Tuesday, December 25, 2007

China raises tax threshold to ease burden on poor (AFP)



Chinese construction workers stand in front of an advert for a new luxury property development in Shanghai, February 2007. China has proposed lifting millions of its citizens out of the income tax net to ease the burden on low-wage earners amid rising inflation, state press has said.(AFP/File/Mark Ralston)AFP - China has proposed lifting millions of its citizens out of the income tax net to ease the burden on low-wage earners amid rising inflation, state press said Sunday.




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