Some local governments such as Shanghai and Chongqing are eager to levy property taxes despite the "opposition" of many experts and people. What's the intention? Not long ago, some officials said that they could peek at its clues. 20 10 August, Xu Lin, Financial Secretary of the National Development and Reform Commission, bluntly said: the introduction of property tax will bring stable main taxes to local governments. Kang Jia, director of the Finance Department of the Ministry of Finance, also said that this tax should be mastered by local governments and cultivated into the main tax category of local governments. This can't help but make people suspicious: the local government's property tax is only in the name of curbing housing prices, but it actually increases the tax burden of the people and increases the fiscal revenue for local governments!
Moreover, there is no legal basis for local governments to levy property taxes, which is unconstitutional and ultra vires.