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Ep #4 | WTF is ChatGPT: Heaven or Hell? | w/ Nikhil, Varun Mayya, Tanmay, Umang & Aprameya
WTF is with Nikhil Kamath
The Future of Capitalism
I think estate taxes are part of... Yeah. Or the possible of becoming a developed economy. And I think property taxes are the best thing that will happen in India. What happens to most of the ill-gotten wealth, black money in India, it goes and sits in real estate. There's no way of taxing that. For some reason, we don't have tax on farmers. They don't pay tax because they take advantage of that farm loan we buy. UBI will create an ecosystem where people who want to pick capitalism can pick capitalism. Otherwise, they will be based on social.
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