The level of tax burden in a country should be determined by the condition of its economy,but it also has impact on economic development.Taxation and budget reform was discussed at the 3rd Plenary Session of the 18th ...The level of tax burden in a country should be determined by the condition of its economy,but it also has impact on economic development.Taxation and budget reform was discussed at the 3rd Plenary Session of the 18th CPC Central Committee,and the new reform was introduced.Under the new thinking,budget review is no long be limited to balanced budget and the size of the deficit but will also include projected expenditure and policy.This means the change from“making tax plans“to”setting tax expected targets”.The idea of“economic determination of taxes”has left a prominent mark in the history of taxation theories in China going back thousands of years.In particular,taxation theorists have always stressed the need to protect and nurture tax sources.For example,Confucius stressed“keeping tax burdens light and allowing the people to be rich”,Mencius similarly advocated for the importance of enriching the people,Xunzi,for his part,argued for the need to levy taxes in accordance with the law,Wang Anshi believed that people can only be taxed if they are first allowed to earn an income,and Qiu Jun promoted the idea of“less taxes,more revenues”,and many others.All these ideas in the history are rich sources of reference for those trying to reform the taxation system today in China.展开更多
文摘The level of tax burden in a country should be determined by the condition of its economy,but it also has impact on economic development.Taxation and budget reform was discussed at the 3rd Plenary Session of the 18th CPC Central Committee,and the new reform was introduced.Under the new thinking,budget review is no long be limited to balanced budget and the size of the deficit but will also include projected expenditure and policy.This means the change from“making tax plans“to”setting tax expected targets”.The idea of“economic determination of taxes”has left a prominent mark in the history of taxation theories in China going back thousands of years.In particular,taxation theorists have always stressed the need to protect and nurture tax sources.For example,Confucius stressed“keeping tax burdens light and allowing the people to be rich”,Mencius similarly advocated for the importance of enriching the people,Xunzi,for his part,argued for the need to levy taxes in accordance with the law,Wang Anshi believed that people can only be taxed if they are first allowed to earn an income,and Qiu Jun promoted the idea of“less taxes,more revenues”,and many others.All these ideas in the history are rich sources of reference for those trying to reform the taxation system today in China.
