Switzerland is likely to scrap a century-old tax on real estate and introduce a new levy that will target second homes — such as mountain chalets — to offset any budget shortfalls https://t.co/iQcPQwGZkY ...

| 城市 | 峰值至今最大回撤 | 当前房价 | 历史峰值 | 橙值时刻 | | --- | --- | --- | --- | --- | | 温州 | -63.14% | 12225 | 33162 | 2011-03 | | 东莞 | -58.82% | 12511 | 30382 | 2021-06 | | 慧州 | -49.01% | 6818 | 13370 | 2021-05 | | *BAH | -48.37% | 9051 | 17532 | 2017-08 | | 福州 | 45.96% | 16880 | 31237 | 2018-03 | | | -44.63% | 9615 | 17366 | 2017-07 | | 青岛 | -43.41% | 14255 | 25192 | 2018-06 | | 宁波 | -43.24% | 16449 | 28982 | 2021-06 | | 兰州 | -43.05% | 7596 | 13339 | 2020-02 | | 徐州 | -42.40% | | 7941 B + 13787 | 2021-07 | | 烟台 | -41.37% ...

Core Viewpoint - The article highlights the trend of proactive fiscal spending in the early months of the year, with a significant focus on social welfare and public services, despite a decline in overall fiscal revenue growth. Group 1: Fiscal Revenue and Expenditure - In the first two months, general public budget revenue reached 4.4 trillion yuan, showing a year-on-year decline of 1.6%, which is below the previous year's growth of 1.3% and the budget target of 0.1% [3] - The general public budget expenditure was 4.5 trillion yuan, with a year-on-year growth of 3.4%, slightly lower than the previous year's growth and the target of 4.4% [5] - The broad fiscal deficit reached 621.7 billion yuan, marking a historical high for the same period, indicating significant expenditure pressure amid declining revenue [2] Group 2: Focus on Social Welfare - There was a notable increase in the proportion of expenditure directed towards social welfare, education, and employment, while infrastructure spending saw a decrease [6] - The central government's expenditure growth rose to 8.6%, while local government expenditure growth fell to 2.7% [5] - Personal income tax revenue showed a rebound with a growth rate of 26.7%, reflecting marginal improvements in residents' income [4] Group 3: Government Fund Performance - Government fund revenue growth recorded a decline of 10.7%, falling short of the initial budget target of 0.7% [7] - Government fund expenditure growth decreased to 1.2%, which is below the initial target of 23.1% but higher than the previous year's growth of 0.2% [7]