www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
Experts call for redistribution of wealth
( 2003-06-18 07:38) (China Daily)

China should change its tax policies to narrow the income gap between the rich and the poor, experts said.

As the country's economy has grown, the income gap between the rich and poor has expanded, according to a group of Ministry of Finance experts.

The Gini Coefficient, an international index used to measure income inequality between groups of people, rose from 0.282 in 1991 to 0.458 in 2000 -- higher than the international ``alert'' line of 0.4.

This means Chinese society has entered the zone of income distribution inequality, the experts believe.

Zhang Xueying, a senior economist with the State Information Centre, said the increasing income gap has become a headache for government because of its huge negative impact on domestic spending.

The government should help rural people move to the cities to boost their low income levels, he said.

Ministry of Finance experts also suggest the government raise the threshold for personal income tax, which stands at 800 yuan (US$96).

The tax rate for those who earn less than 5,000 yuan (US$602.40) per month should also be lowered, they said.

Zhang Peisen, a senior researcher with the Taxation Research Institute, agrees the current 800-yuan (US$96) starting point for taxation of monthly income needs to be raised.

"Tax policy should target people with high incomes to promote economic development and social stability,'' he said.

Personal income tax should also be based on bonuses, dividends and other income sources, instead of just salaries as it is today.

Meanwhile, an individual's personal circumstances, including their support of a child or elderly person, should be considered before tax is computed.

Zhang said current personal income tax rates fall into 11 different categories based on income sources, and this system does not take much account of an individual's total annual income.

Income from non-salary sources is usually not taxed, unless people choose to declare it.

The system has many loopholes which tax evaders exploit, Zhang said.

The most common is for business owners to show personal spending as company expenditure.

Some even include their personal incomes in enterprises' turnover to evade personal income taxes that are usually higher than corporate taxes.

 
Close  
   
  Today's Top News   Top Business News
   
+WHO: Bird flu death rises to 15; vaccination recommended
(2004-02-05)
+Solana: EU ready to lift China arms embargo
(2004-02-05)
+Nation tops TV, cell phone, monitor production
(2004-02-05)
+Absence ... still makes China hot
(2004-02-05)
+Hu: Developing world in key role
(2004-02-04)
+KFC: We operate normally in China despite bird flu outbreaks
(2004-02-05)
+Starbucks takes aim at China chain
(2004-02-05)
+Former Microsoft China chief gets new job
(2004-02-05)
+Private airline prepared for take off
(2004-02-05)
+Investors lured by call of siren
(2004-02-05)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved  
主站蜘蛛池模板: 亚欧国产 | 亚洲国产成人精品区 | 欧美a大片 | 国产成人精品视频一区 | 亚洲成人黄色在线观看 | 亚洲欧美另类自拍 | avtt加勒比手机版天堂网 | 国产亚洲精品九九久在线观看 | 美女色黄网站 | 97高清国语自产拍中国大陆 | 成人无遮挡毛片免费看 | 欧美成人影院 | 欧美精品一区二区在线观看 | 国产成人免费永久播放视频平台 | 免费乱淫视频 | 99国产国人青青视频在线观看 | 国产精品欧美一区二区 | 亚洲毛片在线 | 欧美国产日本高清不卡 | 国产美女视频黄a视频全免费网站 | 欧美一级久久久久久久久大 | 欧美成人中文字幕 | 香蕉久久精品 | 欧美日韩高清不卡免费观看 | 国产午夜精品不卡观看 | 久久在线观看免费视频 | 韩国巨胸女三级视频网 | 99在线热视频只有精品免费 | 国产一区二区福利久久 | 88精品视频 | 亚州国产| 激情欧美日韩一区二区 | 国产91丝袜在线播放九色 | 黄a一级| 在线免费观看一级毛片 | 久久精品视频一区 | 黄.www| 一本一道波多野结衣456 | japanese乱子另类 | 欧美在线一级毛片观看 | 国产日韩高清一区二区三区 |