Analysis Of China's Personal Income Tax Rate System

Personal income tax is an important tax in our country's tax system,which plays an increasingly important role in the situation of increasing gap between rich and poor in China.Tax fairness is more and more important to taxpayers,and the reform of individual income tax has become a hot topic.Deputy to the National People's Congress last year,the financial com Personal income tax is an important tax in China's tax system,and it plays an increasingly important role as the gap between the rich and the poor in China grows.Personal income tax reform in 2011 has been seven years ago,many scholars say that the current personal income tax system already not adapt to the development of our country,but also pay more and more attention to their own personal income tax burden taxpayers,personal income tax reform is imperative.China's Gini coefficient has been stable at around 0.45 in recent years,in the ranks of countries with large wealth gap.Personal income tax is an important tool for balancing income distribution in China,and its reform will play an important role in reducing the gap between the rich and the poor.Tax rate is an important factor of the tax system,which directly relates to the tax revenue of the country and the tax burden of taxpayers.In this context,the study of individual income tax rate has important theoretical and practical significance to promote the perfection and optimization of the personal income tax system.It is from this background that I analyze the personal income tax rate system.First,I introduce the basic theory of personal income tax rate.Secondly,combined with our personal income tax rate table,I analyze the current tax rate.Thirdly,based on the existing research results and social reality,I analyze the personal tax rate of different taxpayers and finds that there are many problems in the personal income tax rate,such as the highest marginal tax rate,the high tax rate level,the too narrow tax rate and the complicated income loss.At the same time,introduced the personal income tax rate in the United States and Britain,which provides experience for the reform of tax rate system in China.Finally,I provide the proposal of the reform of personal income tax rate in China,and put forward the specific tax rates for personal income tax reform design scheme.In a word,China's individual income tax should be oriented towards regulating the gap between the rich and the poor,pursuing social equity,gradually establishing a comprehensive income tax system and improving the tax rate design of individual income tax.