It'S About Your Money Bag! Treasury Secretary Lou Jiwei Has Ten Main Points.

March 7, 2016, Minister of Finance

Answering questions related to "fiscal work and fiscal reform", Xiaobian arranged ten points related to the purse of ordinary people.

1, business tax to value-added tax.

In May 1st, the implementation of the camp has been fully implemented.

In the process of changing the camp, the actual tax reduction is going to be made. The plan to be prepared is that the standard rate of 17% does not increase. However, because all the real estate can be included in the deduction, there is no place without real estate. The pportation works and factories on both sides of the road and road are real estate, which can be deducted.

The reform of personal income tax is proposing a plan.

Lou Jiwei said that it is unfair to simply raise the threshold. The Third Plenary Session of the Third Plenary Session of the third party committee proposed the gradual establishment of a comprehensive personal income tax system.

For example, the deduction of personal career development and reeducation, for example, the mortgage interest rate of the basic housing, should be deducted, for example, what kind of stage is it to raise a child, whether it is compulsory education stage, or high school or university stage, it should be deducted.

Personal tax reform is complex.

First of all, tax administration is more complicated, then executed, and then implemented step by step according to the conditions. First, make some simpler parts, and then gradually improve it with the establishment of information system, collection and management conditions and habits.

3. Other tax items

In addition, the local tax system has not been established. The real estate tax is in the stage of legislation with the relevant departments in the Ministry of finance.

Some other local tax reforms are in progress and some are still in progress.

Moreover, some administrative fees have been reduced and some have been cancelled. Some of our budget reports say that the rate of collection is reduced to zero.

4, public services and key people's livelihood

Financial expenditure should ensure key expenditure and optimize the structure of fiscal expenditure.

In accordance with the principle of sustainable and basic protection, we should arrange the livelihood expenditure, strictly control the growth of the "three public" funds, or even reduce it, so as to ensure more expenditure to ensure basic public services and key people's livelihood expenditures.

The central infrastructure expenditure has been adjusted by five hundred billion this year, and the adjustment has been made. We should reduce those small and scattered projects and concentrate on those projects which belong to the central authorities, cross border areas, and have relatively strong public welfare projects.

5.

The expansion of preferential policies, such as small and micro enterprises, will continue to expand the scope of preferential policies and reduce revenue as a whole, reducing the burden on taxpayers and individuals by 500 billion.

For example, the camp changed to increase, and the camp changed to increase actually in the process of tax reduction, especially in the current, the real estate into the value-added tax deduction chain, is conducive to enterprises to invest, part of the investment can be used as a value-added tax deduction.

6, poverty alleviation

According to the goal of eliminating poverty, fiscal expenditure has increased expenditure on poverty alleviation and pfer payments in the old and poor areas.

Xiao Rong commentary: he is in the capital, but Xiao Rong is still very poor and seeks to help the poor.

7, employment and subsidies

It is financially appropriate to arrange for the placement of personnel in the process of capacity development.

In the prime minister's report, arrangements were made to arrange one hundred billion special award funds to support the expenditure on personnel resettlement in the process of production.

The budget is fifty billion this year and fifty billion next year.

According to the progress of work, the figures will be adjusted.

8, the central enterprises also need to go to capacity.

Referring to the capacity and personnel placement, Lou Jiwei pointed out that the central enterprises also need to go to production capacity, or there may be personnel resettlement.

9. Labor contract law

Lou Jiwei pointed out that the protection of enterprises and employees in China's labor law is unbalanced. Employees can fire employers, but employers can not dismiss workers, and can not encourage enterprises to spend money to improve their high skills.

In addition, the labor contract law based on the standard working hour system has more protection for the employees on the job. However, the actual employment of new recruits, especially low skilled manual workers, is discriminatory, which ultimately damages workers and reduces employment opportunities.

The purpose is to protect workers, but may eventually damage some workers' interests, and may also lead to the excessive rise in pay.

10, long term care insurance system

The "13th Five-Year plan" draft outlines a long-term care insurance system. Lou Jiwei said that the solution is being explored: first, centralized medical and health insurance; two is community-based, there are some wards in the community, some arrangements must be arranged, and three is home-based.

The system is mainly home-based, and then the community is concentrated. This is the overall system.

As for the source of funds, the government has a certain amount of support, and it also supports the current medical insurance.

As for whether there is a new risk, Lou Jiwei has not considered increasing the risk so far. "13th Five-Year" said it was to study how to do so.