Taxes need legal status to prevent the picking of people's pockets

FU YING, THE SPOKESPERSON OF THE NATIONAL PEOPLE'S CONGRESS, the top legislature, said the NPC will push for the legalizing of taxes so the principle will be established by 2020 and all new taxes will be approved by the NPC or its Standing Committee. Comments:

Comprehensive legislation on taxes will not only promote social justice, it will also boost economic prosperity, because only when people are confident that no one can get their hands on their money without the backing of the law will they be motivated to produce anything. This is especially important for China today, as it is facing an economic slowdown and implementing accelerated reforms.

china.com.cn, March 5