Those in China Not High, Says Dr. Kung Nanking, July, 21, Phe general, conception "that the newly-enforced income tax rates are high was disputed by De.
Kung, Minister of Finance, in an foicndea, "lower than' those in today, They are,
Great Britain, the United States, SeRecording, to the. British system, riy, and. Japan,
pet Keung, said, the income tax every patud. of annual Income starting "from £100." Bxcessive tax is levied on nett Incomes Exceeding £2000. annually. In the United: States, 4 per cent, tax ts imposed. on. an" annual neti-income of Biss g1t00, and for nell Incomes. exceeding US. $400, tax rates vary from 8 to 80 per cent. In Germany, per cent lz Imposed on an ann uni nett income' between. ME, 1,100 lid. M8000 and for nett incomes exceeding Int, 600, the rales. vary from 125 to. 40 per cent. In Japan, Stax of from 08 per cent, to 36 Ricomes" exceeding Y800-~Central cents is imposed' on annual nett News.
Text read from the printed page and cleaned; old type leaves the occasional error.