Chinese netizens expressed their discontent on the draft inheritance tax law as the proposed exclusion starts rather low at RMB 800,000 yuan. Instead of balancing the wealth gap, netizens believed that the new law is to steal money from the working middle class. More [1] from Offbeat China.
China: Netizens’ Reaction to Inheritance Tax Proposal
· Written by Oiwan Lam
Categories: East Asia, China, Law