Monthly Archives: July 2012

One buck for a kg of rice, Chidambaram?

Palaniappan Chidambaram (1)

Palaniappan Chidambaram (1) (Photo credit: Wikipedia)

So I just saw “Rs. 1” trending on twitter and I was intrigued to know what was this all about. It ended up to be a social media version of a statement made by Mr. Chidambaram. I now proceeded to actually have a glance on what other tweeters had to say about this and I must tell you that people on twitter don’t know how to be moderate. What I was more surprised about was their opinion on the statement. Most of them didn’t really make much sense as I am sure that these guys who are tweeting are probably flashing off their blackberries to be really bothered about rice costing Rs. 16 and not Rs. 15 bucks. The inquisitive brain of mine now wanted to read the actual statement rather than the 140 character versions. What you see below is the statement.

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The Inflationary Tax Policy – A Concept

Taxation is one of the major tools used by governments in a mixed economy. It mainly works as a source for government funds and government spending. Now there’s more to why the government takes on the responsibility to make certain investments but thats a a completely different “road” which we are not catching in this paper. Continue reading

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Banner Número 1

I thought it will be a nice idea to have all the banners I have used on this website together in the form of an archive. From now on you will see a new menu item by the name “Banners Archive”.

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