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> Expect some drastic policy changes with real estate, corporate taxation and gold. Nope. I don’t expect any changes on real estate or corporate taxation, exce
by wtmt 9y ago
> Expect some drastic policy changes with real estate, corporate taxation and gold.
Nope. I don’t expect any changes on real estate or corporate taxation, except to help people who have/control them become richer and have even more lax regulation. A lot of real estate is held by politicians of all political parties. So there’s no reason they’d shoot themselves in the foot. One “maverick” Prime Minister cannot overrule hundreds of others with vested interests, however clean or idealistic he may project himself to be.
As for corporates, the NDA government is highly favorable to them. The tax rates are set to decrease as announced a couple of years ago anyway.
Gold is probably a slightly easier target. It has already seen restrictions before, which means the rich and powerful likely don’t hold too much of it or transact a lot with it.