Research On Correlation Between Economic Development And The Structural Changes Of Fiscal Revenue In China

Whatever the form, fiscal revenue eventually comes from the national economic activities. So the changes in the structure will be controlled and influenced by economic activities.Beginning with the economic development, this dissertation studies the structural changes of financial income along with economic development, analyses the reasons of these variation. This dissertation also analyses the main items of the financial revenue, such as tax, non-tax income and debt income which changes with economic development. Based on this, this dissertation analyses the typical tax classification and important taxes' change trend in the context of economic development. This includes the proportional variation of direct tax and indirect tax in total revenue, and the relation between thrice industry changes and related revenue structure's changes, as well as the relationship between the contribution of inside and foreign capital to economic growth and variation of inside and foreign capital's revenue. This dissertation points out the underlying reasons for these relations, and analyses the instance and reasons of non-tax income which changes with economic development after reforming and opening up. In addition, this dissertation analyses the debt income level and its proportional changes in total revenue as well.Generally speaking, the dissertation concludes that economic development makes steady growth in tax revenue, the proportion of revenue in total income increased steadily, and the proportion of non-tax income decreases gradually, debt income trends smooth; the proportion of direct taxes increases, business taxes' income grows after the tertiary industry, the agricultural tax is not reduced before reformation, the revenue contribution of foreign-funded enterprises is less than the inside enterprises.According to the analysis and conclusions above, this dissertation also gives some suggestion for improvement on the country's revenue structure in the course of economic development. Through the improvement of value-added tax system, it adjusts consumption tax items, tax rates and taxable basis, and perfects the corporate income tax and personal income optimize tax structure. Through promoting reform of taxes and fees, it regulates government revenue mechanism to stop collecting fees of unreasonable non-tax income. Some of the non-recurrent income into taxes and fees and charges will be included in budget management and supervision to promote structural rationalization of non-tax income. Through the optimization of the tax system and the improvement of non-tax income system, the revenue structure will be more optimized.