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Lang Xianping: Levying Property Tax Is Tantamount To Cutting Meat From The People.

2010/10/27 11:14:00 51

Property Tax Lang Xianping Is Illegal And People Cut Meat.


The industry generally believes that the property market regulation of "nuclear weapons". Property tax Professor at Chinese University Hong Kong Lang Xianping It seems that the collection of this tax is different from that. People cut meat


Lang Xianping said that the real estate tax is simply Wrongful Under the condition of inadequate supervision, the Levy of property tax will only result in the abuse of power and greater corruption by local governments. He thinks that money is hot lava, and the government can't get money out of tax revenue. The money will be like magma, looking for the weakest place. The final result is hyperinflation and economic collapse.


The effect of the housing market remains to be seen. When the majority of people are hoping that the real estate tax will be introduced to control the market, Lang Xianping's remarks will undoubtedly arouse thousands of waves in the industry.


Lang Xianping said recently that "the real estate tax is cloudy, and China's property market and stock market will not be good." But whether the real estate tax will come out, I don't know. What I can say is that the real estate tax is simply not legal! "


When it comes to why the property tax is illegal, he said that the legal basis of all tax collection is that you earn money, share it with the government or society, and have to repay the society. However, the real estate tax is to be collected when people do not earn money. People living in their own houses do not create income, which means that the government cuts meat directly to the people. Moreover, it is not ordinary meat cutting. Take Hangzhou as an example, the annual revenue of the municipal government is 40 billion yuan. Once the tax is levied, the revenue will reach 50 billion yuan. Under the condition that the supervision is not in place, the tax will only cause the abuse of power and corruption of the local government.


Lang Xianping said: the concept of China's real estate tax comes from the United States, but the purpose of the US real estate tax is to raise the price of property. Many people in China, including many scholars, do not know what role the property tax plays in the United States. They blindly advocate advocating this tax, which is very dangerous.

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