Author: desperado123

China should raise income tax threshold to 5000 yuan   [Copy link] 中文

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Post time 2012-6-21 14:25:35 |Display all floors
MisterPanda Post time: 2012-6-21 08:21
6000 seems fair

the more the better  but the current 3500 is too far low.

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Post time 2012-6-21 17:10:09 |Display all floors
desperado123 Post time: 2012-6-21 14:25
the more the better  but the current 3500 is too far low.

Considering the huge amount of black economy, there are already a lot of people earning over 6000 and not paying taxes...
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Post time 2012-6-21 18:54:30 |Display all floors
a good way to improve the income of the low paid without the employers having to increace pay, so keeping the cost of production down and keeping  exports up, also alows for growth of home markets and will reduce the risk of socal unrest du to pay gap, and reduce the possabilty of industral unrest too, or could go the wetern way try to tax the poor  start devlopment of unions  higher pay demands strikes civil unrest etc     

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Post time 2012-6-22 08:37:23 |Display all floors
tigerfish Post time: 2012-6-21 18:54
a good way to improve the income of the low paid without the employers having to increace pay, so ke ...

Tax-cutting measures for the low-paid never seem to work for long.

The supply side has to be dealt with first, as any benefits due to tax cuts will quickly be eroded by inflation.

Changes to taxation and threshold adjustments should be fazed in gradually IMHO.
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Post time 2012-6-29 11:44:21 |Display all floors
If it is only a national income tax, and does not include a local and provincial income tax on top of that.
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Post time 2012-6-30 12:46:28 |Display all floors
I know the american govt have no money and is terribly in debt. but when has the chinese govt needed money. i thought they take enough from import tax etc.. why would you want to pay tax?

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Post time 2012-7-2 19:43:00 |Display all floors
blu535 Post time: 2012-6-30 12:46
I know the american govt have no money and is terribly in debt. but when has the chinese govt needed ...

They get used to tax their people no matter how much they have taken.

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