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Current Events > China calls for rich to give back more to society, curbs on excessive income

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Shablagoo
08/18/21 1:35:51 PM
#1:


KEY POINTS

  • Chinese President Xi Jinping led a meeting Tuesday that emphasized how the country would focus on moderate wealth for all, rather than just a few, state media said.
  • Planned measures included curbs on excessive incomes and encouraging the wealthy to give back more to society.
  • In his first public chairing of a meeting since late July, Xi also called for preventing major financial risks.


https://www.cnbc.com/2021/08/18/chinas-xi-emphasizes-common-prosperity-at-finance-economy-meeting.html

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"If you wanna grow your business you need to exploit more." ~Austin_Era_II
"Out of those two? Racist for me... easily." ~Vicious_Dios
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KhlavicLanguage
08/18/21 1:36:34 PM
#2:


"Encouraging"
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dj1200
08/18/21 1:40:58 PM
#3:


KhlavicLanguage posted...
"Encouraging"
this

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"It was so ridiculous and I have so many feelings about it."
-Virtual Energies
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1337toothbrush
08/18/21 1:41:56 PM
#4:


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Solar_Crimson
08/18/21 1:42:51 PM
#5:


I do agree that the rich should definitely pay their fair share. None of this tax-evading, tax loophole and off-shore account nonsense.

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I often wonder if we are growing as a people... or in fact, regressing.
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Vicious_Dios
08/18/21 1:43:04 PM
#6:


KhlavicLanguage posted...
"Encouraging"

"That'll improve my social score!"

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S / K / Y / N / E
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Squall28
08/18/21 1:43:48 PM
#7:


No wonder China stocks have been taking a beating.

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You can't go back and change the beginning, but you can start where you are and change the ending.
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Criminalt
08/18/21 1:43:50 PM
#8:


It's just a wink and a nod to the super-rich to hide their money better.

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Take me to the dark
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Trelve
08/18/21 1:45:25 PM
#9:


But of course this new rule doesn't apply to high ranking members of the CCP, that would just be madness.
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