Is the real estate tax really coming? The professor put forward the theory of "exempt area", and Hu Xijin gave a five-word suggestion
Property taxes are really about to start, and this is something that many homeless people have been waiting for for a long time.
The footsteps of the property tax are becoming clearer, and this is the long-awaited reform of the people. Over the years, whether the property tax will be introduced has been the focus of heated discussions in the society, and many people regard it as a ray of hope to regulate housing prices. Recently, news of property taxes has sprung up, with some suggesting that it may be unveiled in the next two or three years. However, many experts are more inclined to predict that the property tax is more likely to be officially implemented in the next five years than in the short term. For example, the Chinese Academy of Social Sciences pointed out in the "China Housing Report 2021" that during the "14th Five-Year Plan" period, the possibility of real estate tax landing is relatively large, but the probability of introducing it within three years is relatively small. Although there has been no property tax in the past three years, some cities have begun to pilot property taxes.
The reasons behind this are complex, but the main reason is that the full implementation of the property tax requires a series of tedious preparations, and the conditions for full implementation are not yet available. Ma Guangyuan, a well-known economist, also holds a similar view, believing that the property tax is more likely to be introduced in the next five years, and the probability of being introduced in the near future is small. However, it is worth mentioning that the property tax has been fully piloted under the "authorized pilot" method, which fully demonstrates the country's firm determination to promote the property tax. Although the current property tax has not yet formed a legislative draft and review, it is foreseeable that the introduction of property tax in the future has become the general trend and cannot be stopped.
There is still a debate about property tax!
Property tax, a tax on homeowners, is becoming a hot topic of public discussion. In the current real estate market, housing prices are soaring, but behind it is a complex interweaving of land values and home values. It is reported that the value of land accounts for as much as 60% of the house price, while the value of the house itself accounts for only 40%. As housing prices continue to rise, the value of land is becoming more prominent.
In this context, the way in which property tax is levied has become the focus of controversy. Whether to tax the total value of the house or only the value of the house itself has aroused deep pondering among many experts and scholars. If only the house itself is taxed, the impact on the burden on the population is relatively small. However, if the tax is levied on the gross value, there is a problem of double taxation. After all, the value of the land has already been reflected in other taxes, and it would be unfair to re-impose taxes.
In addition, the specific details of the property tax collection ratio, the area to be levied and the payment method have not yet been clarified. These issues are directly related to the implementation effect of the property tax in the future and the interests of the people. Because of this, many experts and scholars believe that the full implementation of property tax still needs to be further explored and prepared.
In this discussion on property tax, we are not only pursuing the fairness and reasonableness of taxation, but also hoping to find a solution that can not only promote the healthy development of the real estate market, but also effectively protect the interests of the people. Let us all hope that in this controversy, the property tax will gradually move towards a clearer and more reasonable direction.
When it comes to property tax, there are 3 aspects that people need to pay special attention to:
1. Property tax collection strategy
Property tax, this term has been fermenting in public opinion recently. Its collection is not only directly related to the vital interests of each property owner, but also a major embodiment of fair tax burden and social justice. However, for this policy to take root, careful planning and thoughtful implementation are required.
In this era of information explosion, why is it still difficult to collect property tax? There are two key factors behind this. First, the real estate data of major cities has not yet been fully networked, which undoubtedly brings a lot of obstacles to the expropriation work. Second, the value of real estate is volatile, even in the same community, the same building, the price of the house may vary due to various factors. Therefore, how to set a reasonable tax amount for each property has become a major challenge in the collection work.
In the face of these challenges, experts and scholars are constantly exploring new solutions. Meng Xiaosu, known as the "father of housing reform", proposed an innovative collection method called "receiving the house at sight and returning when witnessed". The core of this is that the property data is not yet connected to the Internet, the initial collection of each property, and after verifying the information, the erroneously collected tax is refunded in a timely manner. Although this plan is simple, it also needs to be supported by a clear and fair collection standard.
2. What is the standard for the collection of real estate tax?
On the issue of property tax collection, the collection standard is undoubtedly the most concerned issue for the public. So, how exactly is this standard set? At present, there are no specific regulations on the standard of property tax collection. But we can learn the logic behind it from relevant policy documents and expert advice.
For example, Finance Minister Liu Kun proposed in the article "Establishing a Modern Fiscal and Taxation System" that the promotion of property tax should adopt a gradual strategy, first in some cities on a pilot basis, and then gradually extended. This line of thinking reveals the future development path of property tax collection. At the same time, Zhang Xuedan, an expert in finance and taxation, also provided us with some specific suggestions. He proposed the concept of "exempt area" and suggested a tiered tax rate for collection. He believes that the exempt area of "40~60 square meters" should be set, and on this basis, it should be levied at a rate of 0.3%~1.2%. This suggestion provides a valuable reference for us to understand the standard of property tax collection.
In addition, a report by China Economic Weekly also revealed another important information about the collection of property tax. Some experts predict that the standard of property tax collection in the future may be controlled within 1%. This prediction not only reveals the possible trends in property tax collection, but also provides us with a new perspective on how to understand the criteria for its collection.
3. After the introduction of the real estate tax, what should people who hold multiple suites do? Hu Xijin suggested in five words
With the property tax approaching, multi-home owners are starting to feel a lot of shock, because it will directly increase their financial burden. However, at this critical juncture, Hu Xijin, a well-known person, published an article on October 24 this year that provided an in-depth interpretation of property tax, which provided valuable inspiration for the general public.
Hu Xijin made it clear that the state has made up its mind to implement the property tax, and this policy is already on the bow and imperative. However, he stressed that the implementation of the property tax will not be fully implemented all at once, and will definitely be piloted in some cities first, and then gradually rolled out to the whole country. Such an arrangement takes full account of the economic affordability of the general public, and strives to maintain balance and fairness in the implementation process.
For owners of multiple suites, Hu Xijin advises people: keep a normal heart. Although the implementation of property tax will undoubtedly bring them a certain amount of economic pressure, it is also a manifestation of social responsibility. For those who just need to buy a home, they may be able to avoid the burden of property taxes, and even if they do, the amount may be relatively small. In this way, the impact of property tax on buyers who just need to buy houses is not great, but it can curb the speculation of the property market to a certain extent and create a fairer environment for buyers who just need to buy houses.
Hu Xijin's point makes us understand that although the implementation of property tax is inevitable, there is no need for the general public to panic too much. In the face of this change, we should look at it rationally and respond positively. After all, the ultimate purpose of property tax is to promote social harmony and achieve common prosperity. Let us hope that this policy can inject new vitality into the harmonious development of society on the basis of balancing the interests of all parties.
Once the property tax is implemented, how should people who own multiple homes choose? Economist Jia Kang gave a clear view on this: the situation varies greatly from city to city and from region to region. In addition to choosing to sell the property, another strategy is to consider renting it out. By renting out, you can not only balance the cost of ownership, but also bring you a stable cash flow.
So, what is your opinion on this issue? Do you agree with Jia Kang's view, or do you have other ideas?