Kang: Real estate tax and resource tax will be the pillar of local fiscal revenue
Source: Internet
Author: User
BCC Beijing March 14 News According to Economic sound "world finance" reported that this year's government work report has a large piece of content, is to achieve "protect people's livelihood" this goal set. To achieve the protection of people's livelihood, we need a lot of money as a guarantee. For each local government, under the condition of "land finance" being restricted, how to solve the source of funds is a big problem. Kang, director of the Finance Science Institute of the Ministry of Finance, said that local governments would no longer be the mainstay of local income by selling land in exchange for fiscal practice. Instead, the property tax and the resource tax will be the two main tax pillars of local finance in the future.
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