Title: A Research on the Role of Income Distribution of Personal Income Tax
Abstract:Personal Income Tax is one of the important tools for the income distribution in China.Nowadays, the government focus on improving the people's livelihood,which makes tax cuts for low - income people ...Personal Income Tax is one of the important tools for the income distribution in China.Nowadays, the government focus on improving the people's livelihood,which makes tax cuts for low - income people become the mainline of Chinas personal income tax reform.In the reform of the reform,because of the drawbacks of purely increasing the exemption,there is a need to combine the increase of the exemption of the salary income with the revision of its tax rate and bracket.Only in this way can we truly make the low - income people shared thetax cutsof the personal income tax.Even so,there are also obvious limitations for the personal income tax to achieve the equity of income distribution.Read More
Publication Year: 2011
Publication Date: 2011-01-01
Language: en
Type: article
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