- Mar 2, 2022
Yes, No more taxes please. They want demand destruction via taxes but there are better ways to control liquidity in the market.That extra liquidity came due to Low interest rates + People being unable to spend during lockdown.
Taxes have nothing to do with extra liquidity. Govt still collected TDS.. Salaried folks who pay direct. Taxes hardly have extra money... It is driven primarily by supply chain and demand supply mis match.
#1 lower interest rates for housing, real estate can soak up money really well and hold it
#2 Issue lot of debt and have the public buy it all up and reduce money circulation on consumption but into investments through infra spending
For god sakes we need to reduce taxes on a whole lot of things! Nearly on everything we need to reduce taxes but Govt won't let salaried people like me live.
Govt should concentrate on their own shit show of PSUs not paying money to private players and accumulating billions of dollars of cost increments due to retarded protests and paperwork.