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  • karan.batman

    •

    7 months

    Tax Reduction : Key to economic growth

    Rather than increasing taxes and paying off our deficit and borrowing finance minister should rather reduce it and boost private consumption and investments in economy This would not only lead to increased money supply but also reduce our trade deficits as money is better utilised by private individuals/organisations than government (At least it won’t be used to fill corrupt and inefficient politicians pockets) I know government needs tax to provide basic healthcare and education services but bombarding middle class with taxes will only weaken the economy Instead of using significant portion of taxpayers money for paying off loan they should aim at boosting exports and foreign investments and import substitution And instead of providing freebies they should use some of that money to train people and engage them in production activities so they could earn on their own
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