Mr Lou Jiwei: The tax system is unreasonable and it is fundamentally about reforming the tax system

The reporter asked if it would reduce personal income tax to stimulate consumption.

Lou Jiwei: The tax system is unreasonable, the 18-year plenary demands reform. It is unfair to raise the tax starting point simply and reform the tax system.
The following is a transcript:
China International radio and International online Reporter: Secretary Lou, our country individual income tax levy policy will change, will not reduce the personal income tax burden to stimulate consumption? Thank you.
Lou Jiwei: On the whole, personal income tax is faced with an unreasonable tax system. There are 11 categories of individual income tax levied in China. The 18-session plenary of the party demands that the reform be reformed into the individual income tax system combined with the classification, which is the comprehensive income tax system. Such a tax system is more scientific, it is not fair to simply raise the personal income tax threshold. I have answered that personal income of 5000 yuan one months, life can be good, if there is support, support, then the day is very difficult. Therefore, the most fundamental thing is to change the tax system. This is the 1th.
Secondly, under the existing circumstances, can there be any improvement? For example, we put forward at the end of the year the Occupational pension and enterprise annuity eet policy. In other words, in the payment of occupational pension and Enterprise annuity, the exemption of personal income tax, investment income is exempt from personal income tax, when the payments, pay personal income tax. This is a tax-deferred policy. Then, under the existing personal income tax system frame, gives certain encouragement, encourages the increase endowment insurance future safeguard degree, certainly also is advantageous in the current period consumption.