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Hiking taxes wouldn’t seem difficult in the one-party state. But the Communist Party is sensitive to public opinion, and taxes are as politically fraught in China as anywhere else.

Hong kongJi xinyuJia kangZheng shuangShi zhengwenJason miChina academy of new economicsMinistry of chinese academy fiscal sciencesPresident xi jinpingCommunist partyState councilChina academyNew supply side economicsFinance backed chinese academyFiscal sciencesTax law