Research On Macro Tax Burden Restricted By Sustainable Development To Promote Economic Transformation And Upgrading Based On "Three Gap" Model

Since the reform of taxation system in 1994,the average growth rate of macro tax burden has been higher than the economic growth rate.In recent years,the macro tax burden of China has exceeded the high tax burden and welfare states,but our people's welfare is still at a low level.On July 26,2016,the Central Political Bureau meeting presided over by General Secretary Xi Jinping explicitly proposed for the requirement of "reducing the macro-tax burden" on the basis of the previous central spirit at the first time.The requirement gave an outline of the issue and seized the urgent need to reduce the macro-tax burden in our country.On November 29,2016,Premier Li Keqiang chairing a State Council executive meeting stressed that we will continue to vigorously implement the tax and charge reduction policies in 2017.Economic grows faintly and a high macro tax burden has severely constrained economic restructuring and upgrading.How to solve the relationship between macro tax burden and economic restructuring and upgrading has became a major issue urgently needed to be solved by Chinese government.This paper first studies the macro-tax burden under three different calibers and points out the urgency of further fiscal and tax reforms;Secondly,based on the "three gap" model,we explore the reasonable macro tax burden in China under the constraint of sustainable economic development.The reasonable interval of the large-caliber macro-tax burden for China is[21.08%,33.3%);Thirdly,We establish the rating index system of China's economic restructuring and upgrading based on the scientific and operational feasibility,and determine the weight of each indicator by PCA.So the level of our country's economic transformation and upgrading ability is ascertained;Finally,on the basis of the above research,we establish a empirical model to test the promotion effectiveness of large-caliber macro tax burden to economic transformation and upgrading and use VAR model to analyse the relations between macro tax burden and economic transformation and upgrading within the restriction of sustainable development.The results show that macro tax burden has a long-term positive effect on economic restructuring and upgrading with the constraints of sustainable development,and the lower limit(21.08%)of the reasonable macro-tax burden compared with the upper limit(33.3%)has more significant promotion to economic restructuring and upgrading.At present,China urgently needs to carry out structural reforms on finance and taxation and reduce the macro tax burden so as to promote the economy to transit steadily and rapidly.The possible innovations of this paper are as follows:On the basis of finding the reasonable large-scale macroscopic tax burden with the restriction of economic sustainable development,we test the reasonable interval with the index system of economic transformation and upgrading established recently and targetedly.It further verifies the scientific rationality of the reasonable interval of macro tax burden under the constraints of sustainable development.