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No more cuts in corporate tax: Abhijit Banerjee's advice to FM

No more cuts in corporate tax: Abhijit Banerjee's advice to FM

Saturday, January 4, 2020, 10:58 AM

Nobel laureate Abhijit Banerjee has opposed further cuts in corporate taxes and advocated the need to boost demand. He said the corporate sector is sitting on cash and not investing because of the demand problem. "I would say first no more cuts in corporate taxes...the corporate sector sitting on cash, it is not investing," he said.
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