【禁聞】小心陷阱！專家解讀中共新一輪財稅改革| #中國禁聞

China's economy continues to decline, facing financial difficulties and local debt crisis. The Chinese Communist Party has plans to change the percentage of the central and local taxes. Critics believe that this can only prove that the local government's finances have collapsed, and the CCP's rule is in danger. The purpose of the tax reform is to save the regime, not the economy. In 1994, the Chinese Communist Party government implemented a tax system reform tax system, established the State Tax Bureau and the Land Tax Bureau, and then drew up a percentage. In 2014, it deepened the tax system reform. At the end of last year, the CPC Central Committee proposed a new round of tax reform. After the reform of the tax system, the reform of the tax system was once again followed by the outside world. The Chinese Communist Party wants to change the distribution system of central and local taxes. And as the top issue of the Three Central Committees, what does it really solve? It's the tax issue. It's not about solving the economic problem. This can only show that, first, the local government's finances have collapsed, and the CCP's rule is in danger. It has to change. Its purpose is to save the government, save the regime, not the economy. Opinions point out that the deepening of the tax system reform in 2014 is still ongoing. At this time, a new round of tax reform is clearly based on a new financial economic situation and challenges. Mainland economists believe that improving the balance between central and local authority and power is a major consideration for the deepening of the tax system reform and the establishment of a modern financial system. Since 2022, due to the relatively low performance of the real estate market, land sales have been at a low point in history. How to deal with the financial capital gap caused by the decline in land tax revenue has become a difficult issue to avoid. On the surface, it looks like it's more legitimate to regulate the distribution of central and local taxes. But there is a very critical problem. What is it? Now, most provinces are not paying taxes. In the first two years, six provinces were able to support the whole country. Now, it is said that only Shanghai is able to support the whole country. In fact, it shows that there are not many provinces that can support the whole country. So at this time, it is either to expand the government's debt or to open up the source. The source does not mean economic development. The source means expanding the tax source. According to reports, from January to April 2024, the national government fund budget income was 13,484 billion yuan, which was 7.7% lower than last year. Among them, the national land use tax revenue was 10,536 billion yuan, which was 10.4% lower than last year. In the growth of local fiscal revenue, the strong expenditure is not reduced. Local fiscal revenue is out of balance. In the past, it was based on the constant increase in debt to operate the government. Now he wants to turn it into a government operation by tax collection, local finance and central finance. But the problem is that it is not the right time to change now. Now that the economy has fallen, it is a bit inappropriate to want to change it now. In general, such a downturn may have a greater impact on the economy. Anyway, it is to maintain the final result. After three or five years, the activity of the whole tax machine and the activity of the economy will be lower and there will be less tax revenue. U.S. economist David Huang said that after 2014, the CCP has increased the reform of the tax system, further shrinking the power of local taxes and the range of revenue. U.S. economist Qin Peng said that for the new tax reform of the Chinese Communist Party, be careful not to fall into their trap. Recently, it has been reported that many local governments in China have begun to check the taxes of private enterprises for 30 years. Many enterprises have been fined a huge amount of money. Some enterprises have closed due to this.