Empirical Analysis On The Tax Structure And Residents' Consumption In The Context Of Structure Tax Deduction

The tax structure has a significant influence in resource allocation, income distribution, economic stability, particularly in promoting demand, raising the consumption capacity. Reasonable tax structure can enhance the ability of the consumption and the consumers'willingness, stabilize the consumer expectation and optimize the consumption environment. Our government is very concerned about the political ability to adjust residents'consumption from the perspective of the tax structure, and try to make it a macro-control means. But the effectiveness is still being explored; we lack the complete and systematic theoretical and methodological support. So, how to effectively increase the tax structure through restructuring and structural tax consumer demand, rising income levels and improve people's livelihood, it's a big issue for our government and the academia to solve.On the basis of data gathered and classic literature read, We review and sort out the domestic and international research on the tax structure stimulating residents' consumption, then with theoretical and empirical research methods combined, in the context of structural tax cuts, We start the discussion around the center that how to stimulate the residents'consumption by means of tax structure adjustment. First, sort out the connotation of the structural tax deduction, explain the logical relationship of the structural tax deduction and tax structure, make clear that our analysis are based on the structural tax deduction, in addition state the current situation of the effect on the residents'consumption from tax structure adjustment. Second, simply analyze the relevant economic mechanisms about how the tax structure adjustment influences the residents'consumption demand, and then get preliminary results of qualitative assumptions. Subsequently, We do the empirical analysis between the residents' consumption and tax structure adjustment, obtained substitution effect of the goods and services tax and property tax positively stimulate to improve the current consumption of the residents, income tax adjustment does not change the fact that the income effect crowds out the residents'consumption; Lastly, furthermore we tentatively analyze that the residents'consumption has a highly positive spatial autocorrelation between its neighboring provinces, while goods and services tax. property tax reform effects can spillover to neighboring provinces to stimulate consumer spending.Through the above research, we put forward some targeted advice on structural tax deduction aimed at promoting residents' consumption:to build a stable and flexible goods and services tax mechanism to reduce the burden, attach importance to the special impact of the consumption tax on the adjusting the consumption structure; optimize the dynamic response mechanisms of the personal income tax and enhance the regulation of the tax on the income distribution. To build a complete system of property taxes, the government departments should accelerate their pace on the property tax legislation, the preparation of inheritance tax, gift tax regulations, increase the proportion of property taxes, inhibit property income gap between rich and poor, and reduce the compulsory saving result caused by the property investment; lay emphasis on the equity of the primary distribution, develop and perfect the equity of financial system on the secondary allocation.