Create a corruption index and depending on the rise/fall in corruption levels, charge us taxes. If corruption level falls, increase taxes and vice-a-versa. This way we can get relief from taxes on money paid in bribes. And the government has an incentive in reducing corruption.
Re: Corruption index....
by Krishna on Feb 02, 2010 04:42 PM Permalink
Remove Rs 500 and Rs 1000 from circulation. This will help in reducing duplicate currency circulation reducing cash transactions. Incentivize e-transactions. This will increase accountability.