Beijing’s taxation secret helps the regime stay afloat
Beijing’s taxation secret helps the regime stay afloat
Udumbara
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China’s economy isn’t doing well. Many people, including government employees, are taking pay cuts, but the regime is still spending lavishly on strategic projects. Where does its money come from? The answer is high taxation. Let’s investigate how the CCP collects taxes. We’ll compare China’s tax burden ratio to that of the United States and Europe.
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