All counties and cities say that they need to hoard house taxes. Is it true? See if the land price has been adjusted in the announcement.

Recently, many local governments have talked about the need for differential housing tax rates (commonly known as "local housing tax"). Someone asked me what I think about this matter, but honestly it is difficult to verify. After all, the city government said that it may not be proposed, and they do not know how the tax rate will be designed. Even if the tax rate is designed to be advanced, the parliament may not pass it. The process can be dragged on for half a year or even longer, but as long as the mayor comes out and says, "I want to start working," it will first gain a wave of media buzz.

Overall, I will be cautiously optimistic, at least wait for the version to come out and then review it. However, Taichung Mayor Lu Xiuyan said yesterday that "the hoarding tax will definitely be implemented", but there is a quicker and simpler way to see if it is true.

Real estate holding tax is "tax base multiplied by tax rate", that is, in addition to the tax rate, the tax base is also very important. Taichung significantly lowered the announced land price (land price tax base) by 20.06% in 2019. The Supervision Yuan's investigation report pointed out that the reduction "is not in line with social justice and causes tax impact. Fiscal discipline should be improved. The Ministry of the Interior and the Taichung City Government are requested to review it. ”

This month just happens to be the time for the biennial announcement of land price adjustment, and we can see how Taichung City's land price will be adjusted this year. If you don't correct the previous mistake and downgrade, and add the housing market in Taichung to a sharp increase in the past two years, it is basically a fake.

The hoarding tax is far away, and the announcement of land price adjustment is very near. Whether Taichung City is bluffing or not, we will know immediately. Of course, Taichung City is just a particularly exaggerated case. In fact, all counties and cities that claim to be "hoarding house tax" can use this standard to check.