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The Mainland Working-Class Bear 65% Income Tax &Nbsp; Next Year, The Starting Point Is Expected To Increase.

2010/12/2 16:42:00 58

Personal Income Tax Reduction Tax Finance

With the continuous strengthening of inflation expectations in the market, the pressure of price rise next year is also growing.

Tax reduction

It has become an important part of fiscal policy.


According to the reporter's understanding, the two main directions of fiscal policy in 2011 are tax reductions in some areas and spending in many important areas.


In terms of tax reduction,

Individual income tax

The exemption is expected to continue to improve.


At present, the personal income tax relief is the monthly income of more than 2000 yuan levy, began in March 1, 2008 to implement this up standard.

Last year and this year's NPC and CPPCC National Committee, a number of NPC deputies and CPPCC members have appealed to raise the tax threshold to 3000 yuan.


It was reported that in early 2009, the Ministry of Finance and the State Administration of taxation had reported to the State Council the plan to adjust the exemption of personal income tax.

However, because of the great risk of the decline in revenue in 2009, the state will take this opportunity.

reform

Shelve.


"On the one hand, since the economic crisis, some countries in the world have already increased the personal tax relief. On the other hand, with the overall improvement of China's price level, the increase of personal income tax relief can directly increase people's income and have a good stimulating effect on consumption."

Yang Zhiyong, director of the Finance Office of the Chinese Academy of Social Sciences, told the newspaper reporter.


But for the magnitude of the increase in the tax exemption, Yang Zhiyong thought it might be "fine tuning" rather than the standard of "relief to 8000 yuan" proposed by some experts before.


According to the data provided by the General Administration of Taxation and the Ministry of finance, the proportion of taxpayers will be reduced by 5% when the tax threshold is raised by 100 yuan under current conditions.


If it will be adjusted, will it have a great impact on the national tax?


In this regard, Yang Zhiyong believes that the current scale of personal income tax is about 400 billion yuan per annum. If the personal income tax deduction is increased to 2500 yuan, the scale of individual tax will be reduced by tens of billions of yuan per year.


It is understood that 65% of the current personal income tax comes from the working class, and the increase of personal tax exemption can increase the income of the working class.

The income tax structure of our country is different from that of most other countries. In Singapore, Singapore's rich people, who make up 20% of the total population, contribute 93% of their personal income tax, which is basically borne by the rich.

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