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It needs to be abolished altogether.
by chanakya maurya on Dec 27, 2016 11:37 PM | Hide replies
Long or short.
It would be a much more better deal to abolish both and introduce a little higher transaction tax.
Whether one makes or loses the government chest will receive revenue.
No iota of any kind of relief for making a loss.
North will do well to work on the arithmetic and save a lot of man hours and ambiguous litigations.
The arithmetic must come up with a reasonable percentile increase in the transaction tax.
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