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Pay and Play: Taxing China
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 402 no. 8770 (Feb. 2012)
,
page 27-28.
Topik:
International
;
Economic Development
;
Property Taxes
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.70
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The vast city of Chongqing in south-west China is famous for its hills, which punish the knees, and its skyline, which strains the neck. The metropolis, straddling the Yangzi river, is sprawling outward as well as upwards, and its municipal government is keen to capture more of the value created by its rapid development. A year ago it pioneered a tax on large single-family homes and new luxury flats. Some 1,400km (870 miles) downstream, Shanghai also imposed a tax on luxury second apartments. Such property taxes are common elsewhere in the world, championed by economists, resented by homeowners. But in China, they are a novelty.
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