Quotable

Updated: 2013-09-02 07:37

(China Daily)

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"Some of the taxation policies are outdated. Individual income tax poses a big burden on wage-earners, while the rich are not affected very much."

WANG DASHU, an economics professor at Peking University, told China News Service at a seminar on taxation reform recently. Experts suggested taxation should be cut for wage earners and supervision be strengthened over the high-income group.

(China Daily USA 09/02/2013 page3)

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