Our ‘assets beyond means’ strategy is like putting a saniplast on a bad skin rash. It’s a fix for the visible problem, but does absolutely nothing about the deep, systemic infection causing the rash. It is not only the wrong medicine but also a wrong diagnosis.
You’ve got to hand it to the Federal Board of Revenue. Their new 40-member “Lifestyle Monitoring Cell” is a masterstroke of showmanship. The plan is to look for “assets beyond means” by doomscrolling Instagram. It is indeed a headline-grabbing move. We all see those drone-shot weddings, convoy sports utility vehicles and farmhouse parties and wonder how anyone could afford it. Now the state is asking a similar question. And while it may seem they’re getting answers, that’s all it is.
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