Tax Reform Vital for Deficit Reduction in Modern Economy
Tax reform in the past was revenue neutral, but today we need to raise more money. This means any new tax reform will be different from before, but it can still happen.
China's VAT reform creates inefficiencies and compliance costs, impacting national economy.
GST Revolutionizes Tax System, Unifying Manufacturing, Sales, and Services
Tax reform in China: Excise tax key to boosting local economy.