Research On The Control Function On Income Distribution Of Property Tax

The income gap between the poor and the rich is growing, althoughcorrected by our recent consecutive policies on people's livelihood, butdrastic changes of the social structure in the transition period and lackof adjustment mechanism has made China's income gap in the trend of "fullrange, multi-level". A major reason of the income gap continuing to widenis the existence of multiple forms of China's current unreasonable orlegitimate income, the so-called "grey income." Under China's current taxlegislation system, the "grey income" is not within the scope of theregulation; property tax law take property as direct targets of taxation,and are a regulation and control of the wealth in stock and a powerfulsupplement of control function.In a long term, China's planned economic system made property tax lawunderdeveloped, and its control function on income distribution did notreceive due attention and even was ignored. In the academic tax, propertytax theoretical research has been marginalized status. And for a long timethe philosophy of "emphasis on income and ignorance on control " in ourtax law system did not make effective regulation and control on the growingincome gap, and even"inverse regulation"occurred. As a result, the study on property tax's income distribution and control function not onlyhas theoretical significance, but also has a more important practicalsignificanceIn this paper, the author mainly takes property law's regulation andcontrol function as point of cut-in, and then makes it as the main lineto state on property tax income distribution function of controlmechanisms and principles, in view of China's current legal system ofproperty taxes and the status quo of its regulation of income distributionfunction, we learn from foreign advanced legal system of property taxationand the latest tax idea base on the analysis on the deficiencies andshortcomings with a view to propose some useful recommendations on theregulation of property tax revenue to improve the distribution function.This paper mainly from three parts discusses this issue:The first part is mainly on the theoretical analysis on regulationof property tax income distribution function. First of all, the authordefines some basic conceptions of the property tax, including property,wealth, assets, property tax and property tax law and gives an analysison tax collection theory basis of property tax law. Then, states on theideological evolution history and principle of how tax laws control theincome distribution and the difference between comparative property taxand income tax law in the function of regulation of income distribution,and explains the validity of property tax law controlling on the incomedistribution.In the second part the author mainly briefly introduces some foreignpatterns and experience on property tax's income distribution function,through the authority and the latest economic data, the author revealsdetailed condition on China's current income distribution gap and givesthe analysis of the current status of the property tax, while pointing out the shortcomings of China's property tax in controlling incomedistribution.In the third part, the author gives some recommendations based on thedeficiencies and shortcomings of the current property tax incomedistribution function, of. In Property tax laws inheritance tax and gifttax can reflect the best interests of the income distribution functioncontrol and, in the face of the strong connection between China's currentstrong housing property and the income of residents, the housing propertytax levy will adjust the income distribution gap. To play to the largestextent the function on property taxes control function, we shall need toimprove legal system related to the property tax law, especially how toconverge the property tax law and intellectual property law and propertylaw together. This is the first time we propose that tax revenue targetsof property laws should take into account intangible assets, and some ofthe legal issues involved in intangible property assessment of arediscussed.