The Study On Consumption Tax Reform Under Carbon Peaking And Neutrality Goals

In 2015,the CPC Central Committee proposed that we should make green development one of the five concepts for development,aiming at the green and sustainable economy development.The government has pointed that we should enhance green development,improve the legal system and policy of green production and consumption,and promote the establishment of a green,low-carbon and cyclic development economic system on the 19th National Congress.On the 20th CPC National Congress,Chinese government emphasized that the green and low-carbon economy development is a key part to high-quality development.President Xi Jinping put forward that we should actively promote the goal of carbon peaking and carbon neutrality.It means that we have to vigorously promote green economy in the future development.In our life and industry,our government has always used consumption tax to steer the consumer behavior,improve consumption structure and promote industrial transformation and upgrading.Now,we should adjust the consumption tax collection and income attribution and reform consumption tax like tax rates to promote green development,carbon peaking and carbon neutrality and tax revenue legislation.Therefore,this paper takes the reform of consumption tax as research topic,so as to promote green development and facilitate the goal of carbon peaking and carbon neutrality.First,the author reads relevant documents and sorted them out in accordance with the subject and forms his own article framework based on the previous experience.The public goods theory,retail demand externalities,dual dividend theory and sustainable development theory are studied,and the mechanism of consumption tax on carbon dioxide emissions is described in four aspects.And the current situation of China’s consumption tax is analyzed and existing problem and insufficient are pointed out.Second,the data of 30 provinces in China from 2008 to 2020 are selected as the research sample,and the relationship between consumption tax and carbon emission is studied by Stata17.In this paper,the consumption tax is measured by the consumption tax revenue,the carbon emissions per capita and per unit area are used as the explanatory variables,and the fixed effect model is used for empirical study.The result can be summarized as follows:the panel data model confirms that China’s consumption tax has a significant inhibitory effect on carbon dioxide emissions,but the coefficient of association is not high which means the effect is weak.Next,in accordance with the existing problems of consumption tax,the results of empirical analysis and our national conditions,this paper puts forward the following two suggestions:the first one is that the government should enlarge the range of tax collection on consumer good and consuming actions;tax rate of green tax should be optimized;tax collection should be delayed;revenue should be distributed to local government and the way of tax calculation should be changed.The second one is the corresponding measures should be updated in time from the perspective of external factors.For example,accelerate the legislative process;promote the propaganda of the role of environmental protection of consumption tax and enhance its coordination with other taxes.There are a lot of articles on the environmental protection of consumption tax,but few articles discuss the consumption tax reform by combining the dual-carbon goal with green development.Therefore,the value of this project is to study the consumption tax reform from dual-carbon goal and green development these two dimensions with the introduction of carbon emission variables.This paper provides new ideas for the next step of consumption tax reform and enriches the existing research results.