In
the discussions about GST, the class content of this
new tax regime has been missed. Through an overall increase
in the taxation of the informal sector i.e. of the petty
producers and the small capitalists, it has unleashed
the twin process of centralization of political authority
and the centralization of capital, which in turn strengthen
one another.
*
This
article was originally published in People's
Democracy
on October 1, 2017. |