Otaku Finance is about money bags! Scholars interpret multiple channels to increase the income of ur

Mondo Finance Updated on 2024-03-05

The work report proposes that multiple measures should be taken to stabilize employment and promote income growth, and employment is the most basic livelihood. It is necessary to give prominence to the priority orientation of employment, strengthen the support of fiscal, tax, financial and other policies to stabilize employment, and increase the intensity of special policies to promote employment. Increase the income of urban and rural residents through multiple channels, expand the size of middle-income groups, and strive to increase the income of low-income groups.

Ding Changfa, an associate professor at the Department of Economics of Xiamen University, said that according to the division of the National Bureau of Statistics, residents' disposable income includes four parts, namely wage income, operating income, property income, and transfer income.

Ding Changfa mentioned that in terms of fiscal and taxation policies, through supply-side structural reforms, tax cuts and fee reductions, for example, a large number of our enterprises, especially small and medium-sized enterprises, have a large amount of tax reductions and exemptions, and if enterprises can stabilize the original employment scale, they can be given certain employment and social security subsidies. In terms of financial policy, from last year to this year, the capital market has been relatively large, and the public can obtain certain capital gains through the capital market. In addition, the 5-year LPR was cut by 50 basis points, which was a significant positive for real estate.

* The work report proposes that the minimum monthly standard of basic pension for urban and rural residents will be increased by 20 yuan, the basic pension for retirees will continue to be raised, the national overall planning of pension insurance will be improved, and the per capita financial subsidy standard for residents' medical insurance will be increased by 30 yuan.

Ding Changfa said that this is all transfer income, so that the middle and low-income groups have a greater increase and improvement in this part. The expansion of the middle-income group is conducive to promoting social stability, which is also to promote the expansion of the middle-income group through fiscal and monetary policies, and then strive to increase the income of the low-income group.

Ding Changfa believes that in order to promote the increase of income of low-income groups, the most important thing is transfer income and property income. To increase transfer income, it is necessary to improve social security, such as resident medical insurance subsidies and centralized drug procurement, so that low-income groups can reduce their spending in this regard; At the same time, in order to cope with the challenges of aging, we can continue to increase the basic pension of retirees, improve the national overall planning of pension insurance, and actively develop the third pillar of pension insurance. In addition, we can also increase investment in the family's upbringing, childbirth, and educational burdens, as well as left-behind children, and establish a relatively complete social security system.

Through these measures to effectively improve people's livelihood, improve the social security system, and promote employment, we will increase the income of urban and rural residents through multiple channels, expand the scale of middle-income groups, and strive to promote the income of low-income groups. Ding Changfa said.

Reporter Dong Xiangyi Produced by Chang Qinglang Otaku Finance) (For more reporting clues, please contact the author of this article: yukunhang@chinanews.)com.cn)

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