Tax expenditures total over $1.5T annually, but the 401(k) exclusion sends 60% of benefits to the top 10% of earners. Capital gains are taxed at 20% while wages hit 37%. The state built a welfare system with two entrances: one at front with means test, one at back with accountant and handshake.

https://readuncut.com/the-state-changed-clients-but-not-its-size/
#TaxShelters #RetirementPolicy #TaxExpenditure #PolicyCapture #WealthInequality #TaxReform

Of Debt and Delusion: India’s $747 Billion Burden and the Mirage of Neoliberal GDP Fetishism
https://onceinabluemoon2021.in/2025/12/30/of-debt-and-delusion-indias-747-billion-burden-and-the-mirage-of-neoliberal-gdp-fetishism/
Debt is a moral relation before it is a financial one.

#IndiaDebt, #ExternalDebt, #IndianNeoliberalism, #GDPFetishism, #CronyCapitalism, #PolicyCapture, #EconomicJustice, #CommonGoodEconomy, #PostGDP, #DoughnutEconomics, #Degrowth, #PlanetaryBoundaries, #ClimateDebt, #Seize_Cronies_Fairplay_for_DHFL_Victims, #Alleged_Dawood_Mirchi_RKW_DHFL_BJP_Collusion,