{"id":19362,"date":"2013-02-28T08:43:06","date_gmt":"2013-02-28T08:43:06","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=19362"},"modified":"2013-02-28T08:38:46","modified_gmt":"2013-02-28T08:38:46","slug":"india-has-the-answer-to-growth-tax-the-rich","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/02\/28\/india-has-the-answer-to-growth-tax-the-rich\/","title":{"rendered":"India has the answer to growth &#8211; tax the rich"},"content":{"rendered":"<p> As the FT has reported this morning:<\/p>\n<blockquote>\n<p>India plans to increase spending on capital investment and large-scale social programs by 29 per cent in the next year, while imposing a one-year 10 per cent tax surcharge on the \u201csuper-rich\".<\/p>\n<\/blockquote>\n<p>So, just as the UK is about to scrap its 50p tax rate, and give away several billion in tax to the richest in this country as a result whilst cutting benefits for most in the country, India is going the other way.<\/p>\n<p>I could tell you which one has got it right, but I think you already know. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the FT has reported this morning: India plans to increase spending on capital investment and large-scale social programs by 29 per cent in the<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/02\/28\/india-has-the-answer-to-growth-tax-the-rich\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,104],"tags":[],"class_list":["post-19362","post","type-post","status-publish","format-standard","hentry","category-economics","category-india"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/19362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=19362"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/19362\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=19362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=19362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=19362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}