The Historical Development Of Fiscal Exchange Theory And Its Contemporary Significance

Research on the essence of Fiscal is the fundamental issue of Fiscal Theory, and it has been discussed for a long time in our country. The theories of National Distribution, Public Demands and Public which dismiss the role of taxpayers in the activities of Fiscal are three main viewpoints of the essence of Fiscal in our country. But the Theory of Fiscal Exchange which values taxpayers may provide some inspiration to our research and activities on the Theory of Fiscal.The thesis mainly discusses the process of the development of the Theory of Fiscal Exchange and explores the deeper meaning of its connotation and basic principle. Besides, this article elaborates the essence of Fiscal from the perspective of exchange and attaches importance of the position of taxpayers in Fiscal. By analyzing the mechanism of movement and the balance of the political, we can get the definition of Fiscal from the view of exchange. Fiscal is the common activity for fiscal management and the relationship of political and economic. In order to get public goods and service which they are not be able to get from market, social members commit their partial products to the Social Central Institution (The government).This thesis tries to consummate the Theory of Fiscal Exchange by using the Theory of incentives under asymmetric information and provides a way to analysis behavior that happens in public activities. Besides, this article reviews problems that happen during the operation of finance from the perspective of Theory of Fiscal Exchange and points out that we should improve the awareness of taxpayers and complement the system of tax laws. Only by regarding the taxpayers as the main body in the financial research, can we change our awareness of taxpayers and promote the development of the Theory of Fiscal and our activities.