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Personal Income Tax
Directions: You are allowed 30 minutes to write a composition on the topic Personal Income Tax. You should write at least 120 words, and base your composition on the following instructions.
1. Explain the above table.
2. Tax is very important to our country.
3. It is everyone's legal duty to pay tax.
Personal Income Tax
The above chart shows the tax rates for personal income over RMB1,000 per month. The tax rates are divided into 9 stages. The lowest rate is 5% for the income between 1,000 and 1,500, while the highest rate is 45% and the difference between each stage is 5%. Therefore, the higher the income is, the more tax we should pay.
Tax is very important to our country, which can be used in the public services, such as education, road construction, public health and so on. As we all know, tax makes up a great part of our country's revenue, and the development of our country depends on it. From what has been discussed above, we can see that it is everyone's legal duty to pay tax, because it means making contributions to the country and everyone can benefit from it. Those who try to dodge and evade taxation are sure to be punished, In a word, paying tax is our responsibility for society.