Plea for household income tax

Several tax experts have suggested that individual income tax be changed to household income tax to reduce wage earners' burden, and higher taxes be imposed on the high-income group to establish a fair taxation regime, says an article in China Youth Daily. Excerpts:

Household, not individual, income determines the living standard of a family. Therefore, it would be fair to tax people according to their household income. The biggest advantage of household income tax is that it takes into consideration the actual expenditure of a family and is thus a fairer method of taxation.