Fix tax legislation

With so many big issues dominating this year's legislative season, a call for improved taxation for China's capital markets may understandably draw little attention.

However, political advisers are still commendable for submitting a proposal at the ongoing session of the Chinese People's Political Consultative Conference on adjusting taxation related to the country's stock market.

The Beijing Olympics, soaring inflation and a plan to streamline the central government are all high on the agenda. Though not as eye-catching as these topics, the call for a stamp tax cut demands equal attention from both the related government department and legislators.