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Re: state/center division of powers, was:Shut down Excise
I would prefer NOT to send money to Delhi, and then having them send some
back.
>Regarding 2. I think we need to come up with some kind of guideline for
>allocation of resources. Something like- each state must get back at
>least X% of the tax revenue it generates in central spending averaged
>over Y year intervals. The calculation can exclude border defence
>military spending though that may not be needed since mlitary production
>is located in non-border states.
I think this is the right track to follow. What kind of taxes would you
propose -- income, sales, property?
>Also states and municipalities will have a right to legislate and
>collect taxes independently- with clear guidelines to prevent
>restriction of interstate travel and commerce.
>
>-Charu
- manoj
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