Syndicate content

Add new comment

Well, India has a small Income Tax/GDP ratio of about 4-5 %, which is very low. Overall tax/GDP ratio is also very low. So, this is not a fair comparison. About 100 individuals in India corner about 25% of GDP so actually a broader tax coverage on just the top hundred will be enough to pay for our poor. The article seems to deflect attention from the really high gini coefficients for India.