Saturday, November 28, 2020

View: The added burden of taxes, the aspect that went almost unnoticed in Q2 GDP narrative

At a time when the government’s focus has been on providing relief to those who eke out a living, in normal times, in the neighbourhood of the poverty line, and have lost their incomes, thanks to the lockdown, how can net taxes rise? Shouldn’t this item have shrunk, thanks to a big upsurge in subsidies, direct benefit transfers, free food, rural employment schemes?

from Economy-News-Economic Times https://ift.tt/3lab4bq

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