louboutin chaussures place only through debt financing

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local financial less than normal, while the local government to carry out the functions of the local social and economic development, and not enough money, how to do it? Only by borrowing, and so we have a lot of local debt. In 2011, the Audit Commission published 35 announcement, announced the local government debt has more than 10 trillion yuan. In recent years,orecchini tiffany, people's attention on the issue of local government debt is high,louboutin pas cher, mainly because there is a big risk of local government debt. People worry about the risk of local debt gets out of control, it will affect all aspects of society, and even lead to social unrest. In fact,tiffany italia, the local debt from 1979 began to appear after the 1994 tax reform,louboutin soldes, it is growing rapidly. Due to the centralized financial resources, local bears responsibility for local social and economic development,nike tn air, but financial resources stretched, they can not to raise through the issuance of government bonds,tn, which appeared a large variety of local financing platform. Local financing platform is funded by the government or an independent government and social co-financing.
the establishment of an independent economic entity with legal personality. These economic entities of government assets, reputation as a guarantee the loan to the bank,louboutin soldes, thereby forming a large number of local debt. The emergence and rapid growth of local debt have very complex causes and background,louboutin pas cher, the most important factor is the socio-economic development factors, the financial system factors and performance incentives. Social and economic development factors make local shortage of financial resources, seek debt channels become inevitable; financial institutional factors lead to local insufficient financial resources, place only through debt financing; and performance incentives, to debt financing has played a role in fueling. In recent years.
but real estate prices have been relatively strong and continuous rise in such context, "land finance" issue still exist to varying degrees throughout. "Camp changed to increase the" Next "Decision": Recently, Li Jiabao chaired a State Council executive meeting, the "Camp changed to increase" called to promote a new round of the main event and taxation reform. Xing Li: "Camp changed to increase" is not simply an alternative to the VAT sales tax, reform indeed affect the whole body. From decision-making level, "Camp changed by" a major institutional innovation is accelerating tax reform a breakthrough. From the academic point of view, "Camp changed to increase" is the Chinese tax system to improve a process, but also choose the general commodity tax integration path. From the perspective of the people,tiffany gioielli, it is the "real money" tax cuts. Pilot area has reached 55 billion yuan burdens.
local debt financing has undergone some new changes,air jordan 4 retro rouge noir, and that is where the city voted bonds appear. Debt appears through local financing platform is creditor-debtor relationship "platform" between the bank,nike air max, are indirect financing; and the city voted bonds are debt claims the relationship between economic entities and investors, are direct financing. But the debt financing of two local governments are formed or liabilities or contingent liabilities do not necessarily form a real local debt,louboutin homme, only contingent liabilities among real debt default occurred only be repaid by the fiscal. Therefore, the local debt is concerned, first, how to control the size of the total,nike air jordan pas cher, which is the total amount of controllable; the second is to minimize debt defaults. In the process of urbanization, urban land management by the government. On the one hand, economic, institutional and other factors caused a shortage of funds; the other hand, shortage of land resources. The transfer of government-owned land use rights, so through competitive bidding,louboutin soldes, the way land auctions,louboutin, making local financial and adding a land transfer income, such a situation has emerged in many places over-reliance on the land transfer revenue, which is called "land finance. " With the advance of urbanization, land resources are increasingly scarce,bracciali tiffany, coupled with the role of other factors, led to the real estate prices are rising, although the central real estate prices in recent years have been suppressed.
to let more enterprises to share the dividends of reform. VAT in order to give full play to its tax-neutral,air max, requiring the full deduction chain. "Camp changed by" pilot reform initially took some regions, some sectors of the way, so there is not a complete chain offset phenomenon objectively, there has been some companies in some sectors of the burden of rising short-term phenomenon, with the expansion of the pilot program This phenomenon will gradually disappear. April 10,nike air, the State Council executive meeting decided that from August 1 in the national implementation of transport and part of the modern service industry ("1 + 6" upgrade version), and choose the rail transport and post and telecommunications and other industries included "Camp changed by" pilot. The whole industry, "Camp changed to increase" in the country open, will strive in the "five-second" period is completed. It is worth noting that.
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