Release date: 20 10-8-20
First, the main points of supporting property tax
1, which is conducive to curbing the excessive growth of housing prices. Through the collection of property tax, the holding cost of commercial housing holders is increased, the relationship between supply and demand is relatively balanced, and the house price returns to a reasonable level.
2. It can replace land finance. In fact, land transfer fees have become the second largest financial and extra-tax income of local governments. The pursuit of land transfer fees has become the driving force and engine for local governments to develop the economy, change the appearance of cities and transform the economic structure, which has led to the rise in house prices brought about by the rise in land prices. It is hoped that the property tax will gradually weaken the role of land transfer fees.
3. Improve the real estate tax system. The current real estate tax mainly focuses on the circulation link, but leaves a blank in the real estate retention link, which makes the tax system incomplete and plays an incomplete role. The society needs to adjust national income and property through the adjustment and reform of real estate tax system.
4. It can restrain investment speculation and unfair distribution of social wealth. With the rapid development of China's economy and the reform of housing system, the wealth of real estate has entered a large number of urban families, which has greatly changed the family wealth structure of ordinary people in China. But in the process, Matthew effect appeared. The pursuit of commercial housing leads to investment speculation. The unbalanced distribution of real estate wealth is not conducive to social harmony and social stability.
5. Speculative funds squeezing real estate investment flow from the real estate sector to the real economy. The excessive flow of social funds to the real estate sector has led to the kidnapping of the national economy by the real estate industry, depriving the younger generation of happiness and losing the attributes of public housing products, which is not conducive to focusing China's limited social resources mainly on the investment and development of the real economy.
Second, the main points against the property tax
1, the core of property tax is to use its coat to carry out property tax. China implements state ownership and collective ownership of land, which is quite different from western countries in levying property tax on the basis of private ownership of land. China people bought commercial houses in cities and towns, and paid land use fees for decades at one time. Many houses have been purchased with high quality, good location and high price, and the corresponding land use fees are also high. On the contrary, very few. The regulatory role of fees and taxes already exists.
2. Property tax will only push up housing prices through the transfer mechanism. The introduction of property tax will definitely impact the market housing price in the short term and reduce the demand for short-term housing purchase. However, due to the rising holding cost, this part of the holding cost will also be transferred to the next home with the transaction cost in the process of housing transfer transaction. Trading goods with high fees and taxes cannot have low exchange value. Just like every taxi price increase in the city, it will bring a short-term rapid decline in ride demand, but it will soon return to normal utilization and usage, and the effect of price adjustment is very limited. The result of taxi price adjustment protects the interests of suppliers and taxpayers, not the interests of buyers.
3. The levy of property tax should conform to the legal procedures of our country and should not take shortcuts. The introduction of a new tax should not simply follow the path stipulated by the government, but should follow the path of legislation by the National People's Congress. If some provisions of an existing real estate law and regulation have not been implemented for a long time, even if they are resumed, the government should report to the National People's Congress the reasons for the long-term non-implementation of the provisions and explain whether the law itself is unscientific. If it has been clearly stipulated in laws and regulations, such as "non-operating property owned by individuals" and "exemption from property tax", it is even more necessary for the National People's Congress to amend and explain the property tax when it is levied on all urban commercial housing owners. If the government wants to act and change, there is no reason to implement it immediately. There is no reason for the central government not to amend the law and allow local governments to carry out pilot projects without any basis. What's more, the property tax involves the personal property interests of 80% urban population and families in China. At least there should be a procedure for hearing the object of expropriation.
4. It does not conform to the spirit of "creating conditions for more people to have property income" proposed by the CPC Central Committee. Twenty or thirty years ago, urban residents in China basically had no real estate and property income, but today, in the family wealth of most urban residents (about 80% of the citizens), real estate wealth has occupied the bulk of the whole family wealth structure. This is the dividend shared by urban residents in urban development, and it is also the economic basis for urban residents to support the reform and opening-up policy of China's * * * production party. China city people just have their own family property, the total amount is not big, just live a good life, that is, twenty or thirty years. Why rush to levy property tax? The expectation of property tax has led to the divorce of the elderly, the division of family property, the late marriage of young people, the purchase of foreign real estate and the undercurrent of emigration.
5. The annual growth rate of national fiscal revenue and expenditure is much higher than the annual growth rate of GDP and urban and rural per capita disposable income. In recent years, the growth of national fiscal revenue and government administrative expenditure is mostly 30-40%, while the growth of China's GDP and urban and rural per capita disposable income is only about 10% every year. Under the background that the lack of supervision mechanism leads to the ultra-high growth of administrative expenses, why should we increase business tax first and then property tax? Why can't we levy property tax without increasing the total amount of real estate tax and adjusting the structure?
Li Zhanjun: Chief broker, financial analyst and chief financial management expert of large state-owned financial enterprises. He has a thorough understanding of the financial market and a profound analysis of the current economic situation and investment methods. He has been invited for many times to hold lecture tours on financial management in major cities across the country. He has considerable influence in the industry and is well received by scholars. He has held more than 200 financial trainings and lectures in nearly 100 domestic and foreign banks, insurance companies, securities companies, fund companies, universities, the public and academic institutions.