The real estate taxation reform is an important part of the country’s new round of taxation reform because the taxation on the real estate property has its international universal rationality and legitimacy. The real estate taxation reform program of domestic major cities and its tax effect analysis shows that the advantage of discriminatory tax rate scheme is to reduce collection costs, ensuring the fairness of resident taxpayers, but the disadvantage is making the taxpayer burden heavily and is adverse to adjust the gap between the poor and the rich. The advantage of scheme with progressive tax by housing area is able to adjust the gap between the rich and the poor, reflecting "the amount of energy burden" principle, but the disadvantage is likely to be opportunistic taxpayers to evade high taxes and supervision. It should be noted that the scheme of "per person to enjoy a certain area of relief, according to housing size, based on the value or assessed value bulletin at different tax rate" would be the main direction of the future property tax reform.