Jia Kang: It Is Recommended To Launch A Real Estate Tax Pilot Project.
December 5th morning news
finance
Jia Kang, director of the Ministry of Finance and science research, is present at the meeting.
enterprise
When the leaders' annual meeting answers the question of how to achieve the goal of income distribution reform, it is suggested that a system framework for imposing property tax on the link of real estate ownership should be launched.
Property tax
Launch a pilot project.
He believes that the reform of income distribution through antitrust and tax adjustment is also an effective way.
Jia Kang said that the first allocation will have many limitations in regulating the income level and faces some difficulties.
Raising the minimum wage level is now being done by all parts of the country, and it has been making great efforts, but the limited number of people who can enjoy the benefits and the excessive intervention in the minimum income level are contrary to the principles of market economy; and the political viability of Strengthening Trade Union forces is relatively low.
Jia Kang suggested that anti-monopoly reform for state-owned enterprises is a feasible way.
Although state-owned enterprises have made great contributions to the national economic construction, there are indeed excessive monopoly factors, resulting in social negative effects such as unfair complaints.
Through anti-monopoly reform, labor income will be enhanced.
Jia Kang also suggested that VAT should cover the service sector instead of its business tax.
And carry on the supporting reform of individual income tax, really make the low end income group benefit, at the same time increase the tax burden of the high end income crowd, and strengthen the redistribution.
In addition, Jia Kang also suggested that, in line with the current real estate regulation and control, the property tax system framework of real estate holding links will be launched to conduct pilot projects of property taxes.
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