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Author: | Zhou, Caiyu |
Title: | Promoting economic growth and structural optimization by increasing and readjusting resident income (original in Chinese) |
Journal: | Macro Economic Management (c)
1999 : 4, p.21-23 |
Index terms: | INCOMES ECONOMIC GROWTH CHINA |
Language: | chn |
Abstract: | Now it is proper time to increase resident income, especially that of the low-income residents and senior personnel. Some new policies should be drafted: to raise resident wages so as to expand consumption; to increase farmers' income and reduce their burden: to raise the subsidy of laid-off personnel and expand the scope of unemployment pension; to establish some special posts for the low-income residents to raise their income; to establish initial venture capital to help capable individuals and small enterprises to achieve success. To levy a tax on high-income residents, establish estate tax, interest rate tax and other new items of taxation. |
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