Comments by "Raju" (@rajx7120) on "China Growth Story Is Over: Ruchir Sharma Exclusive | Where Is China’s Economy Headed? | N18V" video.

Problem in India is, the Centre may be embracing capitalism, but many state govts are still stuck in socialism. And our chief opposition party leader, is behaving like a Maoist. Hell lot of freebies have been instituted that are politically hard to get rid of. China reformed agriculture in the 1980s. We are still debating and opposing that. I am actually optimistic about the current govt, because BJP'e voteshare may have stagnated. But the NDA's voteshare has meaningfully increased, because if the allies. Let's hope for the best.
32
@bookofeverything3204 How is capital gains, the same as capital investment? The companies that actually invest, had their corporate tax reduced. Capital gains is income, not investment.
1
@bookofeverything3204 And what goods and services were produced by merely buying and selling shares? How different is it from buying and selling property? Or selling gold? The money used in buying shares, is not received by the company, but some other seller. Excessive speculation is creating bubbles, instead of price discovery. That's why capital gains tax was increased.
1