Raghuram Rajan on wealth distribution: ‘Elevate, rather than bringing the successful down’

Raghuram Rajan on wealth distribution: ‘Elevate, rather than bringing the successful down’

Raghuram Rajan, former Reserve Bank of India (RBI) governor said that having inclusive growth will increase the pace of growth but taxing the rich is not the way to do that. Speaking at an event at the Kellogg School of Management – Northwestern University, he said, “We need to try and elevate rather than bringing the successful down.” Former Governor of Reserve Bank Of India (RBI) Raghuram Rajan shared his views on wealth distribution. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The remarks come after Indian Overseas Congress chairman Sam Pitroda earlier said that the inheritance tax in the US is an idea that could be debated…
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Source: https://www.hindustantimes.com/business/raghuram-rajan-on-wealth-distribution-elevate-rather-than-bringing-the-successful-down-101714360679241-amp.html