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The financial health of the Indian government is precarious, to say the least. After the expected shortfall in tax revenues, India doesn't have many great options to fund its expenditures. Could a wealth tax be an answer? ****** Contact: Facebook: https://www.facebook.com/sochyoutube/ Instagram: https://www.instagram.com/sochyoutube/ Twitter: https://twitter.com/mohakmangal Sources: 0. Introduction https://scroll.in/article/959968/the-great-covid-19-migrant-exodus-miles-separate-governments-claims-on-relief-from-reality https://www.hindustantimes.com/columns/the-state-needs-to-step-up-urgently-opinion/story-UQhi5oyhA61C52vU7fDxJO.html https://economictimes.indiatimes.com/news/economy/indicators/imf-projects-indias-growth-rate-at-1-9-in-2020-forecasts-global-recession-due-to-covid-19/articleshow/75142792.cms?from=mdr https://theprint.in/opinion/india-lost-more-jobs-due-to-coronavirus-lockdown-than-us-did-during-depression/397693/ https://qz.com/india/1837566/coronavirus-triggers-layoffs-across-indian-it-startup-aviation/ https://en.wikipedia.org/wiki/List_of_countries_by_population_(United_Nations) https://www.livemint.com/news/india/india-gdp-projections-by-world-bank-imf-too-optimistic-arvind-subramanian-11586974472691.html https://www.bbc.com/news/world-asia-india-52117704 https://qz.com/1819776/here-are-the-coronavirus-bailouts-being-prepared-around-the-world/ https://economictimes.indiatimes.com/news/economy/finance/india-may-miss-tax-collection-target-for-2019-20-by-nearly-rs-2-5-lakh-cr-subhash-chandra-garg/articleshow/73382720.cms?from=mdr https://economictimes.indiatimes.com/markets/expert-view/print-money-to-handle-this-once-in-a-century-crisis-swaminathan-aiyar/articleshow/74859166.cms?from=mdr https://scroll.in/article/959314/doing-the-maths-why-india-should-introduce-a-covid-wealth-tax-on-the-ultra-rich https://www.nytimes.com/2020/04/21/opinion/coronavirus-wealth-tax.html https://voxeu.org/article/progressive-european-wealth-tax-fund-european-covid-response https://www.theguardian.com/politics/2020/apr/22/wealth-tax-rise-could-raise-174bn-tackle-covid-19-expert-says https://www.huffpost.com/entry/coronavirus-wealth-tax-billionaires_n_5e7cc0cfc5b6256a7a260ebb 1. What is a wealth tax https://www.businessinsider.sg/4-european-countries-wealth-tax-spain-norway-switzerland-belgium-2019-11?r=US&IR=T https://elizabethwarren.com/plans/ultra-millionaire-tax https://twitter.com/GauravGuptaX/status/1251921633905750016 2. How would a wealth tax work? https://twitter.com/GauravGuptaX/status/1251921672459792384 https://scroll.in/article/959314/doing-the-maths-why-india-should-introduce-a-covid-wealth-tax-on-the-ultra-rich https://www.business-standard.com/article/opinion/solidarity-today-new-social-compact-tomorrow-120041201089_1.html 3. What are the advantages and disadvantages of a wealth tax? https://theprint.in/talk-point/should-modi-govt-let-oil-crash-cushion-finances-or-will-lower-retail-prices-revive-economy/407488/ 4. Conclusion https://indianexpress.com/article/opinion/coronavirus-india-lockdown-economy-amartya-sen-raghuram-rajan-abhijit-banerjee-6364521/

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