From the archive record
Then Union Minister for Finance under the Atal Bihari Vajpayee, Yashwant Sinha at the National Conference on the Union Budget. As a Finance Minister, he answers media queries and suggestions from the panelists. He talks about taxation on certain items and leaves some in splits. Yashwant Sinha: ...As if rich people work with their hands, it's always poor people who made it. So there should be tax exemptions because poor people make it, there should be tax exemptions because poor people consume it, and there should be tax exemptions because these two do not apply because it's made in a poor area. I would like excise to be entirely value added tax paid and this is the mission that I've taken over the states also. That I will bring sales tax also within this ambit and we really have one value