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The Revenue Exceeds 8 Trillion &Nbsp, And Taxes Account For 88%.

2011/1/21 8:49:00 38

Revenue 8 Trillion Tax

Our country

Revenue

First exceeded

8 trillion

Yuan Da Guan.

The Ministry of Finance announced yesterday that from 2010 to December, the total fiscal revenue of the country was 83080 billion yuan, an increase of 14562 billion yuan over the previous year, an increase of 21.3%.


Revenue structure tax accounts for 88% of revenue.


Among them, the financial revenue

tax revenue

Revenue was 73202 yuan, an increase of 23%; non tax revenue was 987 billion 800 million yuan, an increase of 9.8%.

According to this calculation, tax revenue still accounts for the main part of China's fiscal revenue, accounting for 88% in 2010.


Specifically, there are several taxes exceeding the average growth rate, such as consumption tax growth of 27.5%.

The Ministry of Finance said that because of the reform of refined oil tax and fees in 2009, and the increase of the tax rate on tobacco products consumption, there was an increase in income in the first few months of 2010, and a substantial increase in vehicle sales led to an increase in consumption tax.


Secondly, driven by stable and rapid growth of fixed assets investment, business tax in related industries has increased and business tax has increased by 23.8%.

In addition, personal income tax increased by 22.5%, exceeding the overall growth rate. The Ministry of Finance said that it was affected by the increase of residents' income and the strengthening of collection and management.


In addition, the substantial import of goods in 2010 also caused the value-added tax, consumption tax and tariff in the import sector to exceed the overall growth rate.


The reason for increasing income is price rising.


In view of the rapid growth of fiscal revenue, the Ministry of Finance explained yesterday that first of all, because of the rapid economic growth, it laid the foundation of tax revenue for the growth of fiscal revenue, especially the relatively high economic indicators related to tax revenue grew faster. For example, last year, the above scale industrial added value, the fixed assets investment of the whole society, the total retail sales of social consumer goods and the total volume of imports and exports grew faster.


Secondly, the Ministry of Finance said that the rising price level also pushed up the growth rate.

In 2010, the consumer price index (CPI) and the ex factory price index (PPI) rose by 3.3% and 5.5% respectively, driving the related tax increase at current prices.


In addition, the annual sales of motor vehicles led to a substantial increase in vehicle purchase tax and vehicle consumption tax.


In addition to economic reasons, the Ministry of Finance said that in 2009, the national fiscal revenue increased by 11.7% and the base was relatively low, which also raised the income growth in 2010.


Trend characteristics continue to grow faster than GDP


The Ministry of Finance said that from the perspective of the whole year, the national financial revenue showed a trend of high before and after low: 27.6% in the first half and 15% in the second half.

The annual fiscal revenue increased by 35.5% compared with 2008, and the average annual growth rate was 16.4%.


Even after the conversion, the growth rate of fiscal revenue is also the same as in previous years, and continues to outpace the growth rate of GDP in China.

Affected by the financial crisis, the difference between the two growth rates was the smallest in 2009, but it expanded again in 2010.


The Statistics Bureau released yesterday that China's GDP growth rate in 2010 was 10.3%, while the revenue growth of the same period was more than two times that of GDP.

Previously, Zhang Shuguang, chairman of the academic committee of the Beijing Institute of economic research, and Zhou Tianyong, deputy director of the school Party committee of the Central Committee of the CPC Central Committee, said that China's tax revenue and revenue growth was too fast, and this growth rate should be controlled.


Planning finance will increase local tax returns


Continue to increase expenditure on Educational Science and reduce fiscal deficits


According to the budget at the beginning of last year, the fiscal deficit target set at the beginning of 2010 was 1 trillion and 50 billion yuan, an increase of 100 billion yuan compared to the deficit scale of 950 billion yuan in 2009, which has refreshed the annual deficit record since the founding of new China.

But from the present point of view, due to the increasing revenue this year, the scale of China's actual deficit should be smaller than the budget.


From the expenditure point of view, from 1 to December, the national fiscal expenditure was 89575 billion yuan, an increase of 13275 billion yuan over the previous year, an increase of 17.4%.

A simple balance of payments, about 649 billion 500 million yuan in 2010, accounted for about 1.6% of China's GDP in the same period, which is much lower than the budget deficit of 10500 billion, but the scale of the specific deficit still needs further calculation by the Ministry of finance.


With regard to overfunded funds, the Ministry of Finance indicated that the extra revenue should be increased by education and Science in addition to the statutory growth requirements. The current fiscal system should increase the local tax refund and pfer payments and appropriately reduce the central fiscal deficit. The rest will be pferred to the central budget stabilization fund, which will be used later in the year after approval by the NPC.

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