A Study On Improving The Expense Deduction System Of Individual Income Fax

Personal income tax as a direct tax,the taxable income on an individual target for a tax levy.As China's economy continues to develop,the continuous improvement of people's living standards,personal income tax revenue of more and more widely, involving tens of thousands of households,personal income tax has become the hotspot of people's attention.The individual income tax is an important role in regulating income distribution,this is also the focus of attention of the masses. The ability of different people,different income,the more tax revenue,less the income tax less,it is right and proper thing.However,China's personal income tax in adjusting income distribution,the role also weak,with 80 percent of wealth by the rich to pay personal income tax personal income tax to total less than 10%of the income distribution are very poor.In light of this situation, this paper from China's personal income tax deducted from the cost of the system, that system of deducting costs and causes of the problems,and learn from foreign advanced the theory and practice,pointed out that China's reform and the direction and measures to improve the cost and details Deductions on the basis of this standard should be pointed out that with the ever-changing tax index,the level of income of residents in the continuous improvement and to adjust accordingly.