President xi jinping and other leaders joined more than 2800 representatives in the great hall of the people to vote on nine measures. The delegates passed a budget which will raise the fiscal deficit to a record high of 3 gdp. But nearly 300 voted against it. Observers say the results reflect a clash between those who want more stimulus and those concerned about the widened deficit. They adopted other measures with bigger majority. China lower its annual growth target to 6. 5 for the next five years. It pledges to lift more than 50 Million People out of poverty. Premier li keqiang addressed concerns that chinas economy is headed for a crash. Translator as long as china maintains its policy of reform and opening up, the economy will not experience a hard landing. Li says the government will push ahead with reforms targeting overproduction in heavy industries and stateowned firms. For more insight our colleague spoke with nhk senior commentator who is in beijing. She asked him about the
In october of 2013 headline Marty Sullivan picked out how the worlds Biggest Companies avoided billions in taxes, here is how he wants to stop them. What did you think of that . Guest it was a quite flattering article. It was great that after all of these years of digging through the data, me and my colleagues at tax analysts, we were getting more recognition. Host here it is. I have it on my lap sunday october 27, 2013. You are in a garage. When did steve pearl p stein get interested in the story . Guest he contacted us in the middle of the story. We had trouble getting together. There was a Government Shutdown and caused traffic jams and snowstorms and finally we got together for an interview. He came to my garage and we sat there and drank coffee and talked about five or six hours. Host what do you do . Guest im an economist. I work at tax analysts. I write articles every week on tax issues. Host what is tax analysts . Guest tax analysts is a nonprofit, nonpartisan organization. It
More recognition. Host here it is. I have it on my lap sunday october 27, 2013. You are in a garage. P stein getve pearl interested in the story . Uest he contacted us in the middle of the story. We had trouble getting together. There was a Government Shutdown caused traffic jams and snowstorms and finally we got together for an interview. Came to my garage and we sat there and drank coffee and hours. About five or six host what do you do . Guest im an economist. Analysts. Tax i write articles every week on tax issues. Is tax analysts . Uest tax analysts is a nonprofit, nonpartisan organization. It is headquartered in falls virginia. Now we are very well established, we have 200 employees. There are journalists, lawyers, economis editors. S, we have capitol hill correspondents. We have a network of world. Pondents around the and in all 50 states. Host who pays for it . A nonprofit. We dont get any contributions that im aware of. Any grants. E funds ourselves through subscriptions to ou
October 27, 2013. You are in a garage. When did steve pearl p stein get interested in the story . Guest he contacted us in the middle of the story. We had trouble getting together. There was a Government Shutdown and caused traffic jams and snowstorms and finally we got together for an interview. He came to my garage and we sat there and drank coffee and talked about five or six hours. Host what do you do . Guest im an economist. I work at tax analysts. I write articles every week on tax issues. Host what is tax analysts . Guest tax analysts is a nonprofit, nonpartisan organization. It is headquartered in falls church, virginia. Now we are very well established, we have 200 employees. There are journalists, lawyers, economists, editors. We have capitol hill correspondents. We have a network of correspondents around the world. And in all 50 states. Host who pays for it . Guest we are a nonprofit. We dont get any contributions that im aware of. We dont get any grants. We funds ourselves
The current income tax system punishes the economy, imposes heavy compliance costs on taxpayers, rewards special interests, and makes America less competitive. A flat tax would dramatically reducethese ill effects and move the system closer to where it should be:raising the revenues that government demands in the leastdestructive and least intrusive way possible.