Research On The Implementation Of Tax And Fee Reduction Policies From The Perspective Of The Smith Mode

In recent years,the global economic prospects are uncertain and the downward pressure on the economy has increased,China’s economic development was facing pressure from demand contraction,supply shocks and weakening expectations.Based on this background,the Chinese government has launched a large-scale inclusive tax and fee cuts,lowered the VAT rates twice,relaxed the identification standards of micro and small enterprises and carried out VAT refund.The measurement of tax and fee cuts was unprecedented.With the implementation of the policy,some questions have been raised.How about the effect of tax and fee cuts policies? What are the problems with policy implementation? How to improve the effect of policy implementation?These questions are the starting point of the study.Based on the Smith model,this paper takes L City as an example.Through extensive study of the relevant literature on tax and fee cuts and public policy implementation at home and abroad,this paper combs through the concepts of tax,tax and fee cuts,policy implementation,summarizes the main contents of tax and fee cuts policies,studies the implementation institutions and measures of tax and fee cuts policies in L City,and analyzes the effects of policies systematically.It analyzes the changes of VAT,income tax and other tax burden,the benefits of manufacturing industry and private enterprises,and the effects of tax reduction on economic growth,entrepreneurship and innovation.Based on the Smith Policy Implementation Processing model,analysis is made on the lack of long-term planning for idealized policies,the weak implementation of policy implementing agencies,dissatisfaction of taxpayers,shortcomings in the fiscal and taxation system.Use the four elements of Smith Policy Implementation Processing model,exploring the reasons for the problems existing on the policy design,the inadequacy of policy enforcement agencies,backward service concepts,and limited local fiscal capacity.Accordingly,countermeasures for optimizing the effect of tax and fee cuts policies are proposed.First,improve the policy system of tax and fee cuts,playing the expected effects of policies.Secondly,strengthen the implementation of policy enforcement agencies.Thirdly,optimizing tax services based on taxpayers and improving the tax experience of target groups.Finally,guarantee the financial resources of local governments,and create a relaxed environment for tax and fee cuts.