City Guide
Answers
Login
Home
/
Community
/
Forums
/ Post a Reply
Post a Reply
Thread: Reduce personal tax for these rich people?
Title:
(100 characters at most)
Content: ( 3,000 characters at most, please )
You can add emoticons below to your post by clicking them.
[quote=MARRIE,274259]ยท According to the government statistics in 1996, roughly about 50% of all individual income tax is drained off yearly. Plus, over 90% of self-employed business people and 80% of private enterprise owners have a record of tax dodging.6 These are caused primarily by citizens' vague concept of their responsibility to pay taxes, and regulators' weak enforcement of existing tax laws. Back to table of contents b. Uneven distribution of resources between different regions. China's development policies have long created an unbalanced regional development by variations in resource allocation. Thus, in 1949, 71.5 per cent of Chinese industry was concentrated in the coastal areas, and only 28.5 per cent in inland regions.8 When the Chinese leadership in the early 1950's started its strenous efforts at industrialization, it regarded the huge coast-interior imbalance as irrational. During the Maoist period, therefore, the government carried out an interior-oriented regional development policy.9 Furthermore, Maoist leadership pursued a nationwide self-reliance policy encouraging each region and locality to act as an autonomous production unit. Such changes were implemented in order to substitute the role of market or larger planning apparatus. Thus, the principles of regional specialization and exchange and the advangtages of specialization in production on a comparative advantage based on cost was ignored until the reforms began in China. [/quote]
characters left
Name:
Get a new code