The economy

[kakaballi]

Re: The economy

@Silaaj

Its not about forcing. Its about give and take. If you want tax breaks, increase your workforce by 10%. If you dont, you dont get a tax break.
Point is, a tax break is not meant to fatten a company’s wallet. It is meant to create opportunities for a broader spectrum of the public.

Still, you cannot ask them to increase workforce by 10%.

The idea is that if that ‘extra cash’ is not reinvested in the business, expanding it, other companies should take that market share with their ‘extra cash’. Expanding businesses would automatically increase workforce. Government’s job is just to ensure they do not form cartels.

Unfortunately, we have focussed on non-productive sectors for the last 2 decades. Telecom and Banking sectors making tons of money, leaving productive sectors in a lurch and us importing everything.