Research On The Impact Of Value-added Tax Reform On Residents' Tax Burden

After 40 years of reform and development since the introduction of value-added tax in 1979,China has gone through five stages: pilot introduction,basic establishment,transformation and reform,“replacing business tax with value-added tax”,and deepening reform.Since the beginning of the 21 st century,in the face of the international economic situation and the global financial crisis,China has implemented structural tax cuts and constantly promoted the reform of taxes and fees.The outline of the 13 th five-year plan sets the fiscal and taxation system at a new historical height as "the foundation and an important pillar of national governance." As the largest tax category in China,VAT plays a decisive role in the reform of taxes and fees.On November 27,2019,the ministry of finance issued a notice on the draft value-added tax law of the People's Republic of China.In the process of promoting the legislation of the value-added tax law,it is of great significance for the further improvement of the value-added tax to review the reform process of the value-added tax and combine the tax burden of the residents.This paper takes the problems in real life as the entry point--namely,while China continues to promote the VAT system reform and increase the intensity of tax reduction,some enterprises in the industry do not fully agree with the tax reduction effect of the VAT reform and consumers do not have a strong sense of gain.Based on this problem,this paper on the basis of reviewing the reform of value-added tax,through the establishment of input-output price model,calculate the tax rate with the price without tax price of it is concluded that the actual effective tax rate of VAT,and match the urban and rural residents' consumption expenditure,analyzed the residents in different stages of the tax burden of value-added tax reform.The following conclusions are drawn: in the three stages of VAT reform in the 21 st century,"replacing the business tax with a value-added tax" has the greatest impact on the tax burden of residents,followed by the simplified tax rate,while the VAT reform has the least impact.In addition,the absolute tax burden of residents shows an inverted u-shaped growth,and the tax burden first increases and then decreases.The high rate of VAT and the high proportion of expenditure are the important reasons that affect the high tax burden of eight categories of consumption expenditure.Finally,based on the problems in the process of VAT reform,this paper puts forward some policy Suggestions on further reform,such as giving more consideration to efficiency and fairness,giving full play to the scientificity and coordination of various taxes,and further optimizing the structure of VAT rate.