Wealth inequality is an irrelevant ethical measure of a society. So long as everyone grows more prosperous (which is happening in India barring the inevitable bumps along the way) it doesn’t matter whether some grow richer faster than others, In fact, it is inevitable that people will gain money at different rates.
What a fool to write this article without having read the report. Even a single reading will tell that The Oxfam Report with respect to indirect taxes is based on estimated expenditure on certain food items and non-food items. According to the report, of the total GST collected from these food and non-food items, 64.3% is collected from the bottom 50% income group and 3-4% from the top 10% income group. Thus, the percentage is not with respect to the total GST revenue but GST from only some selected items.
And The Print is even bigger fool to put this article on their website.
Wealth inequality is an irrelevant ethical measure of a society. So long as everyone grows more prosperous (which is happening in India barring the inevitable bumps along the way) it doesn’t matter whether some grow richer faster than others, In fact, it is inevitable that people will gain money at different rates.
What a fool to write this article without having read the report. Even a single reading will tell that The Oxfam Report with respect to indirect taxes is based on estimated expenditure on certain food items and non-food items. According to the report, of the total GST collected from these food and non-food items, 64.3% is collected from the bottom 50% income group and 3-4% from the top 10% income group. Thus, the percentage is not with respect to the total GST revenue but GST from only some selected items.
And The Print is even bigger fool to put this article on their website.