Stamp dampen market confidence Expert: change the unilateral imposition.

Editor's Note】 【<P> While increasing the stamp duty on the subjective purpose of the transition is to curb market speculation, is the market to maintain sustained and steady development, but in actual effect, is very biased. .</ P> <P>: http:// hearing, held in the afternoon, "how the rise of China's capital market needs," large-scale network forum, an economist Wu Xiaoqiu expressed the hope that change the unilateral imposition of stamp duty imposed by bilateral and can .restore market confidence. .</ P> <P> According to People's Daily reported, Wu Xiaoqiu users in answering questions made the above remarks. .A net friend asked: At present 99% of the investors a sudden increase in stamp duty on stock market advice to play dead incredibly big! .Has been unusual. .Experts as pillars of the state will adjust the stamp duty to the state into words. .</ P> <P> Wu Xiaoqiu said he personally thought that a sudden substantial increase in stamp duty was indeed the key factor in the stock market reversal. .Overall, he is critical of this policy, although the subjective purpose of the stamp duty increase is to inhibit the transition to market speculation, is the market to maintain sustained and steady development, but in actual effect, is very biased. .I would like to change the unilateral imposition of stamp duty imposed by bilateral, may be able to restore market confidence. .</ P> <P> Liu Jipeng economists believe that this problem (adjustment of stamp duty) on the negative effects of China's stock market is far from eliminated, both in people's confidence in China's capital market development or on the real, 3 .‰ stamp duty back and forth on recovering from illness, the emerging stock market is indeed too high. .Over time, the stock market returns to investors than the tax is unthinkable. .The profitability of the entire securities industry is also lower than the tax, too, is unthinkable. .This continues the negative effects of its long-term development in the future increasingly reflected, so to develop and nurture a strong capital market in China, the problem must be long term and proper solution. .</ P> <P> from the increased tax purposes, firstly, to increase revenue. .Second, inhibition of an industry or a particular type of product development. .But the Treasury's revenue in 2006 up to 3 trillion, and apparently do not care about more than 3,000 billion in stamp duty revenues, and have such a big negative effect, if the levy was not intended to increase revenue, and the rest is to inhibit the development of this industry .. .</ P> <P> Liu Jipeng that if vigorously develop the capital market is our peaceful rise, all the people ran off the main battlefield is a fundamental national policy, is built on the foundation of modern China's financial markets, this industry is not only not inhibited but .even more significant development. .But we are to make "fast ox" change "Manniu", is by no means change "Bear" and "fast bull" change "Manniu" approach, if used to increase the supply of, and we will make use of foam to do some .conditions do not bear a major event. .Such as development bonds, welcome back to the Construction Bank and other stocks such as our Haiwaichizi returnees, meaning that not only can make up our capital market in "bear market" of this historical period of deficiency, but also stabilize the overheated stock market, do both. .Kill two birds with its huge significance far greater than the increase in stamp duty. .Therefore, solutions-maker, but it takes time and the environment, we sincerely hope that the stamp duty on transfer back as soon as possible ‰ level. .In the context of ‰, and then carried out according to the development of the stock market up and down the flexible adjustment of transfer tax is the appearance, to restore the confidence of the people is real. .</ P> <P> also reported that, according to data released by the State Administration of Taxation, in the first half of the first half of stamp duty on securities transactions tax of 62.3 billion, an increase of 7.7 times. .</ P> <P> event playback & associated reports: </ P> <P> stock market crash coming? The volatility in Chinese stock market after the left or right? .</ P> <P> transaction costs soaring stamp duty adjustment 168 000 000 000 </ P> <P> poured cold water inside the Ministry of Finance after the transfer stamp duty on the night Whole Story </ P> <P> How far are we from the truth? Stamp event thorn .Pain investors </ P>.