Comments on: Modi and his Manipulations https://misesindia.in/2018/06/05/modi-and-his-manipulations/ Economics, Freedom and Peace Wed, 18 Mar 2020 17:30:35 +0000 hourly 1 By: PI https://misesindia.in/2018/06/05/modi-and-his-manipulations/#comment-56 Tue, 05 Jun 2018 16:31:21 +0000 http://www.misesindia.in/?p=1897#comment-56 In reply to PI.

Even capital is taxed along with income tax. Every income is an investment unless it it spent on consumer goods. Hayeks triangle says consumer goods should be taxed if at all. Taxing capital shrinks and possibly even collapses the triangle.

]]> By: PI https://misesindia.in/2018/06/05/modi-and-his-manipulations/#comment-55 Tue, 05 Jun 2018 14:42:49 +0000 http://www.misesindia.in/?p=1897#comment-55 Modi asks for more and more. Govt borrowing has hit an all time high.

Rothbard famously said:
Private product remaining in private hands (PPR) = GPP MINUS GOVT DEPRADATIONS ( that is taxes)
Gross private product (GPP) = GDP MINUS GOVT DEPRADATIONS

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