Raise the starting point of personal tax what is the starting point of personal tax in 2018
4hw.com.cn: personal income tax is also called personal income tax. In recent years, with the growth of people's income and the improvement of the level of material consumption, the voice of adjusting the starting point of personal income tax is also growing. What is the starting point of personal income tax in 2018? Let's have a look.
The issue of individual income tax has always been the most concerned issue of the public, because it is closely related to personal economic interests. At the same time, there are many proposals and proposals related to individual income tax every year, and the core appeal is to propose to improve the 'starting point of individual income tax'. In fact, the term "starting point of individual income tax" is not a strict one, because the meaning of "no collection before arriving, full collection after arriving" is inconsistent with the meaning of "no collection before arriving, difference collection after arriving". It is suggested to change the 'individual tax threshold' in the report to individual tax deduction amount.
The increase of personal tax deduction is intended to reduce people's personal tax burden, which is certainly a good thing. In addition, the government work report not only mentions the increase of individual income tax deduction, but also emphasizes the increase of special expenses deduction such as children's education and serious illness medical treatment. This means that calling for years of individual income tax reform is expected to take a substantive step. According to the actual situation of each family, in addition to salary deduction, there can be more special expenses deduction.
It's only appropriate to increase the amount of individual income tax deduction to 7000, 10000. Last year, the U.S. trump tax cut, single person personal tax deduction from the annual income of $6350 to $12000, almost doubled. In exchange for monthly income, it's almost 6000 yuan. Of course, people can pay taxes by combining husband and wife. If there is only one husband and wife working, the deduction is more than 12000 yuan per month.
Increasing the amount of personal tax deduction will greatly reduce the number of taxpayers, and those whose wages are below the amount of deduction will not have to pay taxes again. However, those who do not live on wages, but on contributions, labor costs and so on, still deduct 800 yuan. The wage deduction is about to increase again on the basis of 3500 yuan. If the other income deduction still stops at the standard of 800 yuan for a thousand years, it is very unfair for many freelancers, or the emerging employment groups whose incomes are not reflected by wages.
Besides individual tax deduction, there are also tax rate adjustment and tax rate grade adjustment. In other words, will the maximum marginal tax rate of 45% be reduced now, and will the seven level tax rate be reduced again? According to the current individual income tax policy, one million annual salary will pay more than 400000 individual income tax, and the income will be almost cut in half. These high-income people have always been the silent ones behind the discussion of individual income tax, but they are the ones who really bear the heavy tax burden.
In the reform of individual income tax, we should not only reduce the number of taxpayers, but also reduce the burden of individual income tax on taxpayers, so as to really encourage people to improve their income and move towards prosperity. You'd better not pay a cent of your personal tax. The more the rich pay, the better. This mentality is not healthy and is not conducive to encouraging wealth creation. Success deserves encouragement, not punishment. High taxes, in fact, are punishment for success. What they convey is still the idea that poverty is equal to glory.
In the context of substantial tax cuts in the United States, many economies must follow up. Whether we will also set off a wave of tax cuts is long overdue. In this year's work report, the premier pointed out that "more than 800 billion yuan will be cut for enterprises and individuals in the whole year". Among them, how much cake will be allocated to individual tax reduction and which groups will share it? Let's wait and see.