A Measure to Fight China’s Worsening Income Distribution ()
Abstract
China’s income distribution has worsened along with its rapid economic development. It is suggested that the government issues an ID card with a chip and store money in the chip as calculated by a formula based on tax revenues. People can use the money stored for consumption. The measure is likely to prove an effective tool in bringing about a direct and immediate improvement in income distribution.
Share and Cite:
Hsiung, B. (2013). A Measure to Fight China’s Worsening Income Distribution. Chinese Studies, 2, 89-91. doi: 10.4236/chnstd.2013.22013.
Conflicts of Interest
The authors declare no conflicts of interest.
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