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Is GST a good thing or bad thing?


lazybugger

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sCo_^Y 

1. GST is going to cause a lot of heartburn to vendors, and may even cost Modi his next election.

2. But I want Modi to win atleast until 2029.

3. Modi ruling for another couple terms will definitely create the atomosphere for anti-India sentiments, and help TN find a critical mass of people interested in breaking away from India.

4. But by that time, central govt will have its foot on TN's throat, by way of GST, and can throttle its economy at will, in case TN agitates.

so I'm not sure if its a good or bad thing.

Its mostly good I guess. revolutions are never pain free no.

 

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Well, like I said earlier..TN will fight for independence and eventually end up splitting into two states with in India...will become a laughing stock for every other state.

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4 hours ago, lazybugger said:

sCo_^Y 

1. GST is going to cause a lot of heartburn to vendors, and may even cost Modi his next election.

2. But I want Modi to win atleast until 2029.

3. Modi ruling for another couple terms will definitely create the atomosphere for anti-India sentiments, and help TN find a critical mass of people interested in breaking away from India.

4. But by that time, central govt will have its foot on TN's throat, by way of GST, and can throttle its economy at will, in case TN agitates.

so I'm not sure if its a good or bad thing.

Its mostly good I guess. revolutions are never pain free no.

 

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3 hours ago, Android_Halwa said:

Well, like I said earlier..TN will fight for independence and eventually end up splitting into two states with in India...will become a laughing stock for every other state.

haha.. like how TG became a laughing stock to every other state aa?

Is that why your jathi pitha flies to delhi often, because his 17 mps couldn't do sh1t if they tried? CITI_c$y

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2 minutes ago, lazybugger said:

haha.. like how TG became a laughing stock to every other state aa?

Is that why your jathi pitha flies to delhi often, because his 17 mps couldn't do sh1t if they tried? CITI_c$y

@3$%

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1 hour ago, lapakilotupaki said:

Bad for short term thinkers 

Good for long-term thinkers 

 

explain.

I say, GST is overall bad for the economy, good for govt coffers.

Why do you think the world's most successful country (US) doesn't have GST?

but my question was entirely different.

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3 hours ago, Android_Halwa said:

Well, like I said earlier..TN will fight for independence and eventually end up splitting into two states with in India...will become a laughing stock for every other state.

hasn't TN already become one?

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5 minutes ago, lazybugger said:

explain.

I say, GST is overall bad for the economy, good for govt coffers.

Why do you think the world's most successful country (US) doesn't have GST?

but my question was entirely different.

how is it bad for economy?

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1 minute ago, batman said:

how is it bad for economy?

dude, its badly designed.

18% that congress proposed is unworkable, if central gets half of it.

28% is too high for a growing economy like India. Check which other countries have this rates.

don't say slabs. all countries have slabs, talk about the highest rate.

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Only welfare states have this high indirect taxes.

Is India gearing up to be a welfare state, or are they going to use this money to initiate more transfers from the poor to the rich, by building useless infra like metro, airport, etc?

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