The Influence Of Jiang Su Province's Land Fiscal Dependence On The Fisacl Absorbing Ability

In recent years,some research shows that the mismatch between the routine power and the fiscal power gradually exposes a lot of problems from the beginning of the reform and opening in the fiscal decentralization system.The routine power transfers continuously,but the financial power does not match.Although the administrations continue to subsidize local finance through various funds,but did not solve the conflict between the mismatch of the fiscal power and routine power.The local government is under great pressure to make the ends meet.Under the pressure of the tax-sharing system,local governments have had to find ways to get extra revenue,which leads a reliance on the land finance.In recent years,It has become a fact that the land remise fund and the land fiscal revenue in each region have been skyrocketing.The land remise fund has been far more exceeding the tax revenue in the developing region.the increase in land remise fund has led to the increasing independence of local governments on land fiscal.The18^th National Congress of the Communist Party of China has divided the routine power and the financial power between the administration and the local government.the reform of fiscal and taxation system tends to be reasonable,but The non-renewable nature of land resources determines the total usefulness of the land,This article is concerned about how local governments should absorb finances to ensure the stability of local fiscal revenue when faced with a situation where the government has no land to sell.Based on these problems,this paper explores how land finance affects the absorb ability of local government in Jiangsu Province under the current finance and taxation systemIn order to research the influence of land finance and fiscal decentralization on the financial absorbing ability,based on the theory of fiscal decentralization,the theory of sustainable development of finance and the theory of land rent,this paper studies the present situation of financial absorbing ability and financial status of 13cities in Jiangsu Province,and studies the influence trend of land finance on local finance through theoretical analysis and empirical analysis.At the same time,the dependence of local fiscal revenue on land finance is too high,which threatens the financial stability of Jiangsu province.In the empirical part,by controlling other variables,the paper explores the influence of land dependence on the local government's ability.The empirical results show that:land fiscal revenue、the percentage of land relevant tax、the percentage of business tax、urbanization rate have negative influence on the ability of local government's to absorb fiscal resources;fiscal decentralization is beneficial to local governments'absorbing finance,Finally,in the policy suggestion part,this article also proposed some ideas:first,perfecting the local taxing system;establish the main tax of local taxes system as soon as possible;second,improve the management system of land remise fund,bring management of land remise fund into the budget law;third,strengthen the collection and management of tax revenue and increase the way to absorb fiscal resources;Fourth,improve the transfer payment in the province and strengthen the construction of transversal transfer payment between the governments.