Xinhua Headlines: Proposed tax cut to ensure fairer income distribution in China

This cartoon shows that China will raise the minimum threshold for personal income tax from 3,500 yuan (about 544 U.S. dollars) to 5,000 yuan per month, or 60,000 yuan per year, as proposed by China's top legislature in a draft amendment to the Individual Income Tax Law on Tuesday. (Xinhua/Xu Jun/Shi Manke)