Wage earners say China’s personal income tax system is in dire need of change. Photo: AFP
Wage earners say China’s personal income tax system is in dire need of change. Photo: AFP

Like US and Hong Kong, China is cutting taxes for its middle class too

Threshold for personal income tax will be raised, but details yet to be finalised

Wage earners say China’s personal income tax system is in dire need of change. Photo: AFP
Wage earners say China’s personal income tax system is in dire need of change. Photo: AFP
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