As we all know, the most stable and fundamental way to expand domestic demand and change the mode of economic growth is to improve the consumption level of ordinary residents. To make people happy and dare to spend, the key measure is to increase residents' income and let the people's pockets bulge. Not long ago, Zhang Ping, director of the National Development and Reform Commission, said that China will deepen the reform of income distribution, gradually increase the proportion of residents' income in the national income distribution, and increase the proportion of workers' remuneration in the initial distribution. Reducing the tax burden of low-and middle-income earners Since the beginning of this year, the adjustment of the "threshold" of personal income tax has once again become a hot spot of social concern. The working class called for raising the tax threshold, but most experts opposed it. They believe that simply raising the threshold will not reduce the burden on low-and middle-income people, and the high-income class will benefit more. So, is there a new way to increase the income of low-and middle-income people by reducing their tax burden? Fan Gang, an economist, believes that individual tax adjustment should be based on progressive tax rate system, and the tax burden of middle-income stage can be reduced by raising the current income tax rate. At the high income level, we should continue to increase taxes, at the low income level, we should continue to reduce taxes, and at the middle income level, we should let them go out and reduce taxes. The current nine-level progressive income tax rate can be simplified appropriately, for example, the taxable income of 5000-40000 yuan can be adjusted to a unified tax rate of 15%. This range includes most middle-income classes, and the uniform implementation of a lower tax rate conforms to international practice and is conducive to the formation of an olive-shaped social structure. Wei Jie, director of China Economic Research Center in Tsinghua University, recently put forward: "The state should increase residents' income from three aspects: First, increase tax reduction. This year, China will reduce the income of residents by 220 billion yuan, and it will increase to at least 500 billion yuan next year; The second is tax refund. Compulsory education was originally free, but it is becoming a heavy economic burden for many families. Mainly the school selection fee of up to 10,000 yuan. Whether the educational expenses can be refunded is a question worth pondering. The third is to raise the tax threshold. The threshold of personal income tax involves national tax and personal income of residents. The next step is to continue to raise the threshold, reduce the national fiscal revenue and increase the income of residents. At the same time, the formulation of tax threshold should consider regional issues. "Improving residents' property income is mainly labor remuneration, followed by property income. Property income consists of two parts, movable property income and real estate income. Movable property income refers to stocks, bonds, profits, interest, etc. And real estate income refers to houses, land, etc. Su Hainan, executive director of china association for labour studies and chairman of china association for labour studies Salary Professional Committee, pointed out that to increase residents' income, it is necessary to create conditions for more residents to have property income, that is, people who have no property income at present, including low-income people in cities and towns and farmers in rural areas, can also have opportunities and conditions to obtain property income. This will not only increase the income of residents, but also expand the middle-income groups in China, so that the broad masses can better share the fruits of economic development and social progress. Wei Jie pointed out that the property income of residents' income is too low now, so it is impossible for ordinary people to increase their income. It is found that more than 40% of American residents' income is property income, and labor income accounts for about 50%. In the income of ordinary people in China, the property income is only 1.8%. To increase property income, we must increase movable property income and real estate income, and then we must develop capital and real estate markets. Increasing farmers' wage income and rural residents' consumption demand is very important to stimulate the domestic market. At present, in the per capita net income of farmers, the proportion from wage income has reached 34%, which shows that in order to increase farmers' income, more employment opportunities and posts must be provided for farmers. Guang Xu Jian, a professor and vice president of the School of Public Administration of Renmin University of China, suggested speeding up the construction of rural infrastructure to create the necessary conditions for expanding farmers' consumption. The long-term slow growth of rural residents' consumption demand is due to the low income level and slow growth, as well as the constraints of consumption conditions. Due to the lack of running water facilities and sufficient electricity in many rural areas, some household appliances cannot be used normally, and the popularity of refrigerators and washing machines as urban necessities in rural areas is still very low. In addition, we should actively improve rural consumption expectations. When arranging the use of income, people will take into account the needs of providing for the elderly, seeing a doctor and sending their children to school in the future. Because the coverage of social security in rural areas is still relatively narrow, the price of medicines and medical expenses are rising constantly, and the education expenditure from primary school to university is quite expensive, and the immediate consumption desire of rural residents is seriously restricted. Su Hainan, who established the wage growth mechanism, believes that the increase in the proportion of residents' income mainly depends on the increase in labor remuneration. At present, the proportion of labor remuneration in the initial distribution is low, and the reasons are complicated, including the imperfect distribution system, the oversupply of labor in China's labor market, the weak position of ordinary workers in the market, the fact that capital can easily lower its price to obtain more profits, and the influence of market competition. Therefore, it is necessary to formulate relevant laws and policies to improve the distribution system, standardize labor relations, establish a normal wage growth mechanism and a payment guarantee mechanism, safeguard the rights and interests of workers' labor remuneration, and do everything possible to increase residents' income. Some experts pointed out that in establishing the normal wage growth mechanism of employees, we must first establish and improve the collective wage negotiation mechanism, which is the fundamental way to ensure the wage growth of employees under the conditions of market economy. At present, it is particularly necessary to create conditions to promote collective wage negotiations in regions or industries and solve the resistance and pressure that workers dare not talk about. Secondly, in combination with the implementation of the Labor Contract Law, we should implement the legal provisions of equal pay for equal work, so that the majority of migrant workers and workers with urban hukou can get the same labor remuneration in the same position, the same task and the same labor performance; At the same time, in state-owned enterprises, it is necessary to establish a linkage growth mechanism between ordinary employees and enterprise benefits and executive post salary to prevent the gap from being too large. You can go to Taobao Sichuan to read more related books, and the whole book is 30% free. http://item.tao.sc/Industry/BookConcern/Index.aspx