As a 23 million population base of the metropolis, Shanghai, people&8217;s livelihood and medical and health expenses, the city is becoming the development of maximum pressure.
Second, we must consider is the feasibility of taxation and administrative efficiency. This concern are two. First, the property tax in accordance with market prices, the percentage of the assessed value of the collection method is not feasible, the market price will determine the assessed value is more subjective and higher operating costs. Second, , multi-suite how to identify, will have loopholes and so on. It should be said that these technical details do not constitute substantial obstacles. Home buyers in paying the deed tax, business tax, has come across , more suites and the issues identified in the real estate market prices. Moreover, the property valuation can also take the &8220;sub-regional sample of typical real estate assessment, the annual depreciation to determine the proportion of a unified, open the region for some time while the average transaction price of real estate between the two to lower, not higher&8221; route.
Shanghai Finance Bureau of the draft budget report, the city government fund revenue 225.5 billion yuan, city level governmental funds is 750 billion, of which, the state-owned land use right transfer income is 579 million, which is configured so the Government to sell state-owned land use right acquisition price of all land (city level of income).
The above three features of modern tax is separately charged by different types of taxes to the. Posed by the various months of the tax system taxes like a symphony orchestra. Although the common task of each tax revenues are obtained, but relatively speaking, direct taxes, indirect taxes have a greater adjustment than the distribution and the role of stabilizing the economy. Indirect taxes than direct taxes, the greater the role of the organization revenue.
January 19, at a press conference in Shanghai to participate in the Fourth Session of the Eleventh CPPCC Second Assembly speech, Tony Li Shanghai CPPCC member, said &8220;This year, the Shanghai government in improving the financial information disclosure will have a great forward, focus on promoting the public most concerned about public financial capital. &8221;
Since the reform and opening up the previous tax reform, almost all will gradually increase the proportion of direct taxes, indirect taxes accounted for reduced accordingly in order to achieve tax class or the general balance of tax allocation, as an important issue. But now, to 2009, for example, in the national taxes, including personal income tax and corporate income tax, including the proportion of direct taxes, but 28%.
Apple&8217;s Steve Jobs created the two brilliant, in every Apple product design and development aspects, including the launch of Apple Mac computers, iPhone cell phone and iPod music players and iPad tablet.
17 years has been to Shanghai, Fujian, Xiao Zhou Ning who has been as if to keep Shanghai as their second home, relatives and children are basically as in Shanghai, Chinese New Year are also often been in Shanghai, only to go back to worship the Ching Ming Festival about the passing away of the elderly.
How long will this leave, how will Steve Jobs, &8220;focused on health&8221;, are currently unknown.
Herve Leger
Therefore, in this sense, the exchange rate of RMB assets and the same direction.
2011, which the Shanghai municipal departments will be &8220;big money&8221;?
May be difficult to imagine most people in Shanghai and the surrounding Zhou Ning County has 60,000, many of them in the steel trade and related industries, and weekly County less than the county&8217;s population of 20 million people.
January 20, 2011, Shanghai&8217;s &8220;two sessions&8221; closed in winter snow.
&8220;In addition to tax revenue, city level, nature and more importantly a government fund revenues &8211; which account for the bulk of land transfer.&8221; Shanghai People&8217;s Congress, Shanghai, Wang, chairman of Real Estate Development Co., Ltd. told the quarter Baohong reporter.
Listed in the Application Development Center hospital after health department budget spending &8220;big&8221;, followed by Shanghai Municipal Education Commission 10,390,000,000; Shanghai Water Authority 4.6 billion; Shanghai CST 3.48 billion; Shanghai Municipal Agricultural Commission 2.5 billion. Obviously, medical science and education on public utilities (2089.946,28.95,1.40%) and other livelihood expenses, the metropolis has become the biggest expenditure.
Fellow villagers to do business
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I have said before, when the renminbi devaluation trend? Maybe it happens if the two would be. Because it has shaken the RMB assets held by &8220;ith.&8221;
Apple CEO Steve Jobs (Steve Jobs) announced yesterday that due to physical problems will leave the company once again.
In Jobs &8220;leave&8221; period, Apple&8217;s chief operating officer Tim Cook (Tim Cook) will be responsible for Apple&8217;s daily operations.
The belief of many homeowners today are the future assets to appreciate, to have the price spread. This is the investors can ignore the value of housing held by the use of motives.
January 16, Shanghai Mayor Han Zheng said the government work report, the Shanghai government to the maximum efforts to promote open and transparent, and increase efforts to take the initiative to open, comprehensive and rigorous implementation of the relevant State Council departments, public provision, and strive to achieve the country.
Real Estate New Deal more than 9 months, prices are still high above around. As China&8217;s land resources are limited, the existence of urban and rural economy, urbanization is still under way, and with the Government of the Hong Kong similar to the system, we may be difficult to see high prices collapse.Belstaff outletOr in other words, high prices have some reasonable, so long as we build public rental, supply enough, take the Hong Kong, Singapore road (high commodity prices, while large numbers of people live in public housing), nor not. After all, the construction of public rental housing land will be diverted to reduce the housing supply; also the financial strength of the government, higher demands: less land, housing and more. In this case, only from the expanded tax base considerations, or more sets of high-end affluent heads of household real estate property tax has a positive meaning.
Apple iPhone 4, with iPad and invincible, soared more than 50% of market value,Belstaff outletfor the first time to replace Microsoft as the world&8217;s most valuable IT companies. The whole market is looking forward to this year, Steve Jobs introduced iPhone 5 and iPad 2.
Aside tax property rights and reasonable expenditures like the big differences, only consider the technical issues, we prefer the latter view. The property tax itself is a useful attempt, is not it help stop housing prices and reduce local government reliance on the land transfer, can try to say. We all know that taxes have a free, mandatory, taxpayers nature to be offensive tax. The proportion of residents own homes is relatively high, the growing group of wealthy, some people worry that opposition to property tax is normal. As a pilot, a more modest property tax plan may well be sound choices can reduce the implementation of the resistance. In the future when the time is ripe, and then expand the scope of charge too late.
Tony Li suggested that high degree of public concern related to people&8217;s livelihood project budget information should be further refined.
Search the department budget summary shows that the new Standing Committee of the General Office to increase the city, the municipal government office, the General Office of Municipal Political Consultative Conference &8220;three room&8221;, the annual budget expenditure of about 100 million -2 million between the three departments in 2011 The total budget of 3.98 billion.
At the same time, Tony Li on behalf of the Shanghai Municipal Revolutionary recommendations, these reports are only available during the General Assembly, delegates in just a few days to read this budget information will inevitably get, should improve the consideration of financial budget deputies sufficiency, high public concern involving people&8217;s livelihood project budget information should be further refined.
The Shanghai land transfer in 2010 total revenue is still unknown
Therefore, the RMB &8220;internal and external depreciation of appreciation&8221; is still with the inevitable logic of economic analysis.
Kangding Road, Shanghai No. 2 is located in Shanghai, Shen Kang Hospital Development Center, the jurisdiction of more than twenty municipal tertiary hospital Shanghai, Shanghai is the cause of the preparation of departmental level, according to earlier media reports, the center is only 38 permanent staff, but in control of public hospitals around 200 billion of state assets, application development center health hospital budget in 2010 amounted to 20.1 billion.
In recent years, China has fully or partially completed, or is expected to start in the near future reform of the tax, essentially an indirect tax. Personal income tax and direct taxes such as property tax reform is lagging behind. The current tax systechristian-louboutincoach_ Christian Louboutin committeem in China,Christian Louboutin outletdirect taxes accounted for the high proportion of low and indirect taxes, the configuration between the two very uneven.
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Theory from the tax law to determine property taxes or not to implement the following standards.Christian Louboutin BootsThe first is economic efficiency, property tax is conducive to effective allocation of resources and effective operation of the economic system. A property tax is a property tax. The main purpose of taxes is to set up property taxes for certain property to play a regulatory role. The so-called regulation, specific to the property tax body, is to increase the cost of a property to suppress real estate, store room. Can not achieve this effect? Depends on whether these taxes will reduce the investment cost of the purchase demand. The current limit control means such as loans, raise the down payment ratio and interest rate restriction, the main focus is to &8220;hinder investors to buy a house&8221;, or likely to be abused and lead to either the profitability of investors have little effect. China is currently low interest rates for deposits and loans, investment goods not rich, and relatively high inflation rate, investors managed to buy a house, hoarding up the cost of real estate to be very low, while the annual charge and the &8220;rising&8221; of the property tax is expected to fill on the short board.
In 2003, Steve Jobs, during a routine physical examination, to identify parts of pancreatic cancer, but vegetarianism Jobs resist surgical treatment, adhere to the diet, was delayed until June 2004 was received pancreatic surgery. Operation, which lasted over six hours, complete reconstruction of his digestive tract.
CPPCC members Tony Li said that the current financial reporting of these data are general data, is difficult on the budget on behalf of members of specific composition and adequacy of arrangements to make judgments.Herve Leger Bandage DressesRecommends that the Government in expanding the public service category information disclosure, we should pay more attention and gradually increase the detailed disclosure of financial information.
Now, 90 years from the last century into Shanghai from the Fujian venture army has occupied the Shanghai construction steel market share of 70% of the trade, while 70% of which is the control of Zhou Ning.
Belstaff Bags
Shanghai Finance Bureau in the &8220;on budget performance in Shanghai in 2010 and 2011 draft budget report&8221;,Belstaff outletsaid the state-owned land use right transfer expenditure of 57.53 billion yuan, according to state regulations, mainly for land acquisition and relocation compensation expense 42390000000 yuan, 10.16 billion yuan of urban construction spending. Among them, the arrangement of urban low-rent housing security expenditure was 16.5 million.
After 30 years of reform and opening up, and this round of global financial crises, China&8217;s tax reform has reached a major turning point mark. In the current series of major challenges of economic and social issues, the &8220;second five year&8221; period of tax reform should be based on the tax system must also be adjusted or the reconstruction of the overall pattern.
&8220;In ct, in the public sector budget in areas such as Shanghai, Guangzhou and other cities has come to go ahead,&8221; Shanghai University of Finance and Professor of Public Economics and Management Ripa told reporters, &8220;Shanghai to do a lot.&8221;
Starting in 2008, Steve Jobs weight loss and other issues appear.Herve Leger Bandage DressesJune 2008 appear in an event at Apple, Jobs was wasting a lot of the body, has triggered a renewed speculation that his health problems. But Jobs was &8220;comfort&8221; investors, said the weight loss caused by hormone imbalance caused by the loss of protein.
First, capital of China to immediately release the key controls. To some extent, is a synonym for the renminbi is overvalued yuan freely convertible. I go to Hong Kong some time ago, bought a McDonald&8217;s burger set to spend 22 dollars, the same package to 25.5 yuan in the mainland, the real purchasing power of the RMB has a discount of 20% or more. Relying on non-freely convertible RMB, and capital items control, holding at this nominal price only. If the current mainland residents and businesses with open RMB into foreign currencies to foreign investment restrictions, the circumstances which have arisen in it? Who would go to flower around the City of London the price of apartment to buy Beijing Fourth Ring of general merchandise apartment? We will make rational choices.
China is currently low interest rates for deposits and loans, investment goods not rich, and relatively high inflation rate, investors managed to buy a house, hoarding up the cost of real estate to be very low, while the annual charge and the &8220;rising&8221; of the property tax is expected to fill on the short board.
Tony Li said, &8220;At present, government departments have not disclosed financial information on a unified standard, Shanghai should improve disclosure norms of financial information, disclosure of financial information can also be accompanied by text description and explanation of technical terms.&8221;
In my opinion, &8220;second five&8221; The overall objective of tax reform during the orientation should be: built up suitable for China&8217;s direct tax system, and on this basis, gradually increasing the proportion of direct taxes, and ultimately the balance of direct and indirect taxes layout income in order to establish a financial organization, regulating distribution and stabilize the economy in one of the &8220;functional&8221; tax system.
In my opinion, the current should take into account other aspects of reform needed at the same time,Belstaff outlet
Who is the big department budget
Another reporter from the Shanghai Municipal People&8217;s Congress to understand the &8220;two sessions&8221; before the opening of the Shanghai People&8217;s Congress representatives dedicated to a number of related areas of the budget report to do the training, held in Reading will be a budget report, and invited the Finance Bureau is responsible for key people to interpret.
christian-louboutincoach_ Christian Louboutin committee,According to the just concluded census,Christian Louboutin outletthe current resident population of Shanghai has exceeded 23 million, to maintain the operation of such a large city, how much money needed?
U.S. currency during this period increased by how much?
The function of modern tax can be summarized as: organizational income, regulate distribution and stabilize the economy. Of course, the basic functions of revenue for the government to obtain revenue. However, it is involved in the distribution of P and a revenue for the Government in the process,Herve Leger Bandage Dressesin ct, changing the original distribution pattern of P and national wealth distribution pattern of the original. Therefore, the tax the other two very important functions is to regulate the gap between rich and poor residents and the smooth, economic fluctuations.
The second is that the initiative to implement effective economic slow down, or remove the real exchange rate appreciation that the &8220;potential.&8221; The pressure of RMB appreciation because of the inherent essence of ultra high-speed economic growth, while slowing means that the credit crunch need strict, long-term interest rates to curb investment to the impulse elevation, especially the local government&8217;s financial needs, restructuring the economy to endure the growing pains.
Reporter combing the &8220;on budget implementation in 2010Christian Louboutin committee, Shanghai, and 2011 draft budget report&8221; and &8220;Shanghai municipal department budget in 2011 (Summary)&8221; (hereinafter referred to as the department budget) and other reports, some related to urban management Key financial data suced.
Affected by this news, the German stock market intraday on Monday,Christian Louboutin outletApple shares dropped 7.7%, to 240.10 euros (about $ 319).
Moreover, the existing residents of a tax to individual taxpayers,Christian Louboutin Pumpsthough, but because it is the implementation of classification and the use of indirect tax collection and management system approach &8211; withholding system, therefore, not only with part of the direct tax on the full sense of quality.
Over the past 8 years, China&8217;s money supply 18.5 trillion from the end of 2002 rose to 72 trillion by 2010, up 3 times, China&8217;s rapid industrialization drive the nominal economic output rose by 2 times, such as land and property like a sponge the amount of money taking the overflow.
&8220;Kidnapping interest rate (interest rates caused by hot money)&8221; in China has always been a habit of misunderstanding.Herve Leger SkirtMore people said they believed it was true. The real economic logic is this: money is coming in the bubble and the spread of the stroke, rather than spread. If the domestic firm slowdown and curb asset bubbles, the pressure of cross-border capital flows will reduce the appreciation pressure will ease. An Empirical Study of China&8217;s economic data showed that the import growth rate and (foreign exchange increment &8211; the trade surplus-FDI) showed strong positive correlation with non-deliverable forward exchange contracts (NDF) strong positive correlation, import growth is usually considered corresponds with the domestic demand (investment goods) increase or decrease. Empirical data shows that the past few years, when the domestic macro-control coded, suppressed domestic demand (import deceleration), the cross-border capital flows will be reversed, the money began to decline into the country and even overseas outflow. This is the choice of market investors. And internal logic of the economy consistent.
Summary of the department budget alone, the Shanghai Finance Bureau has just listed some of the data in general, as a large number of deputies in terms of non-financial professional, Shanghai needs to read this account, the existence of considerable difficulty.
Shanghai, the financial report shows that in 2010 the city&8217;s local fiscal revenue 287.36 billion yuan, up 13.1% over 2009.
129 municipal departments, the biggest budget comes from a non-administrative nature of the sector &8211; Shanghai Development Center Health Hospital, and its total requirements in 2011, spending 23.5 billion budget,Christian Louboutin Pumpsa percentage to account for a large sector of the three Total plate one.
Shanghai Municipal People&8217;s Congress Standing Committee, NPC Budgetary Work Committee Deputy Director Wang told the news in 2009, more than 30 departments listed in Shanghai&8217;s budget in 2010 increased to more than 100 department&8217;s budget, some City departments are listed came in the budget .
Shanghai People&8217;s Congress as a class, naturally acquired consideration of Shanghai city level land transfer purposes, while the remaining funds, were scattered in a dozen districts of Shanghai, by the district-level People&8217;s Congress for consideration.
Shanghai Finance Bureau, said the department budget summary, 2011 to consider the department budget sent to Congress, the municipal budget from 100 departments continue to expand to 129, covering all the competent authorities of the municipal budget (except for special provisions of national law .)
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Herve Leger
I believe in logic,Christian Louboutin shoesI do not believe that macro-economists are enthusiastic vision (1:5 on the future of RMB against the U.S. dollar, or even 1:3).
Herve Leger
To all employees in an e-mail Apple, Jobs said: &8220;At my request, the Board of Directors has approved my sick leave. So I can focus on my health problems. I will continue as CEO, and to participate in Apple major strategic decisions. &8221;
Belstaff Boots
Planing to retain the tax district, Shanghai city level yields a total of 139.3 billion yuan this year, and this is the Shanghai-level departments can use the &8220;pocketbook.&8221;
Details should also be open
272 pages thick in the Shanghai level department budget summary shows that in 2011, Shanghai 129-level departments, a total of 76 billion yuan of funds needed to maintain its operations and related fields.
News was informed that this year&8217;s National People&8217;s Congress of Shanghai Finance Bureau submitted to the department of materials, in addition to representatives of each staff a &8220;Shanghai municipal department budget in 2011 (Summary)&8221;, there are 129 departmental budgets, by budget the preparation of the competent authorities, the Shanghai Financial Bureau printed, group discussions on each delegation group hall for inspection by the delegates.
The logic is understandable: China&8217;s capital and asset price revaluation of siphoning off excess currency, U.S. dollar makes it super-t than the yuan, it shows a strong and appreciation of the renminbi.
It is said that Chongqing&8217;s property tax rate of high-grade commercial real estate current market prices may be 0.5 to 1.5 percent, an annual levy. This tax rate should not significantly affect the demand for high-end housing of the home, as these buyers usually live from rich, strong capacity to pay, but the purchase of investment demand for greater impact. Investors to price, cost-sensitive, after all, they generally will use the financial leverage, and often changed hands trading. When their ratio of 3 percent down payment, real estate tax rate is 1%, the initial funding of its share of the tax is about 3.33%, in other words, each year will affect the investment yield 3.33 percentage points.Herve Leger DressesHolds a large area within two years of second-hand housing transaction deed tax, a tax, business tax and stamp duty for at least 4% of the total, the highest 11%, property tax levy, the transaction costs of 5% -13%, 9% -50% increase. Even if investors can pass the cost to buy their own homes who occupied a small amount of the total demand will decline, resulting in reduced volume of real estate price rise, which will cause some harm to investors, because of its declining liquidity on hand, ultimately affect the price.
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&8220;Shanghai this group of hospitals, many of the operational needs of grants and funding applications to the deployment of health, behind Shanghai residents of the entire medical and health stability.&8221; Shanghai University of Finance and Professor of Public Economics and Management Ripa said.
Min Zhou County is located in the
According to this year in January announced the end of 2010 the market value of 500 global data, the global IT industry, Apple&8217;s market value climbed the throne of top end of the year.
It is worth mentioning that the draft budget did not announce the city level county government land transfer revenues, so the whole of Shanghai land transfer in 2010 the total revenue is still unknown. China Real Estate Information Group calculated data show that Shanghai&8217;s land transactions in 2010 amounted to 153 billion yuan, many representatives from the Shanghai real estate industry members said that the data base does.
Jobs in sick the last time in 2009. To July 2009, leave the past six months later, Jobs returned to work. In the meantime, Steve Jobs received a liver transplant. Market investment research firm Collins Stewart analyst,Christian Louboutin Pumpssaid Steve Jobs back at the helm of this in the past 10 years under his leadership revitalized the company, investors will be pleased. Some investors had worried about Steve Jobs will not come back.
M2 growth in the U.S. by 53%, while the United States the most broad money M3 rose to the moment from 9 trillion to 13 trillion dollars,Christian Louboutin outletan increase of 45%. The name of the U.S. economic output over the same period rose 36%, since the U.S. financial tsunami has shrunk by over 40% of assets, almost back to 2000 levels.
While in Shanghai, has been called &8220;the king of steel trade,Christian Louboutin outlet&8221; the Shanghai New Japanese Investment Group Chairman and President of Steel City, Songjiang, Shanghai Xiao Shou, or a day to deal with most fellow. Every day, excessive investment in Shanghai Xiao steel market at home, speaking in dialect can keep doing business, because he had business dealings with related businesses, and most of his fellow.
This is expected to start soon disappear? Unshakable belief that money is the result of over-land and real estate from the stream out.
&8220;I love Apple, I would like to post back as soon as possible.&8221; Jobs said.
In terms of sector needs 2011 129 calculated using 760 million, which occupied the city level is about 55% of the plate.
Wang said that the department added this year include: Municipal Organization Department, United Front Work Department, Commission for Discipline Inspection Party School, the Taiwan Afirs Office, municipal authorities, social work party, the General Office of Municipal People&8217;s Congress, Municipal Government Office, the General Office of Municipal Political Consultative Conference, etc. These are the first public sector budget, in addition to some of the units provided security departments, the current municipal government departments to achieve the full coverage of the submitted budget.
This loss of land
Recently, the property tax pilot concern. Chongqing municipal government has identified the introduction of high-grade commercial property taxes.Christian Louboutin outletAnother source said the Shanghai version of property tax increment will only be room for the introduction of the second set. Property taxes around the pilot, there are two completely different point of view. One view is that property tax is a financial dispute with the people, neither to curb rising housing prices, it will not reverse the over-reliance on land the local government fiscal situation. Another view against each other, more modest pilot program that the effect may not be apparent only.
During this period, nominal exchange rate of RMB against the U.S. dollar appreciated by 23%.
to implement comprehensive and classified a combination of personal income tax system and the introduction of property tax and the end of the property to maintain levels of no-tax status as a breakthrough, and build suitable for China&8217;s direct tax system. On this basis, the gradual increase in direct tax revenue in the proportion of the whole.
However, some representatives of non-related fields and members in the ce of complex financial reports these figures, it becomes powerless.
Now has become saturated sponge. Once the sponge is no longer absorb water, even out of a crash out of the (asset prices down), devaluation of the Renminbi will be inevitable.
So, not to say that the RMB will not devalue,Belstaff outletbut over the short term to see the low probability of two policy options.
Shanghai people&8217;s livelihood, medical and health expenses, the city is becoming the development of maximum pressure.
October 9, 2009, Shanghai Finance Bureau once said that &8220;state secrets&8221; refused to disclose to the citizens to apply for municipal departmental budgets, has caused public uproar. After two sessions in 2010, the Shanghai Financial Bureau will review the department budget submitted to Congress, more than 30 extended from 100 departments.
Jobs, 56, health problems, more than once worried the people. His cover of this issue is now the idea has also been strong as before.
Time of misfortune, &8220;the local fiscal year, the broader market Shanghai surprisingly good.&8221; Shanghai People&8217;s Congress, a news that &8220;local revenue 2,800 billion, more than 2,200 billion in government funds, the two pen add up to more than 5,000 billion. &8221;
Source: http://www.60382.com/news/default/nY8NbIUfsP.html
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