%A Ajit Ranade
%T Charity won't solve inequality
%! Charity won't solve inequality
%X  Inequality cannot be remedied merely by depending on the goodwill and moral compulsions of the very rich. We have to acknowledge that India has one of the lowest direct tax-to-GDP ratios. We do not have inheritance tax. We have exemptions, which enable large capital gains to go tax free.
%U https://www.thebillionpress.org/columns/business/charity-wont-solve-inequality-1040