Through the Sino-US tax reduction plan, we can understand the true and false tax reduction

§ Real tax cuts. On April 26, the Trump administration announced a tax reform plan. According to this plan, the United States will significantly reduce the corporate tax rate from 35% to 15%, and the personal tax rate will be reduced from 7 to 3, which are 10%, 25% and 35% respectively. In addition, the tax threshold has almost doubled, and the income tax threshold for a couple will rise to $24,000 in the future. The new tax reform plan will also abolish taxes such as inheritance tax, Obama medical insurance tax, and alternative minimum tax, and cancel a number of tax reduction policies.

US Treasury Secretary Steven Mnuchin said that the president is determined to reduce the taxation, fully release the energy of the business community, maximize economic growth, increase employment and expand the income of the middle class. Regarding the possible surge in debt caused by tax cuts, Mnuchin said that the new tax reform program will promote economic growth and bring more fiscal revenue. The program can effectively reduce the proportion of debt to GDP. On the same day, the Speaker of the House of Representatives, Paul Ryan, the Senate Majority Leader Mickey McConnell, the Senate Finance Committee Chairman, and the Chairman of the House Ways Committee, issued a joint statement to support the new tax reform program. The statement said that tax cuts for individuals can make American families have more wealth. Tax cuts for businesses can create more jobs. All Americans will benefit from it.

Of course, the tax reform plan proposed by the government must be approved by the National Assembly, but it is just the embryonic form. Does it cause all kinds of envy and hatred of SME owners and taxpayers? I will definitely understand it after reading it. This is a real benefit to the people! There is no trace of muddy water, cut ice and cut snow!

§ Half-covering. Envy of the United States, let us surrender our eyes on April 19, a week ago, Premier Li Keqiang chaired the State Council executive meeting, decided to introduce further tax reduction measures, and continue to promote the real economy to reduce costs and increase the stamina. The meeting proposed six measures. For some tangible and non-existent scenes, let us simply ignore them.

First, continue to promote the reform of the camp and simplify the structure of the VAT rate. From July 1 this year, the VAT rate will be reduced from four to 17%, 11% and 6%, canceling the 13% tax rate; reducing the VAT rate for agricultural products and natural gas from 13% to 11 %. At the same time, the original deduction of the agricultural products purchased by the deep processing enterprises of agricultural products will remain unchanged, and the tax burden will be increased due to the reduction of the deduction of the input.

The second is to expand the scope of small and meager enterprises that enjoy corporate income tax benefits. From January 1, 2017 to December 31, 2019, the upper limit of the annual taxable income of small and small-profit enterprises will be raised from 300,000 yuan to 500,000 yuan, and the income of small and small-profit enterprises that meet this condition will be reduced by half. The amount is subject to corporate income tax at a preferential tax rate of 20%.

The third is to increase the pre-tax deduction ratio of research and development expenses for small and medium-sized enterprises. From January 1, 2017 to December 31, 2019, the proportion of R&D expenses actually incurred in the development of new technologies, new products, and new technologies for SMEs will be increased from 50% to 50%. 75%.

§ Article analysis. Under the explanation, the reason why the good six articles are only posted in the first three articles is because the contents of the last three articles about the pilot city and personal commercial health insurance are really very fragrant. It makes people feel like they are being filled with three cups of warm water. Drinking water is not bad, and it is good for your health. But with the current economic fundamentals struggling in the mud, it is not enough for some private enterprises that are in need of care to make some minor adjustments. The real tax cuts should be like the Trump’s above, the general and substantial reduction of the tax rate, that is the real cure for medicine, rather than lingering in the face of a cup of cold and cold water.

Wear a magnifying glass and look for highlights. Well, Article 3 raises the pre-tax deduction ratio of research and development expenses for SMEs from 50% to 75%, which is the biggest highlight of this tax reform. Under the national conditions of 7-8 million college students each year, this article Can alleviate some of the employment pressure. As for the second article, increasing the taxable income of small and micro enterprises from 300,000 to 500,000, the symbolic significance is greater than the actual significance. 200,000 is put in the eyes, then, is there any dispensable feeling? In this era of banknotes, the 200,000-seat car is entry-level. The New Year’s Eve catches a rabbit, and if it hasn’t been in the New Year, is it still New Year?

The last one in the list is the last one. It seems to be the biggest highlight of this tax cut. It’s really meaningful to think about it in detail. It’s even worth pondering. I’m going to break it up and you’ll conclude after reading it. . This article is to adjust the VAT rate to 17%, 11% and 6% third gear, cancel the 13% tax rate, and reduce the tax rate of agricultural products and natural gas from 13% to 11%.

First, the tax cuts are for industries such as natural gas. You may wish to think about it. Who is controlling the energy and even the basic livelihood data of this country? When you slap your head, of course, it is a state-owned enterprise. Is it a monopoly? Administrative monopoly means huge profits, and the price itself is outrageously higher than the normal market price. Two percentage points of tax reduction is not the same as that of a small cow. It is better to directly lower the price per cubic meter and let consumers get real benefits. More bright and uplifting?

Secondly, 13% and 17% differ by 4 percentage points, while 13% and 11% differ by only 2 percentage points. It is clear that the tax rate decline is less than the increase. This is also why many policy decisions seem to be very sloppy on the surface, very close to the people, but when you implement it, you find that it is impossible to get benefits. The original intention of the system designer is not that, how can the recipient of the policy get that? If you don’t understand it, you may wish to think differently. If the policy maker really wants the people to get benefits, can you cancel the 17% file directly? This article reminds me of the management method for catering to monkeys. The total amount is fixed, and the number of three meals is adjusted. Although the monkey turns angry, it is not a monkey!

Finally, the goods that were previously taxed at 13% are not just the agricultural products and natural gas mentioned, but also other commodities. What does this mean for the specific taxation department? If you are smart, you will suddenly realize that many goods that have been taxed according to 13% can implement the new tax rate of 11% after the tax reform, but is it possible to enforce the 17% tax rate? Not in violation of the rules. I have to worship the Chinese studies again, and the winding path is quiet and the zen room is dark and wow!

§ Hazelnuts and radishes. At this point, I remembered the former siege of Mr. Qian Zhongshu. There is a book in the book. The person who rushes the scorpion usually hangs a radish on the door of the scorpion, so that the scorpion thinks that he can eat it further. So I ran forward desperately, but ran to the end, or I couldn’t eat radishes anyway. This is evident from the ingenuity of the scorpion’s mentality and the ingenious design methods. Well, then, the author is talking about it, but I don’t say anyone.

After reading such a delicate design, I would like to praise the relevant departments, and I have to admire their deep understanding of the truth and the ingenuity of the means of learning and using. The author is even a bit puzzled. Have you ever read Sun Tzu’s art of war? Dealing with the Chinese people, Chinese studies can not be lost.

§ Recalling the United States. The United States is a country that relies almost entirely on consumption to drive economic growth. By making real tax cuts, it will leave more profits to enterprises, so that enterprises can calmly improve workers’ treatment, and have more funds to develop new products and further expand. Investing, in turn, provides more jobs and creates more social wealth. For families and individuals, tax cuts are as good as possible, so that citizens can be more able to consume. This is why the United States has never avoided any ‘economic hard landing’ or ‘economic crisis’. Instead, it has always been vigilant and even exaggerated its economic risks because its economic growth is based on national consumption and has Endogenous and sustainable. It is the excellent design of the system that allows the United States to stand proudly in the world for centuries!

§ The root cause of high tax burden. Aside from the group within the system that is ignorant of the economic climate, and the insatiable people who are insensitive, more and more people of insight have begun to realize that the economy after 2012 has been structurally contradicted. Living in the throat, every step of the way seems to falter. As for the bright-eyed figures that don’t stand up to scrutiny, they simply don’t represent anything, and some even completely deceive themselves. Investigating its roots, relying on killing chickens and taking eggs to plunder private wealth, to support the government and state-owned enterprises inefficient investment, to stimulate economic growth and employment development model, has become more and more questionable.

The high-level is not unconscious. The physical manufacturing industry is the economic foundation of a country. At the ankle point of life and death, only large-scale tax cuts can make them survive. However, the bloated and inefficient administrative institutions, as well as the long-standing government-led market and economic model, have made it difficult to really reduce the financial burden of imbalances. When wool is on the sheep, the enterprise becomes the object of looting, even the family. And individuals are not immune, and the personal income tax reform has also become a complete payroll tax.

From the perspective of enterprises and families, the tax burden index of big countries has been well-known for many years in the world. If you don’t cut taxes, national enterprises don’t say that they are competing with multinational companies. Whether they can survive or not is a problem. On the family side, since 2012, high-net-worth individuals from the ruling and the ruling to the private sector have been transferring assets overseas in various ways. The official foreign exchange reserves have fallen from 4 trillion yuan to 3 trillion now. The illustration, if not the capital control that ignores the eating phase… How serious will the consequences be? The forced restriction of the free flow of capital is not a panacea. Under the policy of not allowing foreigners to enter, the FDI figures will not lie.

§ Heavy thinking about tax reductions. The call for tax cuts has been uninterrupted in the private sector, from structural tax cuts to lowering macro tax burdens. Tax cuts have changed and the pattern continues to evolve, but what is the real feeling of the company? From the call of Zong Qinghou to Cao Dewang, people understand very well. In stark contrast to the shouts of entrepreneurs, after the introduction of this tax reduction policy, the relevant departments are smug and self-singing. After all the measures are in place, the first four of this year’s pilot reforms will be launched. The monthly reduction of the tail is expected to reduce the tax burden of various market entities by more than 380 billion yuan.

Remember the situation after the increase in the camp last year? At the China Business Times Annual Meeting on December 17, 2016, Zhou Tianyong, a professor at the Central Party School, said that the corporate tax burden was too heavy. This passage was highly sensitive. If it was posted, it would be deleted. But if you are interested, you can find it. . The economist Ma Guangyuan directly blamed the structural tax cuts as a scam. The result of increasing or decreasing is that it increases more and less. The macro tax burden is rising, and the burden reduction becomes a slogan. ’

Compared with Mingzhe’s so-called ‘economist’ who is willing to stand for the vested interests, from the temple to Linquan, China has never lacked a straightforward and daring person. The problem is that people who know how to be confused can hear it. Go in?

The original article is from the public number ‘A-Gump sees the world’ ACM_KAKA22. (Source: Baidu Pictures)