Chinese Studies

Volume 2, Issue 2 (May 2013)

ISSN Print: 2168-5428   ISSN Online: 2168-541X

Google-based Impact Factor: 0.41  Citations  

A Measure to Fight China’s Worsening Income Distribution

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DOI: 10.4236/chnstd.2013.22013    2,989 Downloads   5,772 Views  
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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.

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Hsiung, B. (2013). A Measure to Fight China’s Worsening Income Distribution. Chinese Studies, 2, 89-91. doi: 10.4236/chnstd.2013.22013.

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