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An Empirical Analysis Of The Personal Income Tax System And Its Economic Effects

Posted on:2016-08-24Degree:DoctorType:Dissertation
Country:ChinaCandidate:G H WeiFull Text:PDF
GTID:1109330461474318Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
Chinese personal income tax system has constantly experienced a process of improvement, reform and development since the reform and opening up. With the rapid and steady growth of Chinese economy, people’s income and living standard has improved gradually at the same time, the personal income tax has played a more important role in the process of income distribution adjustment and the impact of levels of fiscal revenue share. Meanwhile, after 30 years of operation and optimization, the collection and management of personal income tax is also in a process of continuous development and improvement. However, a relatively complete evaluation system of the personal income tax system and its running effect is lacked, some research on personal income tax with the regulation of income distribution and the operation of personal income tax system were studied respectively, but lack a relatively comprehensive and specific empirical research. Therefore, establishing a more comprehensive economic evaluation system for operation effect of the personal income tax system, which could also be used for empirical research, is not only beneficial to improving the effect of tax system, but also has important reference value to develop the current personal income tax system.On the basis of existing achievements, this article preliminary established a new analytical framework through the extraction, comparison and analysis of the domestic and international research, and carried on empirical analysis and evaluation on the combined effect of Chinese personal income tax system, from the changes and operation, the economic growth effects and the adjustment of income distribution effects of personal income tax. Through the analysis and comparison of different empirical methods, using actual data and research tools, our research makes an empirical analysis and test of Chinese personal income tax system and its operation efficiency, come to the general conclusions.In general, changes of personal income tax system is compatible with each historical stage of Chinese economic and policy environment, personal income tax revenues for national and regional income and economy contribution are gradually increased both in terms of volume or structure. But because Chinese personal income tax is local main tax, influenced by the unbalanced regional economic development, the growth effects of personal income tax in the regions are different in many aspects.In terms of personal income tax for income distribution regulation, as well as the impact on urban residents’ consumption, our research shows that the adjustment of income distribution of personal income tax has not been fully reflected, but along with personal income tax reform in recent years,its role to reduce income share of high and low income groups and in regulation income distribution imbalance is growing. In addition, our research also shows that, over the past 20 years, urban residents disposable income is the important factor which influence their consumption expenditure in the long run, and personal income tax is a factor which affect the urban consumer spending.In addition, survey data about numbers of large and medium-sized cities show that the cost of personal income collection in China is not high. The efficiency of Chinese personal income tax management will be improved, if our government take measures to strengthen and improve the public investment, improve the tax consciousness, and improve taxpayers’ satisfaction.
Keywords/Search Tags:personal income tax, economic effect of system, regulation of income distribution, public financial management
PDF Full Text Request
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