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

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Content provided by Ideabrew Studios and HW News Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ideabrew Studios and HW News Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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.

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266 episodes

Artwork
iconShare
 
Manage episode 423036494 series 3393726
Content provided by Ideabrew Studios and HW News Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ideabrew Studios and HW News Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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

266 episodes

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