Strategy No.2: Increasing The Taxes to Manage Budget Deficits. #finance #economy #shorts

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Strategy No.2: Increasing The Taxes to Manage Budget Deficits. #finance #economy #shorts

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CA Suraj Deo

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250 Views • Nov 16, 2023 • Click to toggle off description

In this video of Deo Talks, Suraj Deo explains how Governments worldwide, including India, the US, and the UK manage their Budget deficit, by using tax strategies.

This video is part 2 of the series.
Exploring Tax Strategies: How governments rely on income tax, GST, and corporate tax to generate revenue and function efficiently. Learn how countries like India, the US, and the UK implement various taxes to manage budgets and overcome deficits. Discover why governments sometimes resort to increasing tax rates, introducing new taxes, or broadening the tax base, despite the public's reluctance. Uncover the impact of these strategies on personal finances and society as a whole. Stay tuned to understand the dynamic balance between raising revenue and managing expenditures in the realm of taxation and economic policies."

#governmentdebt #economy #finance #personalfinance #Deotalks #Surajdeo #fed #usa #uk #Taxation #budgetmanagement #incometax #gst #corporatetax

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Views : 250
Genre: Education
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Uploaded At Nov 16, 2023 ^^

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RYD date created : 2023-11-17T18:20:43.626898Z
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national debt

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Fiscal Strategies

RBI (Reserve Bank of India)

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6 Comments

@aayushianand4911
1 year ago

🎉

1 |

@CA_Surajdeo
1 year ago

Thanks, Bhavesh.
There can be both YES and NO. Just on the basis of public anger or outrage, governments do not and should not decrease taxes.
Many things are at play here and should be considered like current economic conditions, social implications, and all the potential consequences on the government's finances.

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