joel klippert says he is pays himself last after he pays his

joel klippert says he is pays himself last after he pays his vendors and employees explain this decision in terms of the principle of business profit

Solution

This is a question of MODVAT (moderate value added tax) It is the question of solving the problem of black money or inequalities in income. The tax is added to the value of the product at each step of production( intermediary and final stage). It is also a question of liberalising of business policies. The sole motive is to ask people to invest more as this will increase the Net national product or national income. This is the best process of equidistribution of income as well

By,

Nishant Bhatt