The Two Sessions hear the news | What new changes will the people's "money bags" have in 2022?

  China-Singapore Jingwei, March 10 (Zhang Shunan) "Resident income growth is basically synchronized with economic growth", which is one of the main expected goals for this year's development proposed in the government work report.

How might your income change in 2022?

Multiple channels to boost residents' income

  New latitude and longitude in the data map

  The level of residents' income reflects not only the operation of market entities, but also the basic situation of social consumption potential.

The government work report proposes to increase residents' income through multiple channels, improve the income distribution system, and enhance consumption capacity.

  People's Daily recently published a commentary saying that taking multiple measures to increase residents' income will create important conditions for unleashing consumption potential and provide an important driving force for promoting economic and social development. has an important fundamental role.

  On the topic of increasing people's income, the representatives also put forward suggestions.

  Wang Kang, deputy to the National People's Congress, member of the Finance and Economics Committee of the National People's Congress, and chairman of the China Taxation Society, said in a panel speech on the 6th that the distribution relationship between the state, enterprises and individuals should be straightened out, and the proportion of residents' income in the national income should be gradually increased.

  Bai Yingyu, a representative of the National People's Congress and an electric welder of Dongfang Electric (Guangzhou) Heavy Machinery Co., Ltd., suggested that all localities strengthen the guidance and services for the salary distribution of enterprises, implement the concepts and methods of salary distribution for high-skilled talents to enterprises, and guide enterprises to establish a sound and in line with high standards. The salary distribution system based on the characteristics of skilled talents will promote the improvement of labor remuneration for high-skilled talents.

  Hu Zucai, deputy director of the National Development and Reform Commission, said at a press conference held on the 7th that targeted employment assistance measures should be strengthened for key groups, so as to drive workers to increase their income with more adequate and higher-quality employment.

We will further improve social security, optimize the structure of income distribution, focus on increasing the income of low- and middle-income groups, continue to expand middle-income groups, and consolidate the foundation for expanding consumption.

  According to Lin Yifu, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and dean of the Institute of New Structural Economics at Peking University, China is only one step away from the World Bank's high-income country standards.

If it is calculated at the current exchange rate of RMB against the US dollar, it should be able to cross the threshold of 12,695 US dollars to become a high-income country by the end of this year. However, the threshold for high-income countries is calculated according to the current US dollar, and the US dollar exchange rate will fluctuate, so leave some leeway , it may be next year, and no later than 2025, China will definitely become a high-income country.

This will be an important milestone in human history.

How to do between "one increase and one decrease"?

  New latitude and longitude in the data map

  Tax cuts go hand in hand with revenue increases.

The government work report proposes to implement a new combined tax and fee support policy.

Minister of Finance Liu Kun said at the first "Minister's Channel" of the Fifth Session of the 13th National People's Congress that the scale of tax rebates this year will be the highest in history, about 2.5 trillion yuan.

  He introduced that the remaining value-added tax refund is the main measure to reduce taxes and fees this year. By refunding the tax that has not yet been deducted in advance, it will directly provide cash flow of about 1.5 trillion yuan for market entities.

At the same time, the central government has greatly increased transfer payments to local governments, helping local governments to ease the pressure on revenue reduction and ensuring that tax and fee reduction policies will take effect.

  "Financial departments will resolutely implement the decisions and arrangements of the Party Central Committee and the State Council, conduct precise research, refine policies, and do a solid job in relevant work, so that the 'real money' of tax reduction and fee reduction will fall to enterprises and benefit individuals as soon as possible. Realize the virtuous circle of 'releasing water to raise fish' and 'more water and more fish'." Liu Kun said.

  On March 8, the People's Bank of China announced that in accordance with the spirit of the Central Economic Work Conference and the deployment of the government work report, in order to enhance the available financial resources, the People's Bank of China will hand over the balance of profits to the central government in accordance with the law this year, with a total amount of more than 1 trillion yuan, mainly used for Tax rebates and increased transfer payments to local governments will support the relief of enterprises, stabilize employment and protect people's livelihood.

  Dong Mingzhu, deputy to the National People's Congress and chairman and president of Gree Electric Appliances, put forward "Suggestions on Raising the Threshold of IIT and Strengthening the Collection and Management of IIT for Non-Wage Income".

Dong Mingzhu believes that the lower individual tax threshold makes the profit of ordinary employees far less than the cost of enterprise expenditure when the company raises wages, which reduces employees' sense of gain and increases the cost of enterprises.

  Dong Mingzhu suggested raising the threshold for personal tax and improving the tiered tax rate.

At the same time, improve the tax supervision mechanism, increase the tax collection and management of non-wage income, innovate the tax supervision mechanism, rely on tax big data to accurately classify and supervise, severely crack down on tax evasion and other incidents that violate the principle of tax fairness, and promote social fairness and justice. Common prosperity.

  In addition, Wang Kang suggested optimizing the tax system structure, increasing the proportion of direct taxation, adjusting the taxation policies for capital, labor, and consumer groups, increasing the tax burden on high-income, high-net-worth, and high-consumption groups, and reducing the tax burden on low- and middle-income groups.

Solidly promote common prosperity

  The government work report proposes that we must adhere to the people-centered development philosophy, rely on common struggle, and steadily promote common prosperity.

  According to the government work report, this year, the central government will allocate 165 billion yuan of subsidy funds to promote rural revitalization in accordance with the principle of only increasing and not decreasing, with an increase of 8.476 billion yuan.

How are these funds spent?

The government work report clearly states that it will support poverty alleviation areas to develop characteristic industries, make overall use of public welfare jobs, provide food for work, etc., so as to promote the employment of poverty-stricken people and continue to increase their income.

  The delegates participating in this year's National People's Congress also put forward their own views when talking about the topic of common prosperity.

  Xie Fuzhan, a member of the National Committee of the Chinese People's Political Consultative Conference, president of the Chinese Academy of Social Sciences, and secretary of the party group, said that the long-term goal of promoting common prosperity and the short-term task of coping with economic fluctuations are inherently consistent.

On the one hand, promoting common prosperity inevitably requires improving income distribution, which is conducive to expanding domestic demand, promoting consumption and promoting development.

On the other hand, by properly coping with short-term economic fluctuations and achieving high-quality development, more material wealth, more jobs, and higher levels of employment can be created, people's income can be increased, government tax revenue can be increased, and the country's comprehensive national strength can be enhanced. Further promote the realization of common prosperity.

  Jin Li, member of the National Committee of the Chinese People's Political Consultative Conference and deputy director of the Department of Economics and Management of Peking University, said that it is necessary to coordinate and improve the parenting and pension security of residents' children, increase the adjustment of taxation and social security, narrow the income gap, and reflect fairness.

  Bai Jingming, a researcher and former vice president of the Chinese Academy of Fiscal Sciences, mentioned that expanding the middle-income group is an important guarantee for achieving common prosperity.

However, we must realize that expanding the middle-income group does not depend on the government's money, but on the development of enterprises, so we must implement larger-scale tax and fee reductions.

Specifically, this year is to implement the 2.5 trillion combined tax rebate policy.

(Sino-Singapore Jingwei APP)

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