The wealth of former Andhra Pradesh CM YSR Reddy’s son Jagan Mohan Reddy is growing exponentially.
A contender for chief ministership, Jagan had paid no tax in H1 last year, but has paid Rs 6.6 crore in the first half this year. In H2 last year, he had paid just Rs 2.92 lakh tax for the entire financial year 2008-09, but is now projecting a tax outgo of at least Rs 22 crore, with his personal income expected to cross Rs 70 crore in 2009-10.
He is the only recognised politician in the top 100 taxpayers, according to sources.
Could he have amassed so much of declared, and manifestly many times more hidden, wealth by hard work and honesty?
Is India now going to pass into the hands of such utterly dishonest men and women who so blatantly abuse power?
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