
Anand Swamy and Tirthankar Roy on Law and the Economy
Ideas of India
00:00
The Problem Is, Who Owes the Property Tax?
In the absence of good land titling, it's going to be very difficult and atevas particularly, you know, parless group, when it comes to negotiating the legal system. In places, lake dally in urbanin gets even worse than thet as people sell power of attorney right, rather than the property right itself. There is no sensible jurisprudence that can apply to tarta? Its just becoming very confusing. I mean, this problem has been there in the us. Even before that, but this problem of taking land from peter and giving to paul,. so it's sort of like a private kings where the government acts as a broker. This is
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