Indian Business Podcast How The RICH Legally Pay almost 0 Taxes | Why Employees Pay More Tax Than Billionaires | IBP
Mar 18, 2026
Divakar Vijayasarathy, a chartered accountant and international tax strategist, breaks down why wealthy individuals legally pay very little tax. He discusses taxes as tools that shape behavior. Hear explanations of tax frameworks, how entrepreneurs exploit policy incentives, and real-world cases like Trump and corporate reinvestment. Practical structuring rules and country choices feature prominently.
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Taxes Are A Policy Language
- Taxes are a language governments use to align public behavior rather than just collect revenue.
- Divakar links ancient Jizia and modern incentives to show taxes reward desired actions like military service or job creation.
Client Chose India Because Incentives Made It Cheaper
- A Silicon Valley client chose India over the Philippines because India offered STPI benefits that offset costs and created a 'negative cost' outcome.
- Divakar describes import duty exemptions, subsidized rent and accelerated deductions that made India far more profitable.
BETS Explains Who Gets Tax Rewards
- Governments categorise citizens by contribution using Divakar's BETS: Builders, Enablers, Thrivers, Supported.
- Builders solving national priorities get tax rewards; thrivers (employees) typically bear higher taxes as consumers of infrastructure.
