Editorial With Sujit Nair | What Is Wrong With 'Wealth Distribution'? | Sam Pitroda HW News Editorial With Sujit Nair podcast

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Editorial With Sujit Nair | What is Wrong With 'Wealth Distribution'? | Sam Pitroda

5M ago 12:42

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In a recent episode of 'Editorial', Mr. Sujit Nair delved into the topic of taxing inherited wealth, prompted by a statement from Sam Pitroda, Chairman of Indian Overseas Congress. Pitroda, in an interview, discussed the rationale behind wealth redistribution, citing the example of inheritance tax in the United States. He characterized it as an intriguing policy that prioritizes the public interest over the super-rich. Pitroda explained that under this law, if someone possesses $100 million in wealth and passes away, only 45% of it can be transferred to their children, with the remaining 55% claimed by the government. He viewed this as a fair measure, emphasizing the notion that individuals who accumulate wealth during their lifetime should contribute a portion of it back to society upon their passing.

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273 episoder

#Business News #Politics #News #Ideabrew Studios #HW News Network

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Editorial With Sujit Nair | What is Wrong With 'Wealth Distribution'? | Sam Pitroda

HW News Editorial with Sujit Nair

published 5M ago

Del

MP3•Episode hjem

Indhold leveret af Ideabrew Studios and HW News Network. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Ideabrew Studios and HW News Network eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In a recent episode of 'Editorial', Mr. Sujit Nair delved into the topic of taxing inherited wealth, prompted by a statement from Sam Pitroda, Chairman of Indian Overseas Congress. Pitroda, in an interview, discussed the rationale behind wealth redistribution, citing the example of inheritance tax in the United States. He characterized it as an intriguing policy that prioritizes the public interest over the super-rich. Pitroda explained that under this law, if someone possesses $100 million in wealth and passes away, only 45% of it can be transferred to their children, with the remaining 55% claimed by the government. He viewed this as a fair measure, emphasizing the notion that individuals who accumulate wealth during their lifetime should contribute a portion of it back to society upon their passing.

Learn more about your ad choices. Visit megaphone.fm/adchoices

… continue reading

273 episoder

#Business News #Politics #News #Ideabrew Studios #HW News Network

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