So bitter was the opposition to income tax that 17 years after it was introduced, England’s Chancellor of the Exchequer (the equivalent of India’s finance minister) publicly burnt all income tax records. While the tax would be back, public irritation at the concept of taxes itself would survive. In India, it tends to peak annually at budget time.
As Finance Minister Arun Jaitley rose to present his budget speech, Twitter ensured a steady stream of sarcasm.
Cesspool
— Kamlesh Singh (@kamleshksingh) February 29, 2016
ˈsɛspuːl
noun
1. an underground container for the temporary storage of liquid waste and sewage.
2.Arun Jaitley budgets #Budget2016
In fact, the budget had a marked emphasis on taxing the urban middle class.
Msg from #Budget2016
— Srinivasan R (@srinir5) February 29, 2016
a) Quit job, take up farming
b) Quit cigarette, take up beedi
c) Quit city, move to village
d) Pay tax, at least now
Cigarettes will get more expensive.
— Jayesh (@jayeshb) February 29, 2016
Beedi won't.
so much logic. #Budget2016
So middle-class gets Nationalism and Cow Protection. And gets taxed left, right and center by this Govt.
— Sushant Sinha (@sushantsinha) February 29, 2016
The budget also had a marked tilt towards the populist, introducing a long term irrigation fund and Rs 5,500 crore for crop insurance, irritating some of the more free market supporters of the government and being a possible reason for the stock market tanking.
Right wing govt doling out money for welfare and Left parties asking how is the gov gonna make money.
— Gabbbar (@GabbbarSingh) February 29, 2016
Irony dying. #Budget2016
And concluding #Budget2016 in #FuryRoad GIFs - markets be like: pic.twitter.com/4z5Bu6zArX
— Nicholas Dawes (@NicDawes) February 29, 2016
There were some potshots for the ruling party and the finance minister as well.
Best Actor Oscar should have gone to Jaitley instead of Leonardo Di Caprio for making people think he is capable of being Finance Minister.
— $ir $ri $ri Magal (@jhunjhunwala) February 29, 2016
Every time I type achchhe din, autocorrect changes achchhe to ache. Artificial intelligence is beating us humans. #Budget2016
— Kamlesh Singh (@kamleshksingh) February 29, 2016
But, as every year, corporate India fell over itself in trying to praise the budget – making for some humour.
FLASH: India Inc gives Budget 11/10
— Mihir Sharma (@mihirssharma) February 29, 2016
Prompt words for businessmen to use today for #Budget2016-great, fantastic, all-round impetus, path-breaking, boosting economy, balanced, 👏.
— Harsh Goenka (@hvgoenka) February 29, 2016
All of it was summed up by this marvel of sardonicism.
Excellent budget for the Aadhaar-card holding non-smoker who lost his degree certificate and plans to launch a loss-making startup this year
— St_Hill (@St_Hill) February 29, 2016