Xuren: Reducing the tax burden on low-and middle-income earners this year

Source: Internet
Author: User
Keywords This year taxes low-income earners
Tags added business business tax consumption consumption tax cost group high
People's Day Beijing, March 7 (People's Daily Front report group) 14:30 today, the four National People's Congress Press center held the theme "Fiscal policy and related issues" press conference.  In response to a reporter's question, Treasury Secretary Xuren said that this year it would be appropriate to raise the cost deduction standard for personal income tax, adjust the tax structure rationally, reduce the tax burden of the middle and lower income earners and strengthen the adjustment of high income. Xuren said that this year to deepen the reform of the tax system, according to the five-year master plan, in some of the productive services sector to carry out value-added tax reform pilot, at the same time reduce business tax, from the system to gradually solve the problem of the tax policy on goods and services is not unified. For example, in the field of building installation is a business tax, its upstream steel mills, cement plant is a value-added tax, the middle of the fault, the next step to expand value-added tax to the field of productive services, to solve the problem of the tax policy on goods and services, and further promote the development of the service industry. Further improve the consumption tax system, will be part of environmental pollution, a large number of energy consumption, resources, products and some high-end consumer goods into the scope of the levy of consumption tax. To further improve the personal income tax system, this year should be appropriate to improve the income tax deduction standard, reasonable adjustment of tax rate structure, reduce the tax burden of low-income earners, strengthen the adjustment of high income.
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