降印花税其实没有实质性利好，但它代表了一种态度

卢焯明

<span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">降印花税并没有改变股票暂时供大于求的状态，没有后续细则的补充，大小非还是会抛，尤其是小非，但降印花税表明这个资本市场守护人的一种态度，一种决心，一种姿态，由于有上涨的预期，小非为了以后赚多点，可能会不抛。</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">
                <br/></span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">降印花税也并没有改变上市公司因全球经济放缓，出口减速而引起的业绩下滑，但由于有了政府扶持的态度，怎么说，公司的基本面也会比不扶持会好一些。</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">
                <br/></span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">降印花税也并没有改变中国</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">A</span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">股股票估值过高的通病，但降印花税确实代表了还利于中小投资者的一种态度，下一步，还可以通过退税，补贴和政策扶持还利于优质上市公司（个人喜欢环保，内需消费和中药，呵呵），使到上市公司的现金收益符合自己的股票价格。再通过一系列法规的完善，使这些现金收益能分配到各级投资者的头上，不然的话，违规者要坐牢去吧！</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">
                <br/></span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">降印花税同样并没有减少恶意再融资的冲动，但至少政府这种态度能给无良公司一种震慑，下一步，就该轮到给出这一种态度了</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">—— “</span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">借钱也要理由充分，立好各种借条</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">”</span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">。人民政府还缺少这种姿态嘛，呵呵！</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">
                <br/><br/></span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">说实话，降印花税其实对交易成本影响不大，对比起几天涨跌百分之几甚至十几二十，对比起基金的手续费，这千分之二真得这么在乎吗？不是，降印花税其实是代表了一种政府还利于民的态度！给了中小投资者一种向好的预期！政府不是说收税大涨吗，除了建路桥，扩医保，也应该给国民派现钱了，呵呵！</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">
                <br/></span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">再之后，后续来些中小投资者能参与的股指期货等做空机制，把新股发行改革得越多人参与越好，大力发展债券等资金避风港，这样亲身经历过风险教育的广大中产和小散就相当于吃了定心丸了！另外，以后与国际游资大鳄和反华势力博弈时，也要告诉大家一声，动员一下群众力量嘛。</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;">
                <br/><br/></span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">最后说一句，其实我并不是股民，只是饥民，买鸡就是买大盘，判断大市。虽然比买个股简单一些，但道理也是一样的：股市有风险，还不小，入市需谨慎，要牢记</span><span lang="EN-US" style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: 宋体;"></span><span style="FONT-SIZE: 10.5pt; COLOR: #333333; FONT-FAMILY: 宋体; mso-bidi-font-family: Tahoma; mso-ascii-font-family: Tahoma; mso-hansi-font-family: Tahoma; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">。</span>