CHINA TOPIX

11/22/2024 11:04:11 pm

Make CT Your Homepage

Department of the Treasury: Property tax should be executed

2013-7-25 4
(Photo :Jia Kang, director of the Institute Ministry of Finance Department)

The Property tax can stabilize the price of house. Limit purchase and limit price are temperate plan.

Like Us on Facebook

High house price is the hotspot topic in the society. Even though the government set many policies to deal with this situation, they are not efficient. Property tax is considered a suitable way in the process of housing revolution. And property tax can contribute to long-term stable house market.

The officer in Department of the Treasury said that property tax is a necessary way to deal with high house price. The higher the price of the house, the more tax the government get. Then the government can use the tax to build house for low live standard people.

Property tax revolution is a topic had been discussed for a long time. But we can not treat property tax as a way to beat house builder. We want to deal with this problem positively and stable. In this case, there won't be too much foam and negative strike.

Additionally, there is space for house market. The development of house market also stimulates the conflicts. Even though the living standard is increasing, the imbalanced salary is more serious. But we can just adjust property tax in the big direction of revolution.

Now, the situation stimulates unsatisfied comments around the country and the gap between rich and poor is bigger. To both problems, property tax is the key.

There are four positive impact: 1 it adjusted the tax system and decrease the tax for low living standard people.2 it solved the problem that there's no mature tax system around whole China. 3 it helps the new policy for house control to change from the root. 4 it release the pressure of the salary gap.

Real Time Analytics