Research On Individual Income Tax Differences Between China And The United States

In recent years, obtained the rapid development of China’s socialist economy, but the gap between rich and poor polarization problem with income inequality phenomenon has gradually come out, it also intensifies the social contradictions to some extent, the direct impact on the development of socialist economy in China, is not conducive to social stability and healthy. The personal income tax is one of the main sources of national revenue, so it is very urgent to study on this issue. On September 1, 2011, our country began to modify a new personal income tax law is implemented, although the wages and salaries and individual businesses and contracted operation expense deduction quota increase, but the working class and the low and middle income earners can be effectively improved, but the present stage our country individual income tax in the process of practical application is still has many deficiencies, needs to improve relevant laws and regulations.Relative to the typical developed countries- the United States, the United States and China are facing the problem of income gap, but the public response to the fairness of the income gap is too large is not the same, in this paper, on the basis of the relevant laws and regulations of China and the United States to study the differences between individual income tax, and deficiencies existing in the tax system of our country constantly improve, fundamentally promote the stable development of the society. This article mainly studied from several aspects, the first part is problem is put forward, in the face of the phenomenon of the increase in residents’ income gap in China to put forward the corresponding improvement measures, clear the importance of personal income tax; The second part of the individual income tax for a simple overview, clarify the meaning of individual income tax, and related laws and regulations play a role in the development of the society., the United States in the third part is based on the system of individual income tax law and the differences between the two countries, this paper compares and analyzes the status quo of China’s tax law;The fourth part of a brief evaluation of the individual income tax in China and the United States, through the thorough analysis to identify factors of individual income tax law of the two countries have differences; The fifth part with the experience of individual income tax in developed countries to perfect the tax system in our country, and to summarize the full tex.