as a society are so absorbed by the process of submitting forms that we never think of them as being redundant, pointless, wasteful, etc. etc.

Obviously, far fewer pensioner die each year than not. So, efficiency would suggest that the government get certificates from the people who are dead. Unfortunately, the bureaucracy has not found a way to do that. So, the rest of us have to prove that we are alive.

Even searching for a pensioner's record on a supercomputer and entering a 'y' in one field takes time. However, in our process, it is far worse as the bank has to collect the papers. Very likely the bank catalogs them to make sure that they have proof of having sent them. Recipient clerk will need to make an entry for having received them and forwarded them to the correct department, which in turn, ... (I have to find out where did my life certificate disappear or just give another and hope that it doesn't get lost again.)

Trust the pensioners and their families instead. I can't imagine any person(other than brain-dead) waking up enthusiastically every morning to work on life certificates! Focus the effort and energies of the bank officials and government staff freed from this dumb work to detect frauds. As this example illustrates, such frauds can only exist only because the staff is too busy doing dumb work to notice. If it is corruption and collusion, how on earth do life certificates help?

Driving on a Camel's back - certainly not a solution to any problem

Almost ten years ago, crossing the road at at a college was very hard. It was a highway and traffic moved fast. The solution was obviously to slow down the traffic and what better way than a pair of speed breakers.

The net result - the traffic became slower but was it easier to cross the road. Of course not! As speeds went for 50KM/hr to 10KM/hr, the gap between the cars became one fifth. Now, there was a stream of cars - none of which were willing to stop voluntarily and let the students pass. If you took the risk of crossing partway, there was still the problem of negotiating the remaining half of the road.

It should be obvious that speed breakers are useful for low traffic scenarios and not a high traffic one. However, these are the solutions applied when the traffic flow becomes high.

I recently drove to Calangute from Mapusa and it was like driving on a Camel's back. The number and frequency of speed breakers is remarkable. I found myself to be far less inclined to show any courtesy when negotiating a speed breaker.

An experiment worth doing: I find that I cross a reasonable distance from a speed breaker. Never close to the speed breaker. Is it me only or is that a common practice?

By contrast, we stop at a stop sign in the US even if there is no traffic. We cross the road without worrying about whether the oncoming car will stop.

 I don't believe that we when in India are a worse people. We have created systems and processes which brings out the worst in us :(

The speed breakers do not encourage a socially desirable behaviour. They increase the irritation and frustration of a driver - especially as each one is designed to be as uncomfortable as possible to ensure that the drivers have no choice but to slow down.

Why not put an effort in to make sure that drivers stop at a stop sign or a pedestrian crossing. Even more so, make sure that the person behind does not honk or overtake from every which way if a person has stopped to show even minimal courtesy to pedestrians.

And once traffic is high, invest in traffic signals and teach people to stop even if the signal is not for vehicular traffic but for pedestrians.

Smart Cities? Start with Smart Laws instead

Will Chandigarh be the first smart city or these three with US contributing something or other? Does it even matter to most people?

I wish the government would work on simple, smart laws first. By smart I mean, that it should be easy for a person to comply with the law. It can't be that hard :(

A simple example -  shifting a car from Chandigarh to Goa. (As one person in RTO of Goa wanted to confirm that I knew I will have to pay road tax again. I am ignoring double taxation in this case.)

If the car has to be in a different state, the registration needs to be changed. That is the law. The process:

• Get an NOC from Chandigarh 
• Nice that they have convenient booklets containing all the forms including multiple copies which need to be filled and pages with labels for pasting  documents which need to be supplied.
• Proof of residence is not a problem for me any more as over the last few years all my documents have the Chandigarh address.
• But I can't forget the pain of opening the first bank account in Chandigarh after moving there.
• Nor can I forget the problem registering the car I had bought and no acceptable proof of residence. Fortunately I got the voter id just then and survived.
• Need to get a report from NCRB that car is not stolen. The data is online and can be accessed but I need to get the certificate from central police station.
• Chandigarh is a compact town and I live in the heart of it. So, making 3 trips to get it was not a major hurdle especially if I can time my trips to avoid extreme traffic.
• Go the police station - requests taken in the morning only
• Submit request next day morning
• Pickup the signed printout in the evening.
• Comparatively painless process 
• Get a token - a long queue
• Wait turn to submit
• Pickup NOC's next day  

Now enjoy the leisurely drive from Chandigarh to Goa.

• Make a request for transferring the car in Goa
• Visit the RTO office
• Confusion about which forms I need to fill
• Buy more forms than needed, for example form to re-register car, form to change address, form for transferring car to another person, ...
• Fill the forms which seem appropriate
• Show and have to remove the re-registration form
• Need to add Form 28. 
• A copy of which had been returned along with NOC
• Why this form as it is an application for a NOC which contains the same information on the NOC? Why bother to understand?
• Proof of residence is a problem
• Own the place where I stay so sale deed will do
• Need to get it notarised
• Get the certificate that the car is not stolen once more.
• This time from Panaji 
• I am not in Panaji and a long drive or, more likely, two drives. Update - took 3 trips. I never expected them to want the Form 28 copy and not the NOC copy :) I had not taken the former with me :(
• What next? I don't know yet.
• Update: After submitting the file, I have to wait for 6 weeks for them to verify with the issuing authority that the NOC is genuine!

I wish what we get from the US is Reagan's signature quote: Trust but verify whereas all our interaction with the government is 'Don't trust and don't verify'. Those who need to circumvent the laws don't really have a problem. The rest of us run around in circles.

Moral hazard of going to a Goan Wedding

It was in 1964 at the wise age of 14 influenced by the flower generation, I became a vegetarian and have remained so for half a century. I had found solace in G B Shaw's statement

  “I do not want to make my stomach a graveyard of dead animals.”    George Bernard Shaw

Yesterday, I became aware of having eaten a tiny chicken sandwich soon after eating it. I drowned my sorrow with another glass of beer.

I can't help but wonder would it have been so hard for the wedding organizers to have an option of a vegetarian snacks plate? Or am I being unduly difficult?

Anyway, I was mentally prepared to leave before dinner knowing that the buffet won't open till well after my bedtime and I did :)

However, this is the wedding I am not likely to forget because I ate a chicken sandwich!

The start of disillusionment with Delhi Metro

I just returned from Delhi. In my last trip, I was amazed at the ease with which I could visit my relations using the Delhi Metro and at my age. It was particularly impressive to see young people get up without being prompted and offer me a seat - seeing my grey hair - for the seats reserved for old folks. Only once did I need ask(I was tired and the journey was long) but the guy pretended not to listen. Sadly, the person sitting next to him gave me the seat and it did not seem appropriate for me to insist that the impolite guy get up.

I did notice crowding at times. However, on this trip, at 12NOON on a Sunday, I found the train packed like the Mumbai local. I just could not have gotten down at, say, Rajiv Gandhi station. A youngster just ignored the senior citizen standing close to him. It is very difficult to be polite if there is no standing room :(

The congestion seemed significantly worse just after a few months.

Given the goodwill of all Delhi citizens for the Metro, I can't think even a single person would object to an additional charge on petrol and diesel to compensate the Metro for making the citizens' journey more comfortable.

I was surprised that the train frequency is not being increased. On many routes not all trains are 8 coaches. Why not make them even longer? Why do we need to have people packed like sardines? Is maximising the money from public transport so important a consideration?

My disillusionment grew by this news today about a scandal in the order for Metro trains.

At an internal meeting, Naidu was of the view that the contract be cancelled immediately, but sources said that Secretary Shankar Aggarwal explained to him that cancelling the tender would delay the project by at least two years, which would reflect poorly on the government.

These are coaches for the 3rd phase! If an improvement in frequency is desired for existing phases, we should expect a minimum gap of two years after a decision is taken.

Meanwhile, I ended my journey by taking an auto to go to the station. It was 4PM, office traffic would have started and I just could not take the risk.

I have never liked Delhi. Our old area reminds me of a prison with gates and fences on public roads.

I am even less inclined to visit it even as a tourist in the future. I will let the money in my smart card lapse.

 I will probably not praise and brag about the advantages of Delhi Metro to any one any more - and I feel extremely sad about that. 

Hoping for a humanist democracy

I like Python and, thus, liked this a lot:

Python would be Humanism: It's simple, unrestrictive, and all you need to follow it is common sense. Many of the followers claim to feel relieved from all the burden imposed by other languages, and that they have rediscovered the joy of programming. There are some who say that it is a form of pseudo-code.

I don't even want to link to newspaper news which reminded me of the above. I wish we could alter the election rules so that sectarian politics was self defeating  even in a 'homogeneous' society.  First past the post has not led to anything near a two party system in India as it should have.

From Wikipedia:

Because voters have to predict in advance who the top two candidates will be, results can be significantly distorted:

• Substantial power is given to the media. Some voters will tend to believe the media's assertions as to who the leading contenders are likely to be in the election. Even voters who distrust the media will know that other voters do believe the media, and therefore that those candidates who receive the most media attention will probably be the most popular and thus most likely to be the top two.

What happened to the high tech after the era of Mahabharat?

I have been an admirer of Pran and was saddened by the news that the creator of Chacha Choudhary and Saabu is no more. Watching my children enjoy reading Chacha Choudhary books will remain a very pleasant memory.

With the admiration of Saabu in the background, I was inspired by the German Political party, Die Partei, to come in support of what all Indians would like to believe is true and that makes it the truth. I think teaching history of the Mahabharat era should not be just the preserve of Gujarat.

We do need to study the intervening period. Something happened because by the time the invaders came to rob us of our wealth, the technological power which was prevalent in the times of Mahabharat was not in sight. There is no way the horses of Alexander could have withstood the vimaan power of Mahabharat.

My conviction is that just as in the 20th century, Superman came to protect the American way of life and Doctor Who protects the British values, we had our own aliens.  It is a self-evident truth that in the time of Mahabharat, all aliens would have come to protect Bhartiyata.

Unfortunately, unlike the Time Lord, our aliens were mortal like Superman. When the last of the aliens died after the time of Mahabharat, India discovered zero.

About time first premium of lapsed insurance policies is surrendered to the insurance regulator

The following statistic in Hiking FDI limit in insurance is remarkably illustrative of  morality of companies:

It is quite disquieting that some major companies have a very high rate of policy lapses like Birla Sun Life 51 per cent, Future Generali 49 per cent, ICICI Prudential 42, Reliance 38 and Bharathi Axa 36 per cent.

It explains that my effort to help a retired person scammed by insurance agents was hopeless.

I can't imagine profitability being any higher than on policies which lapse after a single premium.

Given the above statistics, it would be great if, at the very least, the premium of policies which lapse after the payment of just one premium is confiscated by the insurance regulator.

Furthermore, cancellation of policies should hurt the bottom line. Hence, the insurance companies should not be allowed to deduct any cancellation or service charges when refunding the policies which have been cancelled during the "free look" period.

Still no access to mother's pension - bureaucracy and rules supreme

There must be a reason for results like "The more people are exposed to socialism, the worse they behave".

I was thinking of my own experiences, including not being successful in getting access to the full pension of my disabled mother.  I can easily imagine persisting and finding a "solution"(more like a work-around) to this problem if I had monetary problems.

The complaint to RBI resulted in a response -  contact the bank or  its head office. The complaint to the bank resulted in a response with the mail being forwarded to another department. And nothing after that.

The complaint to the Central Pension Accounts Office resulted in a reply  asking for some details and silence after that.

I am certain that had I persisted, the operational staff at the bank, in addition to being sympathetic, would have offered a way out. I am also certain that the way out would have required lying at the very least.

Why do societies which have welfare of the people as the primary goal create rules which assume that the person seeking help cannot be trusted :(

Irony of paying less tax for making money from money by doing nothing

As I get older, I would have expected to become more conservative. Instead, I am more likely to be upset by Arun Jaitley promises more income tax relief if economy improves and discussions on tv where it is taken for granted that India has a high rate of taxation, which needs to be brought down. Rare left wing economists talking about the low tax to gdp ratio are brushed aside.

I find it ironic that I pay less tax now thanks to a major part of my earnings coming from divindends in mutual funds than I did when I worked 9 to 5. What is  so special about earning money from money?

In fact, the government takes a 20+% on dividends of non-equity funds, which benefits the richer people far more than people like me.

I suppose, the motivation is supposed to be an incentive for people to invest, but what will I or any person with surplus money do? Can't be kept under a mattress. People like me may put it in the bank instead but the motivation for investing in equity funds is hardly the low tax rate. It is the gambling instinct of riding a bull run :)

No one starts a factory in the hope of paying low tax on profits! Yes, the richer people can move the money to other countries. I would say let them. How much can Cayman Islands and other tax havens consume?

Since I was not going to get a government pension, it was obvious that I needed to save and not spend. However, if the government taxed me more but had a negative income tax for my old age, would it have mattered?

We need to worry about what will happen as we can't stop the following from happening - "Hi, I’m a tablet. I’ll be your waiter tonight".

As a consumer(in US), I do not want to pay the waiter 15% or more tip. I do not want to feel guilty about not paying the tip because the person is probably being paid a minimum wage. As a consumer in India, I am immune to the treatment of such workers in Udipi-like joints. I have learnt to close our eyes as the alternate would make me far too aware of my own incompetence and helplessness and make it impossible to eat out (or do anything) at inexpensive places. Even in the US, I wonder what are the earnings of fast food joint workers but they were supposed to be students working part time to supplement their pocket money.

We need to re-think the importance of money - investments increasingly no longer imply wealth for the society but only for some individuals in the society.

I recall reading a comment. There will be no shortage of things to do for humans in future. The issue is whether they will be paid for it. No one can deny the importance of raising children and the effort involved in it. Today, does the society pay a mother (or father) who has chosen to stay at home for this task beyond the maternity leave?

UPDATE: Longer holding, higher tax takes sheen off debt funds
Better, but wouldn't it be simpler to just treat it as interest from bank deposits no matter what the duration? No special treatment and treat dividend distribution tax as "tax deducted at source" to be treated like any other income.

While at it, do the same for equity funds.

I wish the exercise of increasing capital gains tax was philosophical rather than just a way to collect more tax.