When should we pay taxes? The current policy of our country has always been pioneering and innovative, and with the adjustment of the current personal income tax collection policy, when we discuss the new tax payment and fill in the current policy, we will remember that the deposits in our bank cards were taxed before, that is, to reach a certain credit limit, we have to pay a certain percentage of interest tax, and how much tax we have to pay in the bank cards?
In fact, it is understandable that many people think that they have to pay taxes when their income is high, but why do they even have to pay taxes on their own savings? For many people, it is also unclear that putting money in the bank requires paying taxes, which is also unfamiliar to many people.
There is a great difference between the past social and economic development level and today's comparison. At that time, the consumption concept will be more traditional, and the standard of daily life will be very limited. Therefore, most families have the habit of saving money, which is very safe and can also get loan interest, which is good for everyone at that time. But at that time, the annual interest rate of banks was relatively high, which immediately caused a large number of assets to be deposited in banks. The sharp decline in these aspects of mobility is also a trend that is not conducive to economic development and the improvement of people's living standards. Therefore, in order to better stimulate consumption, the state gradually collects interest tax. If you say that the bank assets in your account have reached a certain amount, you have to pay taxes. However, after two years of implementation, we found that such countermeasures did not have much effect on stimulating consumption.
The key reason why bank taxes have long been revoked is that this part of the income generated from ordinary people can enrich the country's wealth, especially for early countries. At this time, it is very necessary to improve the country's financial situation in that way. For some people, because the state will collect this interest tax from themselves, they don't want to keep savings in the bank, which will stimulate everyone's consumption and promote everyone's economic development in China. However, after that, this countermeasure not only did not improve everyone's consumption level, but also increased the amount of deposits in banks, so the government department also revoked this tax.
If we say that customers who hold a large number of assets are not easy to deposit their money in the bank, they just keep their money in a state of flow, so that they not only don't have to pay interest tax, but also can get higher profits than loan interest according to their operating assets. So the collection of interest tax is harmless to these people. At that time, the vast majority of people who put money in the bank were ordinary people. Even if taxpayers still choose to deposit their money in the bank, it is not easy to choose to improve their spending power, and their understanding of project investment is not particularly high. Compared with the project investment, the risk is smaller, at least it is not easy to lose money. Therefore, the collection of interest tax not only did not stimulate consumption, but endangered all the normal daily life of ordinary people.
In both cases, the state abolished the interest tax in 2008.
For today's people, there is no need to worry that the government's countermeasures will damage our own income. Because the implementation of interest tax is also very related to the development trend of the country at that time, according to the current situation in China, it is not necessary to use this part of interest tax to enhance national funds. Do you keep your money in the bank now? Or what investment and wealth management products to choose? Or is there any stronger way to invest and manage money?