中文摘要：

本文描述了近年来房地产行业的走势，观察了房地产行业的税负状况，提出假设：在我国税收总量不减少的大前提下，是否可以同时实现宏观经济水平提高、房地产行业税收负担降低与保持税收公平效应这三个目标。基于中国投入产出表的一般均衡计算得出，这三个目标如同蒙代尔一克鲁格曼不可能三角一样①，最多同时实现其中两个。最后本文解释了所得结论的现实意义，并结合我国的经济走势及房地产政策变化，提出相关政策建议。

英文摘要：

This paper describes the trend of the real estate industry in recent years and observes the tax burden in the industry. Then it makes the hypothesis： in the major premise of not reducing tax amount in China, could we aehieve the three goals simul- taneously： an increase in macro -economic level, a lowering in the tax burden in the real estate industry and an increase in tax justice effect. Through the general equilibrium based on input - output table in China, among the three goals, like the eternal tri- angle put forward by Mundell and Krugman, at most two of them can be realized. This paper finally illustrates the realistic signifieance of the conclusion and puts forward relevant policy suggestions based on the economic trend and the real estate industry policy in China.