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Congress, BJP, inheritance tax & distributive economics: Socialist India’s flirtation with bad ideas
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Veteran Gandhi family aide Sam Pitroda’s praise for inheritance tax levied in the US set off a political slugfest. In Episode 1438 of Cut The Clutter, Editor-in-Chief Shekhar Gupta explains how taxation in some form of estate or gift taxes was levied in India until as recently as 2016 and why doing away with it was a step in the right direction.
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