Opinion Poll on Tax Reform

Opinion Poll on Tax Reform

Source: China Times

March 14, 2012

1. Do you think that the current tax system is fair?

Very fair	1.1%
Somewhat fair	24.9%
Somewhat unfair	25.0%
Very unfair	22.2%
Don’t know/ no opinion	26.8%

2. What do you think the most unfair part of the current tax system is?

The rich pay too little tax	65.2%
Salaried class bear most of the tax burden	61.5%
Enterprises pay too little tax	42.0%
No capital gains tax (on profits from real estate or stock sales)	29.2%
Various unreasonable tax preferences given to corporations	26.9%

3. Currently, there is a 0.3% tax on every securities trading transaction. Do you agree that there should be a capital gains tax on profits from the sales of stocks?

Absolutely agree	25.9%
Somewhat agree	36.9%
Somewhat disagree	12.5%
Absolutely disagree	8.6%
Don’t know/ no opinion	16.1%

4. If there is to be a capital gains tax on profits from the sale of stocks, what do you think the government should do?

Only levy a tax on a certain range of trade volume or profits	67.6%
Levy a tax on both enterprises and individuals	14.3%
Only levy a tax on enterprises	5.9%
Only levy a tax on individuals	2.1%
Oppose levying a capital gains tax	1.5%
Don’t know/ no opinion	8.5%

5. The government began levying a luxury tax last year.  Do you think that it helped to limit real estate speculation?

Yes	42.5%
No	45.7%
Don’t know/ no opinion	11.8%

6. In the future, the government plans to tax real estate sales based on actual market prices. Do you support the government’s plan?

Absolutely yes	31.4%
Somewhat yes	40.0%
Somewhat no	13.7%
Absolutely no	5.8%
Don’t know/ no opinion	9.1%

7. If the government taxes real estate sales based on actual market prices, do you think that the government should tax every transaction without exception or should there be certain conditions?

Every transaction	30.1%
Certain conditions	59.2%
Oppose taxing real estate sales based on actual market prices	1.6%
Don’t know/ no opinion	9.1%

8. If the government should set certain conditions to tax real estate sales based on actual market prices, which conditions do you prefer?

Lower tax rates on sales of housing owned for over a certain number of years	51.2%
Only tax non-personal use housing sales	45.5%
Lower tax rates on personal use housing	22.3%
Don’t know/ no opinion	3.7%

Time: 2012/3/9

Samples：713

Margin of error:：Plus and minus 3.7%

Attachment : none