PPP KINGDOM

PPP KINGDOM

CHINA IS ABOUT TO SLASH INCOME TAXES FOR 60 MILLION PEOPLE

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Some 60 million Chinese will wake up newly exempt from income tax tomorrow morning, as the government tries to boost poorer peoples’ spending power and fuel sustainable economic  growth.

Though a few top earners will pay more, almost everyone else will get a break, according to Finance Ministry calculations.

China Shopping Crowd

http://www.businessinsider.com/chinas-about-to-slash-income-taxes-for-60-million-people-2011-8

Best Regards,

FINANCIAL WARRIOR

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