I'm not sure if he meant to demonetize old notes and the new notes are introduced. In the past,
demonetization has been designed as a way to get the circulation of black money. Unfortunately, my sense is smart to find ways around them.
They find ways to distribute their money into many small pieces. Do not think you find a way to throw it in the pot in some temples that have to change to black people into white. I think there are ways around the demonetization. To get the black money is not so easy. Of course, can be a reasonable amount, the form of gold is therefore even more difficult to catch. Incentives to create and maintain black more focused. There are several tax incentives.
The current tax rate in this country that comes to my mind is the lowest part. As we have a fair tax system, for example, the 33% tax rate on high incomes, which in America already 39% state tax, etc., about what it actually takes less than 50. We many industry. Since there is no reason why everyone can not pay the tax must be paid. Where will focus more on data and improve tax administration in order to get money is being made. I think that the modern economy is very difficult to hide their money so easily.
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