How much tax do we have to pay till we retire?

How much tax do we have to pay till we retire?
Feb 20, 2009 01:27
LEOPOLD219 Points: Join Date: Feb 7, 2007 Status: offline	I just heard that China would raise the personal income tax threshold to 2400 or 2500 RMB. For most people, it is good news. However, some people don't think so. According to their views, the PIT threshold should raised 5000 yuan or at least 3000 yuan. Last March, China offcially raised the PIT threshold from 1600 yuan to 2000 yuan. Just one year later, the PIT threashold will be raised again. Why? As the government said, it hopes that this policy can stimulate domestic consumption. I don't know if it will work. Paying tax is everyone's duty. But I am just thinking a question:" How much tax do we pay till we retire?" Do you ever think about this?

Feb 20, 2009 01:27

LEOPOLD219
Points:
Join Date: Feb 7, 2007
Status: offline

I just heard that China would raise the personal income tax threshold to 2400 or 2500 RMB. For most people, it is good news. However, some people don't think so. According to their views, the PIT threshold should raised 5000 yuan or at least 3000 yuan.

Last March, China offcially raised the PIT threshold from 1600 yuan to 2000 yuan. Just one year later, the PIT threashold will be raised again. Why? As the government said, it hopes that this policy can stimulate domestic consumption. I don't know if it will work.

Paying tax is everyone's duty. But I am just thinking a question:" How much tax do we pay till we retire?" Do you ever think about this?

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