Stamp duty on securities transactions increased by 50.3% from June to May. What is the signal?

Stamp duty on securities transactions in the stock market can be said to be another focus that people need to pay attention to besides interest rates.

Stamp duty income has increased substantially.

According to the data of the Ministry of Finance, from June 5438 to May, the national general public budget revenue was 964.54 billion yuan, a year-on-year increase of 24.2%. The general budget revenue of the central government was 4,573.5 billion yuan, a year-on-year increase of 27%; The local general public budget revenue at this level was 50.710.90 billion yuan, up 210.7% year-on-year. The national tax revenue was 838,365,438+billion yuan, a year-on-year increase of 25.5%.

Stamp duty was 654.38+090.4 billion yuan, up 42.9% year-on-year. The stamp duty on securities transactions was 654.38+022.8 billion yuan, a year-on-year increase of 50.3%.

The substantial increase of stamp duty on securities trading is the most direct reflection of the increasingly active securities trading. In addition, it also shows that under the background of the great era of rights and interests, securities assets are increasingly becoming people's choice for investment and financial management.

Stamp duty "lethality" is amazing

Having said that the stamp duty on securities has increased greatly, let's talk about why the stamp duty on securities is concerned. The biggest reason is that every adjustment of securities stamp duty has caused waves in the A-share market.

On June 199 1, 10 and 10, the stamp duty was reduced from 6‰ to 3‰, which was the first time in the history of China stock market. After the adjustment, the big bull market started. Six months later, the Shanghai Composite Index soared from 180 to 1429, an increase of nearly seven times.

On May 30th, 2007, stamp duty was raised from 1‰ to 3‰, which was the only increase in 10 since 197. On the second day after the increase, the two markets closed down more than 6%, and the market value of over one trillion evaporated overnight. It is precisely because of this amazing decline that this incident is also called "530 midnight cock crow".

On September 9, 2008, stamp duty on securities transactions was changed from bilateral collection to unilateral collection, and the tax rate was still 1‰. On that day, the Shanghai Composite Index hit the third largest increase in history, closing up 9.45%, and 1000 A shares rose more than 9%.

As soon as the news of stamp duty adjustment came out, many brokerage stocks changed. In the afternoon, it was clarified that it had nothing to do with stamp duty on securities, and brokerage stocks also died down.

Above, the power of securities stamp duty can be seen.