Author(s)

Yurou Ma, Xinxin Shen

Corresponding Author

Xinxin Shen

Abstract

Capital is an important factor of production. Capital distribution is directly related to income distribution, In the process of common prosperity, it is of great significance to solve the problem of capital allocation. At present, capital enjoys excess profits, differentiation of capital accumulation, asset price bubbles, and declining population growth challenge China's capital allocation pattern. The government intervened in capital distribution through administrative means in history and the Antitrust Practice of the western society both failed. In the new era, we should adhere to the "two unwavering", improve the property income tax legislation, encourage fertility and advocate three-time distribution, take multiple measures to optimize China's capital distribution pattern and promote common prosperity.

Keywords

common prosperity, capital distribution, investment preference, turnover tax