Home > Uncategorized > Prem Sikka: Billionaires are a threat to democracy — Left Foot Forward

Prem Sikka: Billionaires are a threat to democracy — Left Foot Forward

Taxation revenues are the basis of the modern state. Without them, it cannot perform its administrative and redistributive functions. The revenues are also used to subsidise industries, bailout banks and clean-up the social and environmental damage inflicted by businesses in pursuit of private profits. The level of taxation depends on the social settlement mandated to…

via Prem Sikka: Billionaires are a threat to democracy — Left Foot Forward

Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: