www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

chinadaily.com.cn
left corner left corner
China Daily Website

Tax revenue too high

Updated: 2012-07-16 13:28
( China Daily)

The exceptionally high growth in fiscal revenues for the first half of this year is eye-catching, especially considering the hard times the economy is facing.

While its GDP growth rate dipped to 7.6 percent in the second quarter, the lowest in three years, China's fiscal revenues for the first two quarters, the bulk of which are from taxation, grew by 12.2 percent.

And even though the economy has slowed, there was a 21.1 percent growth in corporate business tax revenues in June, much higher than its overall tax revenue growth in the same month.

This rise reflects the fact that some local governments stepped up their tax collection in June in order to meet their budgeted target for the first half of the year.

The tax bureau of a county in Gansu province, for example, managed to collect taxes equivalent to 32 percent of its budgeted target for the first half of the year in just 20 days, according to the China Business News report.

The tax collectors concerned said they had collected the taxes without abusing their power or adding to the tax burdens of local enterprises. But the fact that China's overall tax revenues have continuously increased in the past decade despite the fluctuations in the national economy is thought provoking.

Even in 2009, when it had to mete out massive spending to combat the fallout from the 2008 global financial crisis, the country achieved a tax surplus of more than 200 billion yuan ($31.27 billion).

Although it brings in quick money for the country to combat the economic slowdown, such an increase regardless of economic conditions is dangerous in the long run.

In times of economic difficulties, enterprises fall victim to reduced demand and a stagnant market. A stable and predictable taxation system, which takes into consideration the financial difficulties of enterprises, will help them ride out the downturn.

However, despite their claim that they are abiding by the rules, local governments seem to be tightening the screw on businesses making it even harder for them to navigate the uncertainties.

As the corporate sector holds the key to stable growth and job creation, a more predictable taxation system is a must.

 
8.03K
 
...
...
...
主站蜘蛛池模板: 欧美日韩国产综合一区二区三区 | 午夜毛片不卡高清免费 | 草草在线免费视频 | 欧美精品久久久久久久影视 | 日韩一级片视频 | 中文字幕在线看 | 99久久99久久精品免费看子伦 | 亚洲成人综合网站 | 亚洲在线成人 | 一区二三区国产 | fc2成年手机免费共享视频 | 亚洲欧洲一区二区三区在线 | 九九在线精品视频xxx | 在线久| 日本天堂免费 | 成年人黄页 | 一级作爱视频免费观看 | 欧美区一区二区三 | 国产1000部成人免费视频 | 日韩一级视频在线观看播放 | 成人观看免费大片在线观看 | 国产孕妇孕交大片孕 | 国产精品久久久久影视不卡 | 人成免费网站 | 中文字幕一区二区精品区 | 亚洲国产小视频 | 亚洲欧洲日产国产 最新 | 色偷偷88欧美精品久久久 | 日本韩国欧美在线 | 日本视频在线免费观看 | 午夜毛片网站 | 韩国视频一区 | 精品久久久久久久久久中文字幕 | 久草热久草视频 | 久久公开视频 | 一及毛片 | 亚洲 欧美 激情 另类 自拍 | 亚洲男人的天堂在线观看 | 久久九九热视频 | 老人久久www免费人成看片 | 国产精品天堂avav在线 |