The Current System of Personal Income Tax Calls for Prompt Revision

BEIJING’Srevenuefrompersonalincometaxin2001was8billionyuan,anincreaseof42percent,andtheamountoftaxreceivedfromhigh-incomeearnersincreased2.6fold.FromSeptembertoNovember2001,high-incomeearnerspaidtaxesof60millionyuantheyhadpreviouslyevaded.Inthefirsthalfof2002,Beijingdefineditskeytaxpayers,thatis,thosewithanannualincomeexceeding100,000yuan.Accordingtothisdefinition,thetax-payingsituationofatleast30,000peopleisundercontrol.RevisionstotheInpidualIncomeTax