Taxation has always been both a legal obligation for every citizen and a significant indicator of a country's prosperity.
Moreover, the higher the income, the greater the tax contribution, as greater capacity implies greater responsibility.
In 2023, which companies became the main contributors to China's tax revenue, and who was the largest taxpayer?
When it comes to major taxpayers, we probably all have an answer in mind.
Exactly! It's China Tobacco, as the largest taxpayer in China.
In 2023 alone, China Tobacco paid 1.2 trillion yuan to the state, averaging about 33 billion yuan per day!
Such a huge tax revenue undoubtedly demonstrates the unique position and irreplaceable influence of China Tobacco in the national economy.
As China's largest taxpayer, China Tobacco's tax contribution accounts for a considerable portion of national tax revenue.
According to the latest data, China Tobacco's tax revenue accounts for 48.4% of the total national tax revenue.
This means that nearly 48.4% of the tax revenue comes from each pack of cigarettes, showing the significant contribution of China Tobacco to tax revenue.
China Tobacco's tax revenue exceeds that of 11 Huaweis or 40 Maotais.
It even surpasses large central enterprises such as State Grid, accounting for nearly 8% of the total national tax revenue.
This further highlights China Tobacco's dominant position in the field of taxation.
Therefore, the importance of tobacco to China's tax revenue is self-evident.
It is worth mentioning that this figure may be adjusted over time and with changes in policy.
However, regardless of how the numbers change, tobacco tax revenue remains an important part of the tax system.
So, each smoker is also contributing to the country's tax revenue.
Besides tobacco, which other companies made it into the top ten taxpayers?
In 2023, among the top ten taxpayers in China, Huawei ranked third, with a tax payment exceeding 100 billion.
In addition to tobacco mentioned earlier, it is surprising that Alibaba and Maotai also made it to the top ten.
However, these companies come from different industries, which illustrates the diversification of the Chinese economy and the prosperity of various industries.
For example, Huawei, as a global leader in information and communication technology, reflects its leading position in the industry and its significant contribution to the national economy through the growth of its tax payments.
Alibaba, as China's largest e-commerce platform, demonstrates the rapid development of the e-commerce industry through the growth of its tax payments.
Moutai Group, as a famous Chinese liquor producer, shows the potential and vitality of the Chinese consumption market through the growth of its tax payments.
The rise of these companies not only increases China's tax revenue but also injects new impetus into the high-quality development of the Chinese economy.
At the same time, it also reflects the effectiveness of China's government policies in promoting technological innovation, digital economy, and consumption upgrades.
According to public data from 2023, taxes accounted for more than 80% of the national fiscal revenue.
This proportion is relatively high globally, indicating the relative completeness of China's tax system.
Taxes play an important role in narrowing the gap between rich and poor.
The government can levy more taxes on high-income earners through tax policies to help improve the living conditions of low-income earners.
At the same time, the government can also encourage business investment in impoverished areas through tax exemptions and subsidies.
This not only promotes local economic development but also increases employment opportunities and improves residents' income levels.
So, what specific areas are the annual tax payments used for?
It is well known that China has the title of "infrastructure fanatic," and a lot of tax revenue is used for this purpose.
Firstly, there is public infrastructure construction, mainly for national and local public infrastructure construction such as bridges, railways, and electricity.
The construction and maintenance of these infrastructures are crucial for the normal operation of society.
In addition, there is social security and employment, such as medical insurance, old-age insurance, as well as promoting employment and safeguarding the rights and interests of workers.
Most importantly, there is national defense and public security, such as military construction, to ensure the security of the country and its people.
According to the budget released in 2024, China's defense budget exceeds 1.6 trillion yuan, and the annual tax payment of China Tobacco is enough to cover this budget.
For example, the cost of a J-20 fighter jet is about 110 million US dollars, and China Tobacco's annual tax payment can produce about 1,500 J-20 fighter jets.
In addition, the cost of an aircraft carrier is approximately between 30 to 50 billion, and China Tobacco's annual tax payment is also enough to build about 24 aircraft carriers.
These fighter jets and aircraft carriers are not only important means to maintain national security but also important strategic assets of the country.
Therefore, taxation is an important source of government revenue for providing public services, maintaining social order, and promoting economic development.
Although taxation is an obligation, ultimately, tax payments will be used to give back to society and achieve the principle of "taking from the people, using for the people."
Paying taxes according to the law is the duty of every citizen, and every tax payment contributes to the construction of the country.
With greater capacity comes greater responsibility. As leading companies in the country, they are not only symbols of national prosperity but also important components of national development.
The development of the country requires the efforts of everyone, and the country and the people complement each other, with a strong nation leading to strong citizens.
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