Author: | Li, Chuncai |
Title: | We need common affluence (original in Chinese) |
Journal: | China Reform (c)
1999 : 7, p.12-14 |
Index terms: | INCOME DISTRIBUTION TAXATION PRICES INCOMES POLICY FISCAL POLICY CHINA |
Language: | chn |
Abstract: | The weakness of market severely restricts China economic growth. One of the important causes is the broad gap between the rich and the poor. Money is aggregated in the hands of minority persons. Unsound income, especially the existence of corruption, makes consumption abnormal, and disturbs the normal price order as well as economic order. Therefore, one of the important choices to walk out of the hot water is to timely adjust tax policy, narrow the gap between the rich and the poor, walk towards common affluence. |
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