Monday, November 1, 2010

World's Biggest Census Going on in China

This is a necessary precursor to taxing real estate. Right now it isn't feasible to tax owners except on small trial basis, because the government doesn't know who or where everyone is. Expect taxes to follow on the heels of this as further means of suppressing speculative real estate ownership.

World's Biggest Census Underway in China
For the first time since the People's Republic of China was founded in 1949, China will count people based on where they actually live, rather than where they are registered under the household registration, or hukou, system. 

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