Posts tagged as: houses

The US government should learn from Chinese excise and taxation system – Part 1

The year 2011 was a mercurial one in the US stock exchanges; perhaps the country is still living through the aftermaths of the 2008 financial crisis and 2009 economic meltdown. However, since coming into power, the US president, Barack Obama has done little to the remedy of situation. According to a recent survey by a […]

The US government should learn from Chinese excise and taxation system – Part 2

Moreover, the excise duty on imported luxury items like vehicles, watches and even pens has been increased alongside taxes on big houses. The reason for such a remodelling is that the elite can still afford luxury despite the increased prices of such commodities. The proof of this was evident in a latest research that showed […]

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