Monday, September 7, 2020

Question on taxation in a socialist country


Hi all, I’m new to this sub and my understanding is that communism is the final stage, and most Marxist countries are practicing socialism before they transition fully into a classless society.What are the factors that influence taxation in a socialist country like China? From its corporate tax, individual tax as well as sales tax, is there a difference between the ideological purpose behind taxation in socialist nations as compared to capitalists ones? Are their corporate tax rates higher and are workers more willing to pay (be it in income tax or social security) into the system?If anyone has a source to recommend, that will be even better. Thank you all in advance! via /r/communism https://ift.tt/35fJ6H5

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