Monday, March 27, 2006

china slaps taxes on luxury goods and wooden chopsticks The straits times 23 march

Consumption taxes changedto redress rich-poor gap and protect environment , CHINA will slap a tax on disposable wooden chopsticksand various goods ranging from yatchs to petrol , in an attempt to protect the environment and redress the gap between rich and poor . i think this is a very smart move done by CHINA , after the many complaints from other countries about its distribution of money . CHINA has finally stepped up to deal with the problem of its people, as although there are many wealthy people in CHINA, there are 10 to 100 times more people living in poverty.


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