Should MBAs be taxed at higher rates in the country?

Just the other day i heard one of my friend's cousin getting placed at some financial firm while she was in the final year of her management degree in IIFT Delhi. But it wasn't just the news of her getting placed that was of joy, it was specifically the package that she was offered....a whopping 17 lakhs. And let me tell you its not very unsual nor very surprising for somebody paasing out from any of the IIMs per say. Especially when IIMs A, B, C have that figure as their average salary.

Coming to the topic, admitting the fact that MBA definitely means money all the way. The salaries mba graduates earn is just increasing all over the globe. And many questions will arise at this point regarding the taxes that they should pay. And in a country like India with a maximum of population below poverty line and considering the fact that less than 4% of the population contribute to 96% of the wealth in the country, it becomes very evident to propose that MBAs should be taxed at higher rates.

But how well do you think is this proposal justified? The basis of which lies in the unequal distribution of wealth. But the thing which seems to be missing from this scene is the fact that what kind of MBAs get paid that much. I mean we have MBA institutes increasing by hundreds everyday but not all can boast of the selection criteria or for the matter the standard of education provided by top B-Schools in India. Seeing the number of CAT aspirants increasing day by day and the increasing competition that comes along with it and the selection policies being reformed as to select the best from the lot it seems to be a perfect scenario of "The survival of the fittest". Not everybody gets into an IIM. And currently chasing the same dream it wont be wrong to say that the pain that goes into getting into one cannot be compared.

And its not just getting admitted which ends the story. Surviving throughout the 2 years of rigorous study isn't easy as well. And then when you land up with a job that has great moolah why is it being over-hyped. And for that matter why be taxed higher. Now that shouldn't be justified. Just because their salaries come to notice unlike the thousands of corrupted officials who earn more than they should behind the scenes. no doubt MBA graduates can be made to think in a way to contribute effectively to the nation's existing problems. rather than bringing forward an imposed and biased form of tax-paying regulations, subjects like social entrepreneurship and corporate social responsibility should be more of concern. that would definitely be a more sound approach to tackle the problem of poverty and India's economy.

And why take to another form of inequality even if its in matters of tax-paying, when already there are so many disparities existing in the nation.