Local authorities should cut spending
Updated: 2013-06-28 19:46
(chinadaily.com.cn)
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Instead of arbitrarily charging and collecting, local governments should examine expenditure, said an article in China Youth Daily (excerpts below).
Because of the economic slowdown, many local governments can't make ends meet.
The key to solving the problem of a revenue shortage is not arbitrarily collecting taxes, but cutting unnecessary spending.
Under the circumstances of an economy that is facing a period of slowing growth, local authorities should cut expenditure.
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