Research On The Tax Policy Promoting Human Capital Investment

In the process of human social development, talent is an important driving force to the social civilization progress, people’s rich happ iness and national prosperity. As the knowledge economy era coming, human capital investment has been recognized as the key engine for economic growth and social cohesion, competition among countries is the talent competition in the final analysis, so human capital accumulation plays a particularly important role in a country’s economic growth and international competition. Enterprise as a contributor to economic growth and the main body of market competition, human capital has become an important factor determining its survival and development. But human capital investment develops slowly in our country, it didn’t get enough attention they deserve, and because the human capital investment activity has the externality and uncertainty, there will be a failure on market regulating the enterprise human capital investment, so it needs the government to carry on the macroeconomic regulation to control and play a guiding role. This article will research on how tax policy influence enterprise human capital investment from the basic theory of economics, and comb our country’s tax policy to promote enterprise human capital investment. Then, this article will evaluate our country’s tax policy through the regression analysis method. Finally, based on foreign tax policies to promote enterprise human capital investment, we will make some perfecting suggestion on our country’s policy.First, this paper analyze how tax policy influence the enterprise human capital investment from two aspects of enterprise investment willingness and ability. According to the characteristics of the enterprise human capital investment activities, this paper uses cost-benefit theory, risk-reward theory to analysis, tax policy will improve enterprise investment willingness by reducing the investment cost, improving investment returns and reducing the investment risk, And tax policy will enhance the capacity of enterprise investment by reducing budget constraint.Secondly, this article summarize the general situation on our country enterprise human capital investment and relevant preferential tax policies. By collating, we found that enterprise employees training is more inclined to the third industry, short cycle training in our country, relevant tax policy mainly take the pre-tax deduction of employee education funds and staff wages.Then, this article carry on an brief assessment on our country’s tax policy. Analysis found that tax policy can really affect enterprise human capital investment, and they play a positive role. At the same time, the tax policy generates positive incentive effect on enterprise human capital return and output.Finally, based on our country present situation and foreign experience, this paper puts forward some perfecting suggestions on tax policy to promote enterprise human capital investment. The paper believes that our country should not only design policy from the macro level, but also improve concrete from micro level. Macro suggestions mainly include legal level, design principles, objective adjustment, micro suggestions contains propaganda, pertinence, attractive, incentives, favorable areas, monitoring and evaluation, etc.