China Ranks Third on ‘Tax Misery’ List – Li Fangchao

From China Daily:

China ranks third among the world’s most heavily taxed nations, according to the latest “Tax Misery Index” chart released by Forbes.

Forbes Tax Misery Index“, reflects how much of your paycheck you will take home after the government takes its cut.

China, with an index of 152, was eight points below last year’s figure. It was placed second last year. [Full Text]

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