Yuritopiaposadism [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish · 2 months agoAmerican science to soon face its largest brain drain in historybigthink.comexternal-linkmessage-square24linkfedilinkarrow-up160arrow-down11cross-posted to: hackernews@lemmy.bestiver.se
arrow-up159arrow-down1external-linkAmerican science to soon face its largest brain drain in historybigthink.comYuritopiaposadism [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish · 2 months agomessage-square24linkfedilinkcross-posted to: hackernews@lemmy.bestiver.se
minus-squareblame [they/them]@hexbear.netlinkfedilinkEnglisharrow-up3·2 months agoSo is there very little (or no?) income tax?
minus-squarexiaohongshu [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up5·edit-22 months agoOnly ~5% of the population (~70 million people, or ~9% of total workforce) have to pay personal income tax, because most people don’t even reach the minimum income needed (5000 yuan/month, or ~$700 USD/month) to qualify for income tax payment. The wealth disparity is huge.
So is there very little (or no?) income tax?
Only ~5% of the population (~70 million people, or ~9% of total workforce) have to pay personal income tax, because most people don’t even reach the minimum income needed (5000 yuan/month, or ~$700 USD/month) to qualify for income tax payment. The wealth disparity is huge.