In the first three quarters of the year, the National revenue of 22.4% annual revenue is expected to break through 8 trillion reporters, the Ministry of Finance 15th released data show that January-September national revenue for 6,303,951,000,000 Yuan, the year-on-year increase of 22.4%. Revenue tax revenue of 5,595,737,000,000 yuan, an increase of 24.2%. Experts believe that the first three quarters of the increase in revenue, mainly because of investment and price increases, according to the current situation, the annual tax revenue is expected to break through the 8 trillion yuan mark. Data show that September national revenue of 628.719 billion yuan, an increase of 12.1%. September revenue growth, although back to two digits, but still continued the lower growth trend since the second half. Historical data show that August, the National revenue growth of 7.3%, for the first year growth rate below two digits, and the previous three months of fiscal growth from the beginning of the year more than 40% growth fell below 20%. The Treasury Department believes that the main reasons for the country's revenue growth in the first three quarters are four. First, the rapid economic recovery, especially with a higher degree of tax-related economic indicators faster growth, driving tariffs, vehicle purchase tax, business tax and other rapid growth. Second, the rise in the price level this year to the current calculation of the tax revenue corresponding increase. Third, the last year, the implementation of oil tax reform and the annual increase in tobacco products consumption tax, so that the same time this year the domestic consumption tax to increase the tail. Four is the first three quarter of last year, the National revenue growth 5.3%, the base is very low. Zhang Peisen, a researcher at the tax branch of the State administration of taxation, also pointed out that the faster tax growth was mainly due to rising prices, and investment led to related industries. According to estimates, the first three quarters of the national revenue compared with the same period in 2008, an increase of 28.8%, converted to a two-year average annual growth of 13.5%. The Treasury believes that the cumulative increase in revenues will fall month by year, as economic growth slows and the income base continues to rise over the same period.
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