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Why Nobel laureate Abhijit Banerjee is wrong about corporate tax cuts

Updated : October 25, 2019 01:33 PM IST

Sound tax reforms are always two-pronged: Phase out loopholes and exemptions, and lower tax rates.
The tax on capital was higher than the tax on labour in India, which was an anomaly.
Why Nobel laureate Abhijit Banerjee is wrong about corporate tax cuts

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