Did you know that there are no property taxes in China?
Login to reply
Replies (6)
There’s no property rights either
That is correct. The state owns all of the land in China.
The State owns all the land in every country where the state has more weapons than the individual, which is every country.
I have an apartment that for 3 years I've been trying to seel at 50% of the purchase price. I've had 1 serious offer. He couldn't get bank appoval for the loan... I'd happily pay tax if someone would take that shit off me.
All the countries started with almost no taxes. As soon as the economic situation improve and the politicians and bureaucratic system is created there is a neverending increase of new taxes. China is just young. Wait and see.
not quite correct. In villages, land belongs to all villages people