Should Narendra Modi follow Donald Trump's strategy on tax rate cuts?

Both India and US have followed similar trajectories in tax rates since the 1970s

Trump’s radical tax plan that seeks to reduce tax rates across the board has many parallels to India. In post 1970s India fraught with droughts, malnutrition and grinding poverty it was a sin to be rich. Americans meanwhile have always worshipped money and idolised those who make money. Both nations seem to have followed similar trajectories in the manner in which tax rates have moved since the 1970s

The swinging 60s and taxing times for the rich

In the 1960s, India's individual tax rates were lower than those in the US. For corporate tax rates we were higher than the US.