जन धन योजना

पहले मोदी जी ने काला धन का जिक्र किया। लोगों को लगा जो गोरे लोग ले गए सोने की चिड़िया, शायद उसकी बात हो रही है। १०-१५ लाख की बात हुवी। कहा कुछ गया हो लेकिन विपक्षी के प्रचार से लगा मोदी ने कह दिया सबको १०-१५ लाख मिलेगा।

तो जब मोदी ने कहा बैंक अकाउंट खोलो तो सबने बड़े रफ़्तार में खोल लिया। आपके खाते में १०-१५ आने वाली हो तो आप एक क्या दो अकाउंट खोल लो। वही हुवा। जन धन योजना सफल हो गयी।

When The Ocean Currents Of Global Finance Stop Moving

Money getting parked like this is a disservice. There is such need, in terms of Global South infrastructure, and clean energy. This is like the ocean currents stopped moving. Why will money not want to grow?

The missing $20 trillion

If you define a tax haven as a place that tries to attract non-resident funds by offering light regulation, low (or zero) taxation and secrecy, then the world has 50-60 such havens. These serve as domiciles for more than 2m companies and thousands of banks, funds and insurers. Nobody really knows how much money is stashed away: estimates vary from way below to way above $20 trillion. ..... Ugland House, a building in the Cayman Islands that is officially home to 18,000 companies ...... Delaware (population 917,092), which is home to 945,000 companies, many of which are dodgy shells. ..... Miami is a massive offshore banking centre, offering depositors from emerging markets the sort of protection from prying eyes that their home countries can no longer get away with. The City of London, which pioneered offshore currency trading in the 1950s, still specialises in helping non-residents get around the rules. British shell companies and limited-liability partnerships regularly crop up in criminal cases. London is no better than the Cayman Islands when it comes to controls against money laundering. Other European Union countries are global hubs for a different sort of tax avoidance: companies divert profits to brass-plate subsidiaries in low-tax Luxembourg, Ireland and the Netherlands. .......

America remains shamefully reluctant to share information with the Latin American countries whose citizens hold deposits in Miami.

....... Nor do corporate taxes raise much money: barely more than 2% of GDP (8.5% of tax revenue) in America and 2.7% in Britain. Abolishing corporate tax would create its own problems, as it would encourage rich people to turn themselves into companies. But a lower rate on a broader base, combined with vigilance by the tax authorities, would be more efficient and would probably raise more revenue: America, whose companies face one of the rich world’s highest corporate-tax rates on their worldwide income, also has some of the most energetic tax-avoiders. .....

Financial centres and incorporation hubs, from the City of London to Delaware, will fight any attempt to tighten their rules. But if politicians really want to tax the missing $20 trillion, that’s where they should start.