Is The Reduction Of Luxury Consumption Tax Consistent With Public Opinion? Speak With Data!

Recently, the controversy over the reduction of luxury goods tariffs has been ongoing. Officials have made it clear that China will further lower import tariffs, including some of the middle and upper grade tariffs.

Before that, whether the luxury goods should be heavily taxed is also a problem that the industry has focused on.

Some people think that we should substantially reduce the tariffs on luxury goods, stimulate domestic consumption, stimulate GDP growth and benefit the country and the people.

Some people think that the luxury tax should be levied normally, and the consumption of luxury goods should not be checked or encouraged.

The reporter asked whether the "luxury tax reduction is in line with public opinion". In the questionnaire survey, the first survey network collected 226 netizens' questionnaires, some of them supported the reduction of tariffs and encouraged the consumption of luxury goods in China.

Another part is a wait-and-see attitude to decide whether to spend luxury goods in China in the light of the tax reduction range.

To some extent, this result represents the voice of the people.

According to the data, nearly 60% of netizens support the reduction of luxury goods tax. They believe that the tax reduction of luxury goods can release domestic purchasing power, and at the same time, we should draw up different levels and treat them differently.

For example, first, we can consider grading taxes at prices.

Because obviously, with the development of the economy, some of the high-end consumer goods can no longer be defined as luxury goods, and the corresponding import tax rates should be reset with the times.

Only 13.84% of respondents can accept the luxury price in the current market. To some extent, this indicates that luxury consumption is far away from ordinary consumers compared with middle and high-end consumption.

Most of the users who buy luxury goods are mostly buying cosmetics related to daily life, high-end clothing, and so on.

It also reminds officials that the top level watches, jewellery and leather goods can be taxed unconditionally, and the important thing is that the cosmetics and high-end clothing related to daily life should be reduced.

Recently, the controversy over the reduction of luxury goods tariffs has been ongoing. Officials have made it clear that China will further lower import tariffs, including some of the middle and upper grade tariffs.

Before that, whether the luxury goods should be heavily taxed is also a problem that the industry has focused on.

Some people think that we should substantially reduce the tariffs on luxury goods, stimulate domestic consumption, stimulate GDP growth and benefit the country and the people.

Some people think that the luxury tax should be levied normally, and the consumption of luxury goods should not be checked or encouraged.

It can be seen from this chart that netizens are no longer so blind about the purchase of luxury goods, and the culture behind the brand is more important.

The chart shows that the rise or fall of luxury tariffs does not have much impact on those who like to enjoy the shopping process abroad, because they do not mind if the price is reduced by 10% or 30% in the domestic market.

Even if it is the same as the country of origin, 34% of the netizens will choose to purchase in their origin.

This chart shows that 32.38% of the Internet users will consider buying after the price of luxury goods is reduced, and 20.88% of the netizens hold a wait-and-see attitude. Lowering the tariff will make consumption reflow and expand domestic demand. It will take a while before the conclusion can be reached.