The GST was conceptually superb, utterly necessary — and implemented poorly. There are still so many problems with it that it defeats the purpose. How do we think clearly about its problems? How do we fix it?
Welcome to Episode 121 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.
In this episode, Ajay, one of the authors of the original paper of 2004 that proposed a GST in India, talks about what the GST is meant to do, why it fails in its current design and what we can do to make it better.
TABLE OF CONTENTS: 00:00 Packaging00:13 Edge-of-the-Seat Excitement01:59 Chapter 1: It All Comes Down to Economic Growth09:08 Chapter 2: The Disaster of Cascading Taxes18:59 Chapter 3: How the World Solved This With VAT28:13 Chapter 4: How to Get the VAT Right31:59 Chapter 5: The Indian Journey to a Flawed GST48:23 Chapter 6: The Fix
For full show notes, please click here!
