From Chinese media
Calls to lower 17% tax on steamed bread
Updated: 2011-02-21 10:39
By Zhang Jiawei (chinadaily.com.cn)
Steamed bread sold in supermarkets is taxed as high as 17 percent and should be lowered, according to a proposal to be delivered to the Chinese People's Political Consultative Conference (CPPCC).
"Steamed bread is not like sea cucumber, the lack of which won't affect people's living. But it will be hard for them to make do with not eating steamed bread," said Pan, whose company has to bear a 17 percent taxation rate.
Pan said the government has done a lot to ease people's cost of living and to tame price increases, and the most "scientific, direct and effective" way will be to cut steamed bread tax.
The annual plenary sessions of the CPPCC and the National People's Congress (NPC) will be held in March.
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