Revenue 5 trillion and the argument of enriching the rich and poor in China

Source: Internet
Author: User
Keywords Revenue
"Caijing reporter Zheng" 2010 years ago 7 months, China's fiscal revenue over 5 trillion, year-on-year growth rocketed.  This also means that the annual revenue has taken a step forward, it is possible to enter the "8 trillion" era.  As soon as the latest financial data were released, the controversy over "the rich and poor" was immediately aroused. Can tax cuts for private investment almost at the same time as the Ministry of Finance published revenue data, the National Bureau of Statistics also issued a consumer price index and other related data.  Laiyun, a spokesman for the National Bureau of Statistics, said that private investment was starting to show signs of government policy. Laiyun said that for 5 consecutive months, the growth of private investment has exceeded the growth rate of urban fixed assets investment. January-July, private investment growth rate of 31.9%, than urban fixed assets investment 7% higher.  As of July, private investment accounted for the proportion of urban fixed assets investment is 52%, up 2.7% year-on-year. Zhang Hanya, President of China Investment Association, told Caijing reporter that the first half of this year released a "new 36" of the non-public economy, which should play a role in stimulating private investment, but "not so fast".  The first 7 months of private investment accounted for the increase in the proportion of total investment, mainly due to the government's investment in the growth rate slowdown this year, the new funds are mainly used for project continuation and closure, strict controls on the project. One side is the private investment endogenous impetus to be strengthened, one side is the government revenue high.  Zhang Hanya that the tax cuts that drive investment and private investment have been called for, but the government has always been too determined to "make tax increases easier". Zhang Bin, director of the Department of Finance and Finance of the Academy of Social Sciences, said that, whether it is to promote private investment or fixed assets investment, the central government has already launched a tax reduction policy with considerable gold content, that is, the value-added tax comprehensive transformation policy that began in 2009. According to the policy, the enterprise buys the fixed assets can carry on the VAT deduction, the tax amount thus reduces.  VAT is China's first major tax, the purchase of equipment to allow the deduction itself, can have a greater role in the promotion of investment. In addition, from the first half of this year's tax revenue, value-added tax revenue growth is significantly lower than the consumption tax and business tax and other taxes.  In the first 6 months of this year, domestic consumption tax revenue grew 42.4% year-on-year, sales tax increased 33.4%, while value-added tax revenue grew by only 12.9% in the same period. Zhang bin said that it can also be seen that value-added tax transformation has been in the promotion of investment to play a role.  Other tax cuts that promote private investment have no more direct effect on VAT. Ma Haitao, dean of the Finance Institute at the Central University of Finance and Economics, told Caijing reporters not to talk about development, but to use fiscal and tax incentives.  Moreover, the current situation of private investment is better, there is no need to use the government's means to regulate, relying on market forces is the right path. Tax reform is not allowed to drag the first 5 months of this year's revenue data, there are forecasts that this year's total national revenue or up to 8 trillion yuan. The figure immediately triggered a high proportion of government revenue andIndustry and the residents of the heavy burden of the discussion, and summed up the "country rich and poor" concept.  Ma Haitao said that this year's national budget income of 7.393 trillion yuan, an increase of 8%, if the end of this year, the income reached 8 trillion, it is normal, compared to previous years is not particularly high gains.  Jia Kang, director of the Finance Department of the Treasury, has written that 8 trillion yuan is the absolute number of annual revenue, and the most important index of the "burden" level and the distribution pattern between "country" and "people" should be the relative numbers, that is, the Revenue/GDP index. In the past three years, China's government revenue accounted for 27.6%, 27.9% and 30% of GDP respectively. The world average of fiscal revenue as a share of GDP is 40%, and even in developing countries, the average level is 35%.  Therefore, China generally does not have a high proportion of fiscal revenue. However, Jia Kang also said that the current part of the public's sense of unfairness, mainly the residents ' income accounted for the overall proportion of the total income decline year after year trend.  If the concept of "enriching the rich and poor" is biased and misleading, then the dissatisfaction expressed by this concept must not be overlooked. Zhang Hanya also believes that China's GDP is now mainly skewed towards government and business, with relatively rapid government and corporate income growth and slower growth in income.  The phenomenon of "enriching the rich and poor" exists in some extent, and the problem cannot be neglected. To increase the income of residents, it is inevitable that people will raise the "starting point" of personal income tax, that is, the deduction standard of salary and salary.  At present, the standard is 2000 yuan per month. However, Zhang Bin said that in fact, tax revenue in the current total fiscal revenue accounted for a small proportion. Last year, revenue exceeded 6 trillion yuan, and a tax was less than 400 billion.  The reason why people are more sensitive to tax policies is that the taxes are the most direct to taxpayers. Zhang bin said that the vision can not only focus on the cost of salary deduction standard, that is, the so-called "starting point" on. The direction should be integrated system reform, should take into account the taxpayer to support the population and so on, the family unit carries on the taxation.  In this way, not only take care of the low-income class, but also to the high income of the effective regulation, the tax system can really play the adjustment of income "good tax" role.  June 9 This year, the State administration of taxation introduced a series of measures to strengthen the management of personal income tax collection of high-income earners, Gao Peiyong, deputy director of the Institute of Finance and Finance of the Academy of Social Sciences. In his view, the contradiction of income distribution is already extremely sharp today, the tax reform still should be based on the personal income tax to seek a breakthrough.  In the past more than 10 years, no substantial progress has been made in the reform of the personal income tax from the classification system to the integrated system. July 27, Treasury Secretary Xuren at the National Financial Department (Bureau) Long Forum, said that with the 2009 revenue base gradually rising, this year's annual revenue growth will appear significantly before the low trend. In the second half of this year, Treasury will support the implementationThe minimum wage system, multi-channel increase farmers ' income, enhance the residents ' consumption ability. To deepen the reform of fiscal and taxation system, we should improve the consumption tax system, give full play to the role of consumption tax to promote energy saving and emission reduction and adjust income distribution, and study and perfect the personal income tax system
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