How much tax to levy? There are no easy answers
By Zheng Yangpeng | China Daily | Updated: 2016-02-22 08:09
As China prepares a fresh round of tax cuts, economists are airing different views on how much the society is, or should be, paying to the government.
Economists call a country's total revenues from all sources its macro tax burden, measured as a proportion of GDP.
In China, however, "government revenue" is a tricky concept, given the complexity of the revenue stream.
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