Microblog Insights

Topic 1: China raised the individual income tax threshold from 2,000 yuan ($309.28) to 3,500 yuan a month recently, which is 500 yuan more than that proposed in the original draft issued a few months ago. The new policy will be executed from Sept 1. The final amendment is partly a result of heated public discussion on the issue, with many citizens expressing their opinion that the threshold should be raised further than just 3,000 yuan when the original draft came out. Micro-bloggers are very active in talking about the upcoming policy.

DON'T HESITATE ANY MORE 918: I don't think the new policy means a lot if we take into account the continuously rising CPI (consumer price index). It would be much better if the government can regulate the prices of medical services, housing, food and necessities for life well.

STONE2219687225: If our salaries could go up a bit, I think it's acceptable for people to pay the personal income taxes. However, I wish that the price surge could come to an end, such as the price of pork. It really becomes quite burdensome for blue- and white-collar workers with the constant inflation.