The Research On The Effects Of Personal Income Tax Policy Under The Perspective Of Inclusive Growth

Personal income tax began not very long ago, but has developed rapidly, which is rising to a more important tax. . Its tax base, tax rates, deduction standard, tax collection patterns and the matching with other taxes all have a lot unsettled areas, which need to study. Based on the current income gap and a fair distribution of income which is the essence of the policy orientation, guided by the theory of inclusive growth, this paper uses the method of a normative analysis and positive analysis, firstly describes the personal income tax and inclusive growth theory and sets out three decades of personal income tax policy's development process. Then with vertically focus of the 1994-2010 time series and horizontally reference typical developed and developing countries, the paper respectively analyzes the financial effects and income distribution effects of personal income tax. With data analysis and comparative analysis, the paper has a conclusion that: the current personal income tax policy have played a certain role of raising revenue and distributing the income equally, but not significant; Finally, combining with the reason that policies effect ineffectively, the paper gives some suggestions of optimally designing personal income tax from the subject factors and the object factors.