Taxation's fatal neglect?

How one-sided India's conversation on its government finances has become! It is all about spending, spending, spending. For the United Progressive Alliance (UPA) government, of course, elevated spending, subsidies and redistribution were sacred objectives. But the opening salvo of the great hope of Indian democracy, the Aam Aadmi Party (AAP), was to provide free water and power to the not-so-aam citizens of Delhi who already enjoy the highest living standards in India.

Read Full Story>>